In 2012, the average credit-card debt per u. s. household was $15,374. assume your debt is consolidated to one card, you make a payment of $5000 on jan. 2nd, and your card has an apr of 1.5% a month. determine the minimum payment for january, due in february, if you do not make additional purchases. (hint: the average daily balance is the sum of the unpaid balances for each day in the billing cycle divided by the number of days in the billing cycle. use the formula upper i equals prt to compute the interest. this credit card requires a $10 minimum monthly payment if the balance due at the end of the billing period is less than $360. otherwise, the minimum monthly payment is startfraction 1 over 36 endfraction of the balance due at the end of the billing period.)

What is the main role of ctsos at the local level? at the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events.1. a.internsb.traineesc.members2.a.participateb.trainc.win

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes