![subject](/tpl/images/cats/ekonomika.png)
Marin Corporation recorded a right-of-use asset for $214,400 as a result of a finance lease on December 31, 2019. Marin’s incremental borrowing rate is 11%, and the implicit rate of the lessor was not known at the commencement of the lease. Marin made the first lease payment of $37,534 on on December 31, 2019. The lease requires 8 annual payments. The equipment has a useful life of 8 years with no residual value.
Prepare Marin's December 31, 2017, entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to O decimal places e. g. 5,275)
Date Account Titles and Explanation Debit Credit
December 31, 2017
December 31, 2017 (To record amortization of the right-of-use asset)
![ansver](/tpl/images/cats/User.png)
Answers: 1
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 19:50
One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card used (visa, mastercard, american express, or discover), and (2) the amount (in dollars) of each purchase. identify the level of each variable measured.
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 12:30
Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 19:50
At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)
Answers: 2
You know the right answer?
Marin Corporation recorded a right-of-use asset for $214,400 as a result of a finance lease on Decem...
Questions
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/User.png)
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 21.01.2021 22:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/himiya.png)
Chemistry, 21.01.2021 22:50
![question](/tpl/images/cats/istoriya.png)
History, 21.01.2021 22:50
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/User.png)
SAT, 21.01.2021 22:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/himiya.png)