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Author Question: Generally accepted accounting principles (GAAP) require that long-term assets be expensed over their ... (Read 103 times)

plus1

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on: Jul 5, 2018
Generally accepted accounting principles (GAAP) require that long-term assets be expensed over their useful lives using the straight-line method.
 
  Indicate whether the statement is true or false

Question 2

Joel Trump is paid one and one-half times the regular hourly rate for all hours worked in excess of 40 hours per week and double time for work on Sunday. Trump's regular rate is 8 per hour. During the week ended October 10, he worked 9 hours each day from Monday through Friday, 6 hours on Saturday, and 4 hours on Sunday. Trump's total earnings for the week ended October 10 are
 a. 110.
   b. 320.
   c. 430.
   d. 516.


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briezy

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Reply #1 on: Jul 5, 2018
Answer to Question 1

FALSE

Answer to Question 2

d


plus1

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

mcabuhat

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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