In 2016, internal auditors discovered that PKE Displays, Inc., had debited an expense account for the $368,000 cost of a equipment purchased on January 1, 2013. The equipment’s life was expected to be five years with no residual value. Straight-line depreciation is used by PKE. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required:1. Prepare the appropriate correcting entry assuming the error was discovered in 2016 before the adjusting and closing entries. (Ignore income taxes.)Record the correcting entry for errors discovered.2. Assume the error was discovered in 2018 after the 2017 financial statements are issued. Prepare the appropriate correcting entry. Record the correcting entry for errors discovered.

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.

What is the relationship among market segmentation, target markts, and consumer profiles?