The agreed cost of an item to be purchased by a business on credit is 4000. The applicable cost will be debited to advertising expenses. The item is subject to 5% goods and services tax GST and 5% provincial sales tax PST. Nguyen it’s transaction is recorded what amount will be credited to Accounts Payable?

What does the phrase limited liability mean in a corporate context?

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)

Which are the best examples of costs that should be considered when creating a project budget?