In equilibrium : Y = AE
<span>Y = $3,600 - 0.8Y
</span><span>Y + 0.8Y = $3600</span>
<span>1.8Y = $3,600
</span>Y = $3,600/1.8
Y = $2,000
Answer:
See below.
Explanation:
Journal entries to record the transaction are as follows,
Debit Computer account with $3,432
Debit Accumulated depreciation account with $18,720
Credit Truck account with $20,800
Credit Cash Account with $520
Credit profit on sale of asset with $832
This the journal entry that balances the books by targeting appropriate accounts.
Note that accumulated depreciation account has a credit balance as it is an asset reducing account.
Hope that helps.
Answer:
$155,000
Explanation:
Given the information above,
Depreciation charge (straight line) = (Cost - Residual value) ÷ Estimated useful life
Therefore,
2021 Depreciation charge = ($2,635,000 - $0) ÷ 17
= $155,000
The journal entry to correct the error will include a credit to accumulated depreciation of $155,000
Answer:
Yes, the contract is still valid.
Explanation:
Let us first clarify some terms first.
A contract is referred to as a legally binding agreement that is recognized, known and governs the rights and duties of the parties involved in an agreement. A contract is legally enforceable because it meets the features and approval of the law. An agreement basically involves the exchange of goods, transactions, services, money, or promises. In the case of breach of contract, the law awards the injured party access to legal remedies which include damages and cancellation.
Letter of revocation is an act by which a person having authority, calls back or in other words annuls a power, gift, or benefit, which had been bestowed upon another.
Yes, the contract still holds. This is due to the reason that the letter had a date mentioned on it which is August 4, a day before the contract was accepted even though the revocation letter arrived late.
Therefore, as regards to the date on the letter, the contract is still valid.
Answer: What do I know about the audience’s education, beliefs, culture, and attitude? ;How should I format this message? ; How much does the audience know about my topic?
Explanation:
<u>Do I need to include more background information?</u> Too much basic information evokes a generalized idea, which does not contribute to reaching the desired target audience.
<em>What do I know about the audience’s education, beliefs, culture, and attitude?</em><em> </em>Asking yourself this type of question will undoubtedly contribute to a narrowing and targeting of the audience that the writer wants to reach.
<em>How should I format this message?</em> This question is essential, as it will provide very important support about the language that will be used. Remember that language is something that, being used well, helps a lot in identifying with the audience desired by the writer.
<em>How much does the audience know about my topic? </em>Another important question. With a correct answer or a writer will think how to convey a message, how to argue it.
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<u>Can I get someone else to transmit this message? </u>
The writer's concern is not based on the search for someone to transmit the message for him, but he must be guided in knowing how to transmit the message.
