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ryzh [129]
2 years ago
9

The estimated amount of depreciation on office equipment for the current year is $3,500. the correct adjusting entry to journali

ze this depreciation is
Business
1 answer:
Illusion [34]2 years ago
8 0

The correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.

What is a depreciation?

In accounting, this refers to the monetary value of an asset that decreases over time due to use, wear, tear etc.

As we are given that the estimated amount of depreciation on office equipment for the current year is $3,500, then, the correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.

Read more about depreciation

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Zero coupon bonds:_____________.A. are valued using simple interest.B. are issued only by the U.S. Treasury.C. create a tax dedu
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Answer: E- create annual taxable income to individual bondholders

Explanation: Zero coupon bonds are bonds that are sold or bought by investors lower than the face value of the bond. they are long term bonds that do not generate interest throughout the life of the bonds.

These bond are usually issued by the US Treasury, Corporations, Local and state Government.

Bond owners can only make money on bond as the price in the market fluctuates against the face value. No payment is made on these bonds until maturity which is a long time say 10 to 15 years.

On these bond investors may have to pay income taxes on the interest that accrue on the bond yearly.

3 0
3 years ago
Which function of money describes its ability to enable trade between
aliina [53]

Answer:

D. Medium of exchange

Explanation:

A medium of exchange is any physical object used as a measure of value to facilitate the transfer of goods and services between sellers and buyers. A medium of exchange acts as a go-between in transactions. In modern trade, money is the most widely accepted medium of exchange.

Today, goods and services are given a monetary value. Trade becomes relatively easy as buyers and sellers know how much money is needed to complete a transaction.

3 0
4 years ago
Who usually requires less educational background for trainers than educational institutions require for instructors?
Karo-lina-s [1.5K]
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6 0
3 years ago
At her job of grooming horses, Polly Yaskovich worked 8 hours a day on Monday and Tuesday earning $67 each day. On Wednesday, sh
PSYCHO15rus [73]

Answer:

Your answer is that she needs to earn $148 on Friday

Explanation:

Calculate Average:

(67 + 82 + 78) / 4 = 56.75    (Remember 67 is worth Monday and Tuesday)

We know that the number that the 4 numbers add up to has to be divisible by 5 because our we need to average 75 and we have 5 days to average on.

5 x 75 = 375

67 + 82 + 78 = 227

375 - 227 = 148

(67+82+78+148) / 5 = 75

Your answer is that she needs to earn $148 on Friday

3 0
3 years ago
PLEASE HELP!! i’ll give brainliest
Yuliya22 [10]

Answer:

Share your vision with them. Let employees know our plans for your company and your products and services. ...

Keep them in the loop. ...

Involve them in the launch of new products. ...

Reward them for building relationships with customers.

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7 0
3 years ago
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