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2 years ago

If $500 cash and a $2,000 note are given in exchange for a delivery truck for use in a business?

1 answer:

ivann1987 [24]2 years ago

4 0

If $500 cash and a $2,000 word are given in change for a delivery truck for use in a commercial enterprise The stockholders ' equity is increased.

Shareholders' equity is the amount that the owners of an employer have invested in their enterprise. This includes the money they've without delay invested and the accumulation of income the agency has earned and that has been reinvested since inception.

Shareholder fairness is the difference between a firm's overall property and general liabilities. This equation is known as a balance sheet equation as all of the relevant information can be gleaned from the stability sheet.

Stockholders' equity has three common components: paid-in capital, treasury stock, and retained earnings. Three types of commercial enterprise entities exist companies, sole proprietorships, and drift-via entities which include partnerships. Stockholders' fairness applies most effectively to the corporate enterprise entity.

Learn more about stockholders here: brainly.com/question/14032844

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Carney Construction purchased a truck for $55,000 on January 1, 2015. The truck had an estimated useful life of 5 years and an e

ddd [48]

Answer:

The amount of depreciation would be recorded in 2016 was $12,000

Explanation:

Under the straight-line method, useful life is 5 years, so the asset's annual depreciation will be 20% of the Depreciable cost.

Depreciable cost = Total cost of the equipment - Residual value = $55,000 - $5,000 = $50,000

Under the double-declining-balance method the 20% straight line rate is doubled to 40% - multiplied times the Depreciable cost's book value at the beginning of the year.

Depreciation expense for 2015 = 40% x $50,000 = $20,000

At the beginning 2016, the Depreciable cost's book value is $50,000-$20,000 = $30,000

Depreciation expense for 2016 = 40% x $30,000 = $12,000

7 0

3 years ago

17-16. Do you think interns who feel they’ve had a negative or exploitive relationship with a company should file lawsuits? Why

katrin2010 [14]

Answer: The answer is provided below

Explanation:

An intern is a student or a trainee who works, sometimes without getting paid, so as too gain work experience or satisfy the requirements for a qualification.

Internship comes into legal agreement by signing an internship agreement. Such agreement is signed by the organization and the intern. The violation of intern contract is enforceable by law.

Companies usually have committee that evaluate issues that may disturb the employees or interns at their workplace. In a situation whereby the intern feels an issue cannot be resolved within the organization, the intern can go for lawsuits.

Company's actions such as discrimination at work, sexual harrasment are example of cases that may justify am intern going to the court. Even though many states have passed laws to protect interns in organizations, an intern can still file lawsuits in cases of severe misconducts.

6 0

3 years ago

A feature of personal selling by salespeople is that it is

dlinn [17]

A feature of personal selling by salespeople is that it is their development of oral conversation.

<h3>What is a Personal selling?</h3>

This refers to a face to face selling technique whereby the salesperson uses an interpersonal skills to persuade the prospective customer in buying a particular product.

However, the main feature of personal selling by salespeople is that it is their development of oral conversation because they need to effectively persuade their client.

Read more about Personal selling

<em>brainly.com/question/7304387</em>

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4 0

2 years ago

Jerry's supervisor has asked him to revise a memo because his paragraphs are too long. how long should jerry's paragraphs be, on

gavmur [86]

A memo is a short written type of communication used in formal organizations. Memos should begin with a clear and to the point purpose statement. It is usually recommended that they do not exceed one page in length. A paragraph in a memo should not be longer than three to four sentences.

4 0

4 years ago

At what point does corporation make money from stocks

labwork [276]

Answer:

a corporation make money from stocks at the IPO. Initial Public Offering.

Explanation:

A corporation only makes money out of a stick when it is Issued for the first time. This operation is called IPO and it’s the primary market for a stock in the exchange market.

After the stock is sold to an investor the stock goes into the secondary market, In the secondary market the people that make a profit out of the sale of a stock are the stockholders but not the corporation.

3 0

3 years ago