Answer:
$48,800
Explanation:
the computation of the amount that should be debited to the equipment account is as follows:
Given that
The cost of an equipment is $97,300
the accumulated depreciation is $72,975
The replacement cost is $140,300
And, the valuation of the equipment is $48,800
So based on the above information, the amount that should be debited is equivalent to the valuation of the equipment i.e. $48,800
Answer:
b. perfectly inelastic.
Explanation:
A vertical demand curve means that quantity demanded would remain the same no matter the change in price. It means demand is perfectly inelastic.
Perfectly Inelastic demand means that quantity demanded doesn't respond to changes in price.
Demand is unit elastic if a small change in price has a greater effect on the quantity demanded.
Demand is perfectly elastic if quantity demanded falls to zero if there's a changes in price.
Demand is inelastic if a small change in price has little or no effect on quantity demanded.
I hope my answer helps you
Answer:
Sandwiched family
Explanation:
A sandwiched family is a type of family usually made up of middle-aged adults that find themselves saddled with the responsibility of providing and caring for their aged parents and also for their own children.The Boyle family can be described as a sandwich family that is sandwiched between providing financial support for their two children and also providing financial support for their aged parents.
The newshole is news content (not space used by ads) that takes up about 35 to 50 percent of the space in a typical metropolitan daily newspaper.
Explanation:
News hole is news content that occupies about 35 to 50 percent of the space in a typical metropolitan daily newspaper.
Newshole is a concept of journalism which refers to the daily space available for news in a magazine. Newshole columns are generally the leftover spaces when paying advertisements are full.
The quantity of space in a media journal or news shows that the amount of information that a journalist wants to create in every publication process exists for journalism after the advertisement has been put.
An accountant has debited an asset account for $1,300 and credited a liability account for $500 -The following would be an incorrect way to complete the recording of the transaction (D) Debit a Stockholders' account for $800.
Explanation:
By using the accounting equation
Total assets = Total liabilities + Total stockholder equity
where,
Debited Total assets = $1,300
Credited Total liabilities = $500
So, the total stockholder equity is
= $1,300 - $500
= $800
So, the incorrect way is to debit a stockholder equity for $800
