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Airida [17]
2 years ago
14

What should the accumulated depreciation equal at the end of the asset's useful life?

Business
1 answer:
Advocard [28]2 years ago
8 0

What should the accumulated depreciation equal at the end of the asset's useful life The Balance In Accumulated Depreciation Will Be The Same Amount Under all the depreciation methods.

The depreciation of an asset up to one point in its life is referred to as accumulated depreciation. Since accumulated depreciation is a counter asset account, its natural equilibrium is a credit that lowers the asset's total value. General accepted accounting principles (GAAP) require that expenses be matched to the same accounting period in which the relevant revenue is generated. This is known as the matching principle. A business will depreciate a portion of a capital asset's value over the course of each year of its useful life. This implies that the expense related to using up an asset that has been capitalised is reported every year the asset is put to use and generates income.

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Sussex Corporation's production cycle starts in the Mixing Department. The following information is available for April:Work-in-
VladimirAG [237]

Answer:

C. 280,000 270,000

Explanation:

Units Started and Completed: Total Units in Process during April - Work in Process Units at April 30

Equivalent Units of Production (Weighted Average Method): Units Started and Completed +  Ending Inventory x % Completion

Units Started and Completed: 280,000 units - 25,000 units = 255,000

Equivalent Units of Production Materials: 255,000 + 25,000 x 100% = 280,000

Equivalent Units of Production Conversion Costs: 255,000 + 25,000 x 60% = 270,000

4 0
3 years ago
A major advantage of the built-in or automatic stabilizers is that they.
julia-pushkina [17]

A major advantage of the built-in or automatic stabilizers is that they require no legislative action by Congress to be made effective.

<h3>What are automatic stablizers?</h3>

Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of the congress. An example of an automatic stablizer is taxes.

In an expansion, progressive tax increases the tax paid by citizens and  in a contraction, tax paid is reduced and this increases disposable income.

Here is the complete question:

A major advantage of the built-in or automatic stabilizers is that they:

(a) simultaneously stabilize the economy and reduce the absolute size of the public debt.

(b) automatically produce surpluses during recessions and deficits during inflation.

(c) require no legislative action by Congress to be made effective.

(d) guarantee that the federal budget will be balanced over the course of the business cycle.

7 0
2 years ago
You are caring for a client status post lung resection. When assessing your client you find that the bubbling in the water-seal
cupoosta [38]

Answer:

The correct answer is See if there are leaks in the system.

Explanation:

Bubbling in the water sealing chamber occurs in the early postoperative period. If the bubbling is excessive, the nurse verifies that the system does not leak. Fluctuation of the fluid in the water sealing chamber is initially present with each breath. Fluctuations cease if the chest tube is clogged or if a crease forms in the tube. If the suction unit malfunctions, the suction control chamber, not the water seal chamber, will be affected.

5 0
3 years ago
every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or
andre [41]

It is the duty of every licensee to immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address. Hence, the given statement is true.

<h3>What is an address?</h3>

The term "address" refers to the location of a venue where something or someone can be easily found. There are various kinds of addresses that are used by humans to locate or locate either themselves or anything else or a human.

Some of the instances of address are residence address, business address, meeting address, and many more. All legal documents that are held by a person are registered at the address that is given by them.

Thus, when any kind of change in the address occurs or happens, it is the duty of the document holder to inform the signed authority.

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The complete question has been attached in text form:

Every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address

False

True

3 0
1 year ago
A way that traditional retailers can compete with online retailers is to: Multiple choice question. use franchises that deliver
Arisa [49]

In order to compete with the online retailers, the traditional retailers can use franchises that deliver, require an administered system for all, and increase their market share.

<h3>Who is a retailer?</h3>

A manager or owner of a business organization or a unit that specializes in selling of products to their customers, which they procure from the supplier, is known as a retailer.

Hence, options A, C and D hold true regarding the traditional retailers.

Learn more about a retailer here:

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7 0
2 years ago
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