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Romashka-Z-Leto [24]
2 years ago
8

Gill company calculated equipment depreciation for the month of $500. the necessary adjusting entry will include a:_________

Business
1 answer:
sesenic [268]2 years ago
7 0

Gill company calculated equipment depreciation for the month of $500. The necessary adjusting entry will include a credit to accumulated depreciation, and debit to depreciation expense.

The basic journal entry for depreciation is to debit the depreciation expense account and credit the accumulated depreciation account. Depreciation expense is recorded on the income statement as an expense or debit, reducing net income.

On the other hand, accumulated depreciation is not recorded separately on the balance sheet. Instead, it is recorded in a contra asset account as a credit, by reducing the value of fixed assets.

Hence, the entry will include a credit to accumulated depreciation, and debit to depreciation expense.

To learn more about depreciation here:

brainly.com/question/28139636

#SPJ4

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Which of the answer choices shows the correct punctuation? if managers don't prepare for international business trips, by learni
Mandarinka [93]

The correct use is:

If managers don't prepare for international business trips by learning about the culture, they will be at a disadvantage when negotiating deals abroad.

Punctuation means the marks, such as period, comma, and parentheses, used in writing to separate sentences and their elements and to clarify meaning.

5 0
3 years ago
Most economists would probably argue that the best interests of international business are served by.
Romashka-Z-Leto [24]

Indeed, most economists would argue that the best interests of international businesses are served by a <u>free-trade stance</u>.

<h3>What is a free-trade stance?</h3>

A free-trade stance is a government policy that does not restrict imports and exports because there are no import tariffs or export subsidies.

A free-trade stance is also known as laissez-faire policy because under a free-trade policy, goods and services are exchanged across international borders with little or no government interventions in the forms of tariffs, quotas, subsidies, or prohibitions.

Trade protectionism, which creates economic isolationism, is the direct opposite of the concept of free trade.

Thus, indeed, most economists would argue that the best interests of international businesses are served by a <u>free-trade stance</u>.

Learn more about the free-trade stance at brainly.com/question/10608502

4 0
2 years ago
Mark is selling gourmet apples at a price of ​$3 per pound. ​ currently, he sells 150 pounds of apples per week. this​ week, mar
Dafna1 [17]
Mark's initial revenue was $450 (150lb)($3) and his new revenue was $500 (100lb)($5). Since Mark's revenue increased when the price if apples rose, the demand for Mark's gourmet applies must be inelastic. Elastic, because even though there was a change in price, the change in price wasn't substantial. 
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4 years ago
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The given statement is TRUE.

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In the vocabulary of the corporate community of that period, the latest AFL policies were labeled "financial unionism."

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Answer:

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