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Tamiku [17]
1 year ago
9

A photocopier cost 96000 when new and has accumulated depreciation of 95000. if the business discards this plant asset, the resu

lt is ________.
Business
1 answer:
Semenov [28]1 year ago
3 0

A photocopier cost 96000 when new and has accumulated depreciation of 95000. if the business discards this plant asset, the result is  $1,000.

Cost of photocopier        $    96,000.

Less: Accumulated depreciation   $  (95,000).

Loss on discard            $       1,000.

A photocopier (also known as a copier or copier, formerly Xerox machine, a generic trademark) is a machine that copies documents and other visual images onto paper or plastic film quickly and inexpensively.

The photocopier (also known as copier or copier, formerly Xerox machine, generic brand) is a machine that copies documents and other visual images onto paper or plastic film quickly and inexpensively. Most modern copiers use a technology called xerography. It is a dry process that uses the electrostatic charge of a photosensitive photoreceptor to first attract toner particles (powder) and then transfer them to paper in the form of an image.

Learn more about photocopier here: brainly.com/question/25307534

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Answer: Explanation

Explanation:

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3 years ago
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3 years ago
LF Corporation, a manufacturer of Mexican foods, contracted in 2014 to purchase 1,500 pounds of a spice mixture at $5.00 per pou
kramer

Answer:

(b) a loss of $750

Explanation:

Given;

Amount of spice mixture to be purchased = 1500 pounds

Price of spice mixture in 2014 = $5.00 per pound

Changed price of sugar mixture = $4.50 per pound

Now,

The amount to be received on the day of contract in 2014

= Amount of spice mixture to be purchased × Price of spice mixture in 2014

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and,

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The difference in Expected amount and the amount to be received

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= $750

Since the amount to be received is less than the expected amount on the day of contract

Therefore,

a loss will be recognized

Hence,

the correct answer is option (b) a loss of $750

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3 years ago
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Answer:

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