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Mekhanik [1.2K]
1 year ago
5

Depreciation on an office building is $2,800. the adjusting entry on december 31 would be?

Business
1 answer:
Alexxandr [17]1 year ago
6 0

Depreciation on an office building is $2,800. the adjusting entry on December 31 would be $2800.

<h3>What is meant by depreciation?</h3>

This is the term that is used to refer to the fact that the value of a commodity or an asset has fallen. It is used to show that there is a decrease in value of the asset that may be caused by several factors.

Assets are known to increase in value or they may decrease in value. Hence we can say that depreciation on an office building is $2,800. the adjusting entry on December 31 would be $2800.

Read more on depreciation  here: brainly.com/question/1203926

#SPJ1

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Answer:

B. $100,000 subtraction from net income $400,000 cash inflow

Explanation:

The income statment will include a loss on disposal.

The book value is 500,000 and was sold at 400,000

The loss on disposal will be 100,000

For the cash flow statement will recognize the cash proceeds from investment activities. It will ignore the loss on disposal. Cash generated on disposal of equipment will be 400,000

A.- INCORRECT the net income decrease, as it was a loss, not a gain.

C.- INCORRECT the net income decrease, as it was a loss, not a gain.

D.- INCORRECT the cash flow will recognize the amount of cash received. Which is 400,000 not 500,000.

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3 years ago
It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A mea
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It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.

<h3>What is meant by the hits on a page?</h3>

This is the term that is used to refer the ways that the number of traffics that happens on a particular web page can be ascertained. The hit is the number of people that are known to visit the particular site that is in question.

Hence we would say that It is important to determine the amount of traffic using a particular site, visits to the blogs, or tweets about the site. A measure used for this purpose is the number of of hits that that are on a particular page.

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3 0
2 years ago
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3 years ago
A simultaneous rise in productivity and nominal wages would shift the short-run aggregate supply curve to the: right if the cost
worty [1.4K]

Answer:

left if the rise in nominal wages is larger than the rise in productivity

Explanation:

Aggregate supply curve shows all goods and services that is supplied to consumers during a particular period in a particular country.

Movement along aggregate demand curve is as a result of price, however a shift in the curve results from othe factors such as income, taxes, cost of input, and so on.

Increased wages will lead to reduction in aggregate supply because the cost of input (labour) has increased. So supplies will be able to produce less at the higher cost.

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