Answer:
✔ Make sure that when you build your network, you don’t always expect your contacts to be giving to you. You have to give as well as receive in order for a network to be effective.
✔ You’re going to have a hard time building a network that you can use to support you through this restructuring, but start now to build your network before you need it the next time.
✔ Reach out to people and do as many activities as you can with them. Try to fill your calendar so that you connect with as many people as possible.
✘ Try to fill your network with people who are very similar to you, preferably people who do the same kind of work you do and people who have non-work backgrounds similar to yours. This will make it easier to develop relationships with them.
Answer:
For tax purposes, assets that are converted to business use from personal, should use the lesser of the Fair Market Value (FMV) at the time of conversion or the cost of the asset.
Computer.
The FMV is less than the purchase price so the depreciable basis is:
= $800
Printer
The FMV is less than the purchase price so the depreciable basis is:
= $150
Desk
The FMV is less than the purchase price so the depreciable basis is:
= $1,000
File Cabinet
The purchase price is less than the FMV so the depreciable basis is:
= $200
The accounting entry is to Credit Cash for 25000 and Debit Common Stock for 25,000
<h3 /><h3>What is journal entry?</h3>
Journal entry shows how a business financial transactions are being recorded.
Typically, when cash is withdrawn from a business or personal account, the accounting entry is to credit the cash account.
Hence, the accounting entry is to Credit Cash for 25,000 and Debit Common Stock for 25.000.
Learn more about journal entry here : brainly.com/question/14279491
#SPJ1
Answer: B. Land
Explanation: Just makes sense
Answer:
Manufacturing overhead= $96,000
Explanation:
Giving the following information:
Utilities, factory $ 11,000
Indirect labor $ 30,000
Depreciation of production equipment $ 51,000
<u>The manufacturing overhead includes all indirect costs regarding production. </u>
<u></u>
Manufacturing overhead= 11,000 + 30,000 + 51,000
Manufacturing overhead= $96,000
