Answer:
C. The equipment should be recorded at $2,000 in the accounting records because that was the exchange price.
Explanation:
The equipment should simply be recorded at $2,000. For example, if it was paid in cash, the journal entry would be:
Account Debit Credit
Equipment $2,000
Cash $2,000
The fact that it would cost $4,000 to replace it does not mean that it will be replaced. It is only a hypothetical scenario that should not be recorded in the accounting journal, because it does not reflect economic reality.
Answer:
negotiator
Explanation:
According to my research on different management roles and responsibilities, I can say that based on the information provided within the question Leah is playing the negotiator role. This is the act of bargaining in order to obtain the best possible outcome in a certain scenario. Like what Leah is doing in order to get the best price for certain products.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
It should be live on the web in only a few minutes.
Explanation:
The app developer for small companies has officially been announced by Google. The new tool called simply "Website" is free and gives small business owners an opportunity to create and produce websites on a laptop or mobile phone in minutes.
60 per cent of small companies in the world don't have their own websites, according to Google. With the launch of the new website creator, Google is clearly trying to increase that number.
Website is an expansion of Google My Business. You will therefore need a full GMB database to use the application. To create a website, Google automatically pull details from your GMB listing and can then be personalized with subjects, photographs and text.
Answer:
Monthly interest rate = 2.16666667%
Explanation:
Given:
Annual percentage rate = 26% = 26 / 100 = 0.26
Total number of months in a year = 12 month
Monthly interest rate = ?
Computation of monthly interest rate :
Monthly interest rate = Annual percentage rate / Total number of months in a year
Monthly interest rate = 0.26 / 12
Monthly interest rate = 0.0216666667
Monthly interest rate = 2.16666667%
Answer:
$91,900
Explanation:
The computation of net sales revenue is shown below:-
Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts
Net sales revenue = Sales Revenue - Sales Returns and Allowances - Sales Discounts
= $95,000 - $1,000 - $2,100
= $91,900
Therefore we have applied the above formula.
