Answer:
The journal entries are shown below:
Explanation:
The journal entries are as follows
a Depreciation expense $4,070
To Accumulated Depreciation $4,070
(Being the depreciation expense is recorded )
b. Cash $21,900
Accumulated Depreciation $40,340 ($36,270 + $4,070)
Loss on sale of equipment $14,540 (Balancing figure)
To Equipment $76,780
( To record the sale of equipment )
Only these two entries are recorded)
Answer:
The correct answer is the letter B. “the sector of the economy that earns profits that are higher than average”
Explanation:
The underground economy refers to the informal economy, that is, productive activities that are not declared to the government and therefore are not under taxation. Thus, the profits earned from these activities are higher than average, since they do not pay taxes.
Answer:
All of the above can prevent the spread of infections
Explanation:
Germs are commonly known to be everywhere and can be spread in various ways, such as through the air in sneezes, coughs, or even breaths.
Hence, in this situation, in order to prevent the spread of germs, it is always advisable to carry out the following:
1. Make sure children take antibiotics every time they get sick
2. Wash your hands and children's hands often with soap and water
3. Cover your face with a re-usable handkerchief when you cough or sneeze
Therefore, the correct answer is "All of the above can prevent the spread of infections."
Answer:
Option D is correct because a penalty clause is excessive harm mitigation charge which is written in the contract so according to the law in case of default of one party the other party must be only compensated for the damage. So in this case Evan has used a penalty clause to enforce Drew to sell him his house. If Drew wants to default then he will have to compensate for the demages to Evan due to his default.
Answer:
decrease the demand for good A.
Explanation:
Under the cross price elasticity of demand, there are two goods i.e substitute goods and the complementary goods.
The substitute goods shows the positive relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is decreases and vice versa
Whereas, in the case of complimentary goods, it shows a negative relation between the price of good B and the demand of good A. That means if the price of good B decreases. then the demand of good A is increases and vice versa