Answer:
Jack has claim while Jill didn't have.
Explanation:
Jack has claim against Deuce Hardware because his performance is tremendous and make more sales for the company. He done his work very well so he can claim against Deuce Hardware Supplies while on the other hand, Jill has no claim against Deuce Hardware because he commit a crime on the basis of which the company has the authority to terminate him from the job. He works very well in the company but his crime is big enough to terminate him.
Below are the amount required to close the account of Harrison's Dog Walking Service Company:
Journal entries
Jan 31
Fees earned No entries
Dr wages expenses $44,230
Cr Rent Expense $15,710
Cr Supplies Expense $15,800
Cr Miscellaneous Expense $2,420
Harrison Taylor capital No entries
Jan 31
Harrison Taylor capital No entries
Harrison Taylor drawing No entries
Answer:
Recorder Amount: 315000
Land: 52500
Building: 192500
Equipment: 70000
Explanation:
Record the value with the lower of cost or fair value. Since the cost(cash price) is lower. We calculate the proportion of each asset using the fair value figures:
formula: percentage of each asset as a function of fair value multiplied by cash payment.
Total: 60000+220000+80000=360000
land=0.167(that is 60/360) * 315000 = 52500
Building=0.611 * 315000 = 192500
Equipment = 0.22*315000=70000
Firms have a tendency to change the industry structure in their favor, for example by making industries more <u>Consolidated</u> through mergers and acquisitions.
<h3>What are the major types of industry structure?</h3>
The four famous types of market structures possess perfect competition, oligopoly market, monopoly market, and monopolistic competition
<h3>What is represented by industry structure?</h3>
Industrial structure represents the composition of a country's economic activity, the presentation of human material provisions. Industries are usually classified into three basic types according to their stage within the presentation process, or the type of value being added to a biological resource.
To learn more about Industrial structure, refer
brainly.com/question/19091356
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Answer:
The correct answer is C.
Explanation:
Giving the following information:
Berry Co. purchases a patent on January 1, 2021, for $33,000 and the patent has an expected useful life of five years with no residual value.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= 33,000/5= $6,600