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Margaret [11]
3 years ago
10

What does the credit balance in the accumulated depreciation account represent?

Business
1 answer:
labwork [276]3 years ago
3 0
The credit balance in the accumulated depreciation account represent: <span> the amount of depreciation taken in past years
In accounting, we must reduce the value every year we held an asset in order to show the true amount of the total asset values. This occurence is called a depreciation. If the amount of depreciation is add-up for several years, this account is called accumulated depreciation
</span>
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Answer:

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Explanation:

A market might have an upward-sloping long-run supply curve if

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Azure Inc. assigns $4,000,000 of its accounts receivables as collateral for a $3 million loan with a bank. The bank assesses a 3
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Answer with its Explanation:

Step 1:

First of all record a loan of $3 million loan:

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Cr Loan      $3,000,000

Step 2:

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Dr Finance Charge $3million *3% = $90,000

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Step 3:

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8 0
3 years ago
Suppliers can contribute ideas for product improvement or increased development efficiency.
Alchen [17]
Hello,

Here is your answer:

The proper answer to this question will be option B "false". Thats because suppliers are the people that are paid to deliver the goods (or products) to a business. He or she has no input about how to run the business!

Your answer is B.

If you need anymore help feel free to ask me!

Hope this helps!
3 0
3 years ago
The management of Metro Printers is considering a proposal to replace some existing equip- ment with a new highly efficient lase
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Answer:

Net present value of proposal $168,166

Explanation:

Check attachment

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