Answer:
S/N ACCOUNT DEBIT CREDIT
1 Equipment $22,000
Cash $22,000
Being payment for new component expected to increase the
equipment’s productivity by 10% a year
2. Equipment Repairs expenses $6,250
Cash $6,250
Being payment for equipment repair
3. Equipment $14,870
Cash $14,870
Being payment for equipment repair to prolong the useful life
the asset
Explanation:
The initial cost incurred in acquiring an asset is debited to asset account, subsequently every other cost spent on the assets are either expenses against the earning of that period or expensed over many years over the useful life of the asset.
Capitalization is the recognition of an expense as an asset in the balance sheet rather than expenses in the income statement.
The payment of $22,000 paid for the equipment productivity must be capitalized, that is added to the cost of the asset because it is a cost that is expected to increase the equipment’s productivity by 10% a year.
The $6,250 paid for normal repair is a revenue items which is to be expensed against the earning of that period.
The $14,870 paid for repairs which will increase the useful life of the equipment from four to five years is a capital expenditure which should capitalized, that is added to the cost of the asset.
Answer:
Generate traffic.
Explanation:
Direct marketing is a type of marketing strategy that involves communicating directly with potential customers. In this type of advertising strategy there is no middleman as business is transacted directly from the producers to the customers.
Direct marketing helps an organization to increase its sales, it also helps to build a strong relationship with customers. Direct marketing mediums include: newspapers, postcards, catalogs, phone calls.
It means the country is producing more capital goods than the consumer goods.The economy of the country will rise along with the rise in capital goods
Caleb should put as many promising ideas to test and encourage creativity among his employ.
<h3>Does encourage mean support?</h3>
Encourage is defined as to give someone hope, confidence or support.
<h3>What makes a person encouraging?</h3>
Once we understand what the issue is, an important part of encouraging someone is to validate their feelings, and try to understand why they feel that way. I personally find that one of the least effective ways to encourage someone is to just say something like 'it'll be fine' or 'don't worry, you'll be great'.
Learn more about encourage creativity here:
<h3>
brainly.com/question/12702673</h3><h3 /><h3>#SPJ4</h3>
Answer:
specialty shopping
Explanation:
Based on the scenario being described within the question it can be said that this type of shopping is referred to as specialty shopping. This refers to when an individual goes through extra special purchasing efforts in order to find and purchase a particularly unique product with the correct characteristics that the buyer wants. Which is exactly what Diana has done in order to find the dog that she wanted.
