1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marusya05 [52]
3 years ago
6

he entry to close the Depreciation Expense account would include a debit to: Multiple Choice the Income Summary account and a cr

edit to the Depreciation Expense account. the Income Summary and a credit to Cash. the Cash account and a credit to the Income Summary account. the Depreciation Expense account and a credit to the Income Summary account.
Business
1 answer:
matrenka [14]3 years ago
3 0

Answer:

Debit to Income Summary account and a credit to the Depreciation Expense account.

Explanation:

The depreciation is a reduction in the value of the asset due to tear and wear, obsolesce, usage of the fixed asset. It is charged on the fixed asset. The depreciation expense is shown on the debit side of the income statement  

The closing entry is shown below:

Income summary A/c Dr. XXXXX

        To Depreciation expenses       XXXXX

(Being depreciation expenses is adjusted)

You might be interested in
As capital investments flow from high wage Core countries to low wage Periphery regions, _______________________ shifts take pla
svlad2 [7]

Answer: Labor

Explanation:

As a result of capital investments flowing, the labor in both the high wage countries and the low wage peripheral regions will shift due to interactions between the two labor systems.

The lower wage peripheral regions for instance, will see a rise in wages paid to their workers on account of the higher capital investment and people from these areas will move to the higher wage countries where they will be paid less which would reduce the wages paid in these higher wage countries.

3 0
3 years ago
Why do you think that continuing to add employees, stops to be effective at a certain point ?​
DerKrebs [107]
Because if more employees cost more to employ than how much they add to the profit of the company, then they aren’t being used efficiently.
3 0
3 years ago
Which of the following is an example of tertiary healthcare? Question 4 options: A family doctor An Ear, Nose, and Throat Specia
zhannawk [14.2K]

A Research Facility that specializes in experimental therapies for a condition called Laryngomalacia.

Primary Healthcare is your regular family medicine/pediatric doctor

Secondary is more complex problems where disciplines are brought together like hospitals

Tertiary is super specialized care that receives referrals from primary/secondary docs.

5 0
3 years ago
The Robinson-Patman Act of 1936 Group of answer choices made conspiracy in the restraint of trade illegal. made price discrimina
kvv77 [185]

Answer:

The correct option is: attempted to decrease the failure rate of small businesses by protecting them from the competition of large and growing chain stores

Explanation:

The  Robinson-Patman Act. was an amendment to  Clayton aniti-trust Act,it was enacted to address the issue of price discrimination.

The Act provided that businesses should charge the same prices to consumers not minding who the buyers are,hence the practice of higher bargaining power of large retail  stores using their buying strength to buy in large quantity at lower price was nipped in the bud.

Previously,these large retail stores were able to buy at cheaper prices compared to smallholder retailers and were able to sell at cheaper prices too,thereby driving the retailers out of business.

6 0
4 years ago
A university officer wants to know the proportion of registered students that spend more than 20 minutes to get to school. He se
vlada-n [284]

Answer:

1) We need a random sample. For this case we assume that the sample selected was obtained using the simple random sampling method.

2) We need to satisfy the following inequalities:

n\hat p =25*0.52= 13 \geq 10

n(1-\hat p) = 25*(1-0.52) =12 \geq 10

So then we satisfy this condition

3) 10% condition. For this case we assume that the random sample selected n represent less than 10% of the population size N . And for this case we can assume this condition.

So then since all the conditions are satisfied we can conclude that we can apply the normal approximation given by:

p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})

So then the answer for this case would be:

a. Yes.

Explanation:

For this case we assume that the question is: If in the experiment described we can use the normal approximation for the proportion of interest.

For this case we have a sample of n =25

And we are interested in the proportion of registered students that spend more than 20 minutes to get to school.

X = 13 represent the number of students in the sample selected that have a time more than 20 min.

And then the estimated proportion of interest would be:

\hat p = \frac{X}{n}= \frac{13}{25}= 0.52

And we want to check if we can use the normal approximation given by:

p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})

So in order to do this approximation we need to satisfy some conditions listed below:

1) We need a random sample. For this case we assume that the sample selected was obtained using the simple random sampling method.

2) We need to satisfy the following inequalities:

n\hat p =25*0.52= 13 \geq 10

n(1-\hat p) = 25*(1-0.52) =12 \geq 10

So then we satisfy this condition:

3) 10% condition. For this case we assume that the random sample selected n represent less than 10% of the population size N . And for this case we can assume this condition.

So then since all the conditions are satisfied we can conclude that we can apply the normal approximation given by:

p \sim N (\hat p, \sqrt{\frac{\hat p (1-\hat p)}{n}})

So then the answer for this case would be:

a. Yes.

3 0
3 years ago
Other questions:
  • ________ feasibility refers to projecting whether the system will operate and be used once it is installed.
    8·1 answer
  • Based on the recognition that states differ in their resource endowments of land, labor, and capital, a theory developed arguing
    9·1 answer
  • Your auto insurance policy has a 200 monthly premium and 700 deductible. What is the maximum amount you will have to pay out of
    8·2 answers
  • When the concept of conservation is applied to the balance sheet, it results in (
    8·1 answer
  • The manager of Splish is given a bonus based on net income before taxes. The net income after taxes is $72820 for FIFO and $6120
    12·1 answer
  • A report that shows the financial picture of a company at a given time and itemizes assets, liabilities and stockholders' equity
    15·1 answer
  • Based on the three documents you analyzed, write a detailed paragraph to answer the following question: How did the Islamic Empi
    7·1 answer
  • Curvilinear costs always increase: a. When management performs break-even analysis. b. When volume increases, but at a nonconsta
    12·1 answer
  • Currency markets operate under a system called _____. This means that prices of currencies vary based upon demand and supply of
    14·1 answer
  • A lender estimates that the closing costs on a $312,500 home loan will be $12,500. The actual closing costs were 4. 25% of the l
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!