Answer:
Explanation:
The journal entries are shown below:
a. Depreciation Expense A/c Dr $4,710
To Accumulated Depreciation - Office equipment A/c $4,710
(Being depreciation expense is recorded)
The depreciation expense is calculated for eight months (January - August)
b. Cash A/c Dr $21,240
Accumulated Depreciation - Office equipment A/c Dr $40,180
Loss on Disposal of Office equipment A/c Dr $25,130
To Office equipment A/c $86,550
(Being sale of machinery is recorded and the remaining balance is debited to the Loss on Disposal of Office equipment A/c)
The accumulated depreciation is computed below:
= $35,470 + $4,710
= $40,180
Answer:
C. A giant mixing container costs twice as much to operate as a small one but can mix 6 times as much dough daily
Explanation:
Economies of scale refers to a state when increase in the output results out of lower average costs. The operation of such a phase results out of, the total cost getting spread over large number of units of production in the long run.
Economies of scale results when the operations of a business expand due to which a firm can buy in bulk, avail more discounts and concessions from the seller for inputs and the efficiency of the labor rises.
In the given case, if the bakery decides to purchase a giant mixing container, it might lead to economies of scale given the fact, with respect to costs, the revenues shall rise more.
Since the giant mixer is capable of mixing six times as much dough daily, it would lead to a reduction in the average cost accompanied by an increase in the output and thereby lead to economies of scale.
Alcohol is the right option.
<h3>Why does alcohol make drivers sloppy?</h3>
- Abuse of alcohol combined with the overuse and dependency on the substance (cannabis/marijuana) leads to amotivational syndrome.
- Amotivational syndrome is a psychological condition marked by a decline in a person's physical and cognitive states.
- People with this syndrome exhibit symptoms like diminished consciousness, depression, lack of energy, incoherence, poor attention, memory impairment, alienation, etc.
Learn more about amotivational syndrome here:
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For a given year, the income statement budget is created through the use of predictions and fore casting.
<h3>What is the income statement budget?</h3>
This is the budget that is made up of the revenue, the expenditure and the profit for a particular year.
The financial report from the former year and the budget for the new period is what is taken into account.
The individuals that develop the income statement budget would be the accountant.
Read more on income statement budget here:brainly.com/question/24498019
Answer:
True
Explanation:
If a natural disaster occurs, house insurance can prevent you from further financial loss, as some compensation would be given.