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3 years ago

According to the text, why is trade school more

Business

2 answers:

jek_recluse [69]3 years ago

5 0

<u>Explanation</u>:

A trade school is becoming popular this because it serves as a home to acquire technical education.

Thus anyone who wants to learn a skill having no prior experience is a best fit for trade school. A major benefit of the trade school is that it provides practical lessons to students, often times they are grouped together in peers for projects which encourages group learning.

mamaluj [8]3 years ago

5 0

Answer:

Explanation:

A trade school is more like a vocational school. It is a form of school where people acquire skills related to a specific job. It is usually less expensive and affordable. The class system is not as formal as a college school. The students gain more practical experience than theoretical lectures as commonly seen in college schools. The fees are cheaper compared to college schools.The students are been exposed to the field to practice and gain more experience. Trade schools train people to become expertise in skills such as plumbing, mechanics, graphic designers.

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Marriott International is a worldwide operator, franchisor, and licensor of hotels, residential, and timeshare properties totali

eimsori [14]

Answer:

Marriott International

Journal Entries:

a. $300,000 cash

Debit Sale of Assets $8,000,000

Credit Furniture $8,000,000

To transfer the account to sale of assets account.

Debit Accumulated Depreciation $7,700,000

Credit Sale of Assets $7,700,000

To transfer the account to sale of assets account.

Cash $300,000

Sale of Assets $300,000

To record the cash receipts from the sale of assets.

No gain or loss on disposal.

b. $900,000 cash

Debit Sale of Assets $8,000,000

Credit Furniture $8,000,000

To transfer the account to sale of assets account.

Debit Accumulated Depreciation $7,700,000

Credit Sale of Assets $7,700,000

To transfer the account to sale of assets account.

Debit Cash $900,000

Credit Sale of Assets $900,000

To record the cash receipts from the sale of assets.

Sale of Assets $600,000

Gain on Disposal $600,000

To record the gain on the disposal of the furniture.

c. $100,000 cash

Debit Sale of Assets $8,000,000

Credit Furniture $8,000,000

To transfer the account to sale of assets account.

Debit Accumulated Depreciation $7,700,000

Credit Sale of Assets $7,700,000

To transfer the account to sale of assets account.

Debit Cash $100,000

Credit Sale of Assets $100,000

To record the cash receipts from the sale of assets.

Loss on Disposal $200,000

Sale of Assets $200,000

To record the loss on disposal of the furniture.

2. The disposal of an asset creates either a loss on disposal or a gain on disposal, which is normally regarded as a capital loss or a capital gain, as the case may be.

Explanation:

a) Data and Calculations:

Furniture (cost) ............................... $8,000,000

Accumulated depreciation .............. ...7,700,000

Net book value = $300,000

a. $300,000 cash

Sale of Assets $8,000,000

Furniture $8,000,000

Accumulated Depreciation $7,700,000

Sale of Assets $7,700,000

Cash $300,000

Sale of Assets $300,000

b. $900,000 cash

Sale of Assets $8,000,000

Furniture $8,000,000

Accumulated Depreciation $7,700,000

Sale of Assets $7,700,000

Cash $900,000

Sale of Assets $900,000

c. $100,000 cash

Sale of Assets $8,000,000

Furniture $8,000,000

Accumulated Depreciation $7,700,000

Sale of Assets $7,700,000

Cash $100,000

Sale of Assets $100,000

8 0

3 years ago

Charles wants to work for himself in the Transportation and Logistics career cluster. Which lists the jobs with the

FinnZ [79.3K]

The second one is the best chance to be self employed at because logisticians require a degree and there is less call for them.

6 0

3 years ago

Grettzee, a musical instruments manufacturing company, imports high-quality maple wood from Resumbro, a South Asian country wher

kirill [66]

Answer:

Access to factors of production

Explanation:

Factors of production refers to all the resources that are needed in order to create goods or services. Generally, factors of production are divided into 4 category:

-Land

- Labor

- Capital

- Entrepreneurial skill

The woods that needed as raw materials from the text above is included as a part of 'land' . Since Resumbro have closer access to this resources, it will be cheaper for them to produce that materials, and it will be cheaper for Grettzee to buy it from another place .

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3 years ago

Anne mcnair is planning to take a course in business communications. her studies are likely to involve two-way exercises that en

natta225 [31]

That statement is True.
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In order to make the education process become efficient, it is important for the learners to keep an open mind and not afraid to ask answers for the things that they couldn't understand and it is important for the speaker to have a deep knowledge regarding the subject</span>

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3 years ago

Journalize the following transactions assuming the perpetual inventory system:July 3 Sold merchandise on account for $3,750 incl

Archy [21]

Answer:

Explanation:

The journal entries are shown below:

On July 3

Account receivable A/c Dr $3,750

To Sales $3,750

(Being the goods are sold on credit)

Cost of goods sold A/c Dr $2,000

To Merchandise Inventory A/c $2,000

(Being goods are sold at cost)

On July 5

Sales return and allowance A/c Dr $1,050

To Accounts receivable $1,050

(Being sales return is recorded)

Merchandise Inventory A/c $610

To Cost of goods sold A/c Dr $610

(Being sales return is recorded)

On July 12

Cash A/c Dr $2,700 ($3,050 - $1,050)

To Accounts receivable $2,700

(Being cash is received)

On July 17

Cash A/c Dr $7,420

To Sales A/c $7,000

To Sales tax payable A/c $420 ($7,000 × 6%)

(Being the goods are sold on credit)

Cost of goods sold A/c Dr $3,830

To Merchandise Inventory A/c $3,830

(Being goods are sold at cost)

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3 years ago