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3 years ago

Business incubators are a time honored tradition and have been around since the early 1700s. True or false?

1 answer:

3 0

<span>Business incubators are a time honored tradition and have been around since the early 1700s.
</span>
Ans: its true

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Several companies now offer DNA "banking services," where DNA is extracted from a pet and is stored so that a "replacement pet"

salantis [7]

I think it’s that mutations could occur

3 0

3 years ago

You have no health insurance and you are unemployed. where can you go in your state, county, or city for medical services?

Gemiola [76]

<span>It is not important to always have a health insurance or to be employed in order to see the doctor.

There are many free clinics and Medicaids in many different cities and states, which could help people to avail medical treatment at considerably cheaper prices.

In case, the person is unemployed, they can also avail food stamps for a period of time from the clinics after completing the necessary formalities.

The Free clinics and Medicaids can be searched for on the websites and an online appointment can also be booked.</span>

3 0

3 years ago

McGraw purchased an antique rocking chair from Tillis by check. The check was dishonored by the bank due to insufficient funds.

LekaFEV [45]

Answer:

Option C is the correct option.

Explanation:

As the rights and obligation of the antique rocking chair are been passed to third party, so the damage caused by the checque been bounced is the monetry consideration agreed between the party to the contract, McGraw and Tellis. So Tellis may recover money damages from McGraw. However there is a special condition that can allow Tellis recover his asset from Rio if the third party knew before purchase of this asset, that the checque paid to Tellis by McGraw was dishonoured but still he contracted with McGraw to acquire the antique rocking chair.

Overall the option C is the correct option with which the case scenario relates.

3 0

3 years ago

Carson Company purchased a depreciable asset for $560,000. The estimated salvage value is $28,000, and the estimated useful life

LenaWriter [7]

Answer:

$79,800

Explanation:

Depreciation expense using the activity method = (actual hours of use in a given period / total estimated hours of use ) × ( Cost of asset - Salvage value)

(1500/10,000) × ($560,000 - $28,000) = $79,800

I hope my answer helps you.

5 0

3 years ago

Machinery purchased for $69,600 by Tamarisk Co. in 2016 was originally estimated to have a life of 8 years with a salvage value

8_murik_8 [283]

Answer and Explanation:

The journal entries are shown below:

a. No journal entry is required

b. Depreciation expense $4,756

To Accumulated depreciation-Machinery $4,756

(Being depreciation expense is recorded)

Here the depreciation expense is debited as it increased the expense and credited the accumulated depreciation as it decreased the assets

Working

Accumulated depreciation is

= ($69,600 - $4,640 ÷ 8 × 5)

= $40,600

Now Revised depreciation is

= ($69,600 - $40,600 - $5,220) ÷ 5

= $4,756

7 0

2 years ago