What’s the code that 49 states have adopted to interpret and enforce contract law

WITCHER [35]

C. Create variation jn a musical motivr by shortening it because fragmentation explains smaller pieces or seperate parts

4 0

3 years ago

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On April 1, a patent with an estimated useful economic life of 12 years was acquired for $1,500,000. In addition, on December 31

Tasya [4]

Answer:

April 1

Debit : Patent $1,500,000

Credit : Cash $1,500,000

December 31

Debit : Amortization $125,000

Credit : Accumulated Amortization $125,000

December 31

Debit : Impairment loss $6,000,000

Credit : Accumulated Impairment loss $6,000,000

Explanation:

Both the Amortization and Impairment loss reduce the value of assets. They are therefore expenses accounted in Income Statement.

Amortization : is the loss of value of an asset due to passage of time.

Amortization Expense = (Cost - Residual Amount) ÷ Useful Life

= ( $1,500,000 - $ 0) ÷ 12

= $125,000

Impairment loss : is the excess of the Carrying Amount of an Asset over its Recoverable Amount( Higher of Value in Use and Fair Value less Cost to Sell)

6 0

3 years ago

Landmark Corp. buys $300,000 of Schroeter Company's 8% five-year bonds payable at par value on September 1. Interest payments ar

yawa3891 [41]

Answer: A debit to Long-Term Investments-HTM $300,000

Explanation:

A journal entry is the act of making records of the transactions that takes place and such transactions typically shows the debit and credit balance of the company.

From the question, we are informed that Landmark Corp. buys $300,000 of Schroeter Company's 8% five-year bonds payable at par value on September 1. Interest payments are made semiannually and that Landmark plans to hold the bonds for the five year life.

The journal entry to record the purchase should include a debit to Long-Term Investments-HTM $300,000.

5 0

3 years ago

You are working on a brochure about your business. The type for the body text will be black and that for the section headings wi

OlgaM077 [116]

Answer:

The correct answer is Contrast and repetition.

Explanation:

Contrast: it has to do with sensory stimuli that allow highlighting elements or areas in a composition through the opposition or difference between them, that is, in a graphic design, a contrast is generated when there is a notable difference between two elements.

Repeat: the repetition is nothing more than identical identical forms that appear more than once in the design, that is to say, it would be a question of using the same element several times and distributed throughout the composition.

It is very important to resort to repetition especially when we are designing a graphic product that consists of several pages (catalog, magazine, etc.).

The repetition gives unity to the whole design, consistency and cohesion. Sometimes even on single page products, such as a diptych or triptych, it gives the feeling of continuity and that everything is "well tied". However, it should not be exceeded in its use. Repeating one or two graphic patterns is fine, but after three it would not be correct.

8 0

3 years ago

The following costs result from the production and sale of 1,000 drum sets manufactured by Tight Drums Company for the year ende

Ierofanga [76]

Answer:

$0.72

Explanation:

total direct materials = $125,000

total variable selling costs = $15,000

total variable costs = $140,000

variable cost per unit = $140,000 / 1,000 units = $140 per unit

contribution margin ratio = (sales price - variable cost) / sales price = ($500 - $140) / $500 = 72%

this means that per dollar of sales, $0.72 are left to cover fixed costs and contribute to operating income

8 0

3 years ago