Given:
Original cost of contributed equipment : 125,000
Accumulated depreciation of contributed : 100,000
Value of similar equipment : 150,000
Agreed upon valuation of contributed equipment : 29,000
The amount that should be debited to the equipment account is 29,000.
It is the current value of the contributed equipment as agreed upon by the partners.
Answer:
D. ceteris paribus condition
Explanation:
The Latin words “Ceteris paribus”, means “all other things remain the same”. It is an assumption usually included when by economists when stating laws or concepts such as demand and supply. Because, actually in the real word, it is feasible to eliminate other variables that might influence an outcome, aside the variables under study. So therefore, we assume all other variables remain constant, when stating the relationship between two variables. For example, when constructing a demand curve showing the relationship between price and quantity demanded, we assume that all other variables that can influence demand other than price, remain the same, which in reality might be difficult to isolate.
Answer:
The correct answer is letter "D": the costs of inspection; the costs of passing on defective items.
Explanation:
It is said that as long as a business target to develop its <em>quality control</em> frequently, the lesser that company will depend on <em>inspection</em>. Inspection is a critical assessment of materials, products or structures that require evaluating, testing and measuring. Inspectors take measurements and make comparisons. The amount of inspection needed directly relies on <em>the cost of the inspection</em> and the <em>costs of passing on defective items</em>.
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Hospice care is expensive because it is labor - intensive.
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- Hannah ❤
They are considered a buyer in the ordinary course of business.
