Answer:
The debit balance for the vehicles account was $20,000, and the credit balance of accumulated depreciation account was $18,000.
- Dr Vehicles account 20,000
- Cr Accumulated Depreciation Vehicles account 18,000
then the van was sold for $2,000
- Dr Cash account 2,000
- Cr vehicles account 2,000
Since the carrying value of the van was $2,000 (= $20,000 - $18,000) and the van was sold for $2,000, Patel had no gain or loss from this transaction.
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Answer and Explanation:
a. They will visit the local restaurant and the job candidate will choose to have salad as an order. Please check the attachment I added for the other parts of the answer.
b. The interviewer would make a choice and choose local restaurant. Based on this choice, the job candidate will choose salad. If the interviewer should choose chain restaurant, the job candidate will choose steak
C. Strategy
The interviewer:
S = {chain,local}
Job candidate:
S = {(steak, salad} multiplied by {steak, salad}
= {(Steak steak), (steak salad), (salad, steak), (salad,salad)}
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