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slega [8]
3 years ago
6

These are selected 2017 transactions for Wyle Corporation:

Business
1 answer:
Ber [7]3 years ago
8 0

Answer and Explanation:

The Journal entry is shown below:-

1. Amortization expense - copyrights $20,000  ($120,000 ÷ 6)

         To copyrights $20,000

(Being  amortization expense is recorded)

Here we debited the  amortization expense - copyrights as expenses is increasing and we credited the copyrights as assets is decreasing.

2. Amortization expense - Patents Dr, $11,250 ($54,000 ÷ 4) × 10 ÷ 12

          To Patents $11,250

(Being  amortization expense is recorded)

Here we debited the  amortization expense - patents as expenses is increasing and we credited the patents as assets is decreasing.

3. No Journal entry is required as IFRS good will is no longer granted to be amortized.

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nasty-shy [4]

Answer:

New technology and demand.

Explanation:

The California market is highly attracted to new promoters, industrialists, and entrepreneurs.  

California is a place for business where all types of industrialists, entrepreneurs provide value for new knowledge, new technologies, and new research, etc.

This place can be easily seen by individuals using their capital for new business, hence California is suitable and considered a good place for new industrialists and entrepreneurs.

3 0
3 years ago
Skidmore Music Company had the following transactions in March: Sold instruments to customers for $16,300; received $11,200 in c
stiks02 [169]

Answer:

1. a) Dr Account receivable  16300

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  b) Dr Cash    11200

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2. Dr Inventory   4300

       Cr Cash                      1600

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3. Dr Wages expense   610

      Cr  Cash                       610

4. Dr Cash   4200

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5. Dr utilities expense   270

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5 0
3 years ago
A type of national lawmaking body that is common throughout Europe is known as a __________.
NemiM [27]
The correct answer is letter (B) Parliament. A type of national lawmaking body that is common throughout Europe is known as a (B) Parliament. It was started in 1952 as Common Assembly of the European Coal and Steel Community. In 1962, it became as the European Parliament and had its first elections in 1979.
8 0
3 years ago
Read 2 more answers
The institution-based view driving alliances and acquisitions focuses on _____ concerns.
Georgia [21]

Answer: (A) Antitrust

Explanation:

Antitrust is one of the type of law that basically monitor the economical power distribution in terms of business.

It is basically refers to the competitive law which is developed by the united state government for protecting the consumers from the various types of business practices.

It mainly ensure that the fairness in the competition in the market. Antitrust concerns are mainly focus on the institutional acquisitions and the alliances.

Therefore, Option (A) is correct.

7 0
3 years ago
1. In your opinion, what do you think are the common thing that is found in all the elasticity
kari74 [83]

Answer:

Elasticity is an economic concept used to measure the change in the aggregate quantity demanded of a good or service in relation to price movements of that good or service. A product is considered to be elastic if the quantity demand of the product changes more than proportionally when its price increases or decreases

6 0
3 years ago
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