Answer:
Calculation of Gain or Loss:
Book Value of Truck:
= 25,000 - 22,500
= $2,500
Gain on Exchange:
= 4,125 - 2,500 - 625
= $1,000
Therefore, the journal entry is as follows:
Accumulated Depreciation A/c Dr. $22,500
computer A/c Dr. $3,125
To Truck $25,000
To Cash $625
(To record the Truck)
Answer:
b. annuities due
Explanation:
Annuities due -
It refers to the amount which need to be paid at the regular interval of time , just before the beginning of the new phase , is referred to as annuities due .
The most common example of annuities due is rent , which need to be paid after every month in the starting .
Hence , from the given information of the question ,
The correct option is annuities due.
Answer:
disparate impact
Explanation:
Disparate impact refers to practices followed in employment, housing, and other areas that affect one group of people more than the another group, although rules applied by employers are neutral.
Disparate impact explains employment discrimination on the basis of the effect of an employment policy or practice.
In the given questions, the CEO's argument is an example of <u>disparate impact
.</u>
Answer:
The correct answer is option C. To summarize the main point of the paragraph
Explanation:
A topic sentence is the most important part of a paragraph. The main purpose of a topic sentence is to provide a concise statement that reflects the purpose of the paragraph or the information that is going to be provided in the paragraph effectively.
It is usually the first sentence of a paragraph and becomes the opening statement of a paragraph in formal writings.
I hope the answer is helpful.
Answer:
The land should be recorded in Clairemont Repair Service’s records at $380,000
Explanation:
According to the historical cost principle, the recording of the fixed assets should be recorded at the purchase price or cost price which is to be shown in the assets side under the balance sheet.
So, according to the question, on February 28, the repair service accepted the seller's counteroffer which means that the land was purchased on February 28 for $380,0000. So, by $380,000 amount, the land would be recorded.
Other costs which are mentioned in the question is ignored.
