Answer:
Please see the answer below:
Explanation:
Debit: Depreciation Expense $2,750
Credit: Accumulated Depreciation $2,750
To record adjusting entry for Depreciation Expense of Equipment.
- For T-accounts the entries will made as above, <em>Depreciation T-Account</em> will be Debited with $2750 and <em>Accumulated Depreciation T-Account</em> will be credited with $2750.
Balance Sheet as of December 31
<em>Fixed Assets:</em> $ $
Equipment 22,000
Less: Accumulated Depreciation (2,750)
Net Cost of Equipment as of Dec 31 19,250
Answer:
Ideal Expectations.
Explanation:
Ideal expectations are something where the desired expectations are equal to the perfect plan that is expected out from the real result with zero modifications. Holly here dreams of a perfect imaginative wedding which she finds to be perfect in every sense. Thus, this type of expectation is termed as ideal expectation.
Answer:
The correct option is B
Explanation:
Expansionary fiscal policy is the kind of the policy of fiscal which involves increasing the government expenditures, decreasing the taxes or both so that could fight the recessionary pressures.
So, the example, of the policy could be that extend the period in which the workers who are unemployed could collect the benefits of the unemployment.
Answer:
Correct ending balance_______ 7835
Explanation:
Cash 7824
Books
Cash receipts pending on bank__-3218
Checks written_______________1305
Banks
Bank service fee______________-23
Interest earned________________34
Bank conciliation___________--5922
Bank account_______________5922
Balance cash_______________ 7824
Adjust Bank service fee_________-23
Adjust Interest earned___________34
Correct ending balance_______ 7835
Answer:
D) They had a unilateral, express agreement.
Explanation:
In a unilateral contract, the offeror makes an express promise without a reciprocal agreement from another party. The offeror's express promise of payment requires that the other party performs.
In this case, professor Debby made an express promise to pay $50 to anyone that mowed her yard, and Max performed the yard mowing, therefore he is entitled to payment.