Answer:
Loss on disposal $1,800
Explanation:
Cost of Asset 26,000
Useful life 5years
Sale proceeds 19,000
Depreciation for the year=$26,000/5=$5,200
Written Down value(WDV)=$26,000-$5,200=$20,800
Loss on Disposal= Sale proceeds- WDV=$19,000-$20,800=$1,800
It is assumed that depreciation is fully charged for the year on asset.
Answer:
a. Cash 7,000 Accounts Receivable 7,000
Explanation:
As for the information provided, the payment is received for a sales made in last month, and thus entry at the time of sales shall be:
Accounts Receivables A/c Dr. $7,000
To Sales $7,000
Therefore, when the amount is collected today it will increase cash by debiting cash for the same amount.
Further, balance of accounts receivables will be decreased by crediting such account.
Therefore, correct option is
a. Cash 7,000 Accounts Receivable 7,000
Best practice Performance Based Logistics contracts often use some combination of "carrots and sticks" strategies that are tightly aligned, promoting behaviors and outcomes that benefit both customer and supplier -- -True
What are performance based logistics contracts?
Performance-Based Logistics (PBL) contracts provide services or sup- port where the provider is held to customer-oriented performance requirements. These contracts are not necessarily designed to save money, but rather to maintain or improve current system or platform performance in a cost constrained world.
How long are PBL contracts?
3 to 5 years
Effective PBL contracts are typically multi-year contracts (i.e., 3 to 5 years with additional option or award term years), with high confidence level for exercising options/award term years.
What is a product support arrangement?
The term “product support arrangement” means a contract, task order, or any type of other contractual arrangement, or any type of agreement or non-contractual arrangement within the Federal Government, for the performance of sustain ment or logistics support required for major weapon systems, subsystems, or components ...
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Answer:
Fire
Explanation:
Class A fires are defined as ordinary combustibles. These types are fires use commonly flammable material as their fuel source. Wood, fabric, paper, trash ,and plastics are common sources of Class A fires. ... Trash fires are one such example.
Answer:
$4760
Explanation:
700 units at 6.80 value/unit
700 x 6.80
= 4760
