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Serggg [28]
3 years ago
6

What was the one reason we study ethics is to see whether the moral beliefs we already hold are consistent and philosophically j

ustifiable?
Business
1 answer:
Diano4ka-milaya [45]3 years ago
4 0

Answer:

The statement is: True.

Explanation:

Ethics is the field of philosophy that studies human behavior, what is right and what is wrong, the good and bad, the moral, well being, virtue, happiness, and duty and how they affect the day by day activities of individuals according to the society they live in.

One of the reasons to study ethics is to verify if the beliefs we already hold can be justified.

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A machine cost $239,800, has annual depreciation expense of $47,960, and has accumulated depreciation of $119,900 on December 31
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Answer:

April 1, 2021

Dr Depreciation expense 11,990

Cr Accumulated depreciation 11,990

April 1, 2021

Dr Machinery, New $281,800

Dr Accumulated depreciation- Machinery 123,890

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Explanation:

Preparation of all entries that are necessary at April 1, 2021.

April 1, 2021

Dr Depreciation expense 11,990

Cr Accumulated depreciation 11,990

(47,960 * 3/12)

(Being To record depreciation)

April 1, 2021

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Dr Accumulated depreciation- Machinery (111,900+11,990) 123,890

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[185,480+$239,800-($281,800+123,890)]

Cr Cash 185,480

($281,800-$96,320)

Cr Machinery, Old $239,800

(Being To record the exchange of machinery)

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