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Sholpan [36]
3 years ago
10

When solar panels became popular in the market, Dabbanth, a company that manufactures and sells kitchenware, developed container

s fitted with solar panels to keep the food in the containers heated for longer. Following this innovation, Dabbanth became a leading brand name. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.
Business
1 answer:
PtichkaEL [24]3 years ago
6 0

Answer: Technological component.

Explanation:

In the question, Solar panels are widely accepted by the consumers in the market, therefore it is an important technological component, that influences buyers behavior.

Dabbanth company is aware of the wide customers acceptance of the solar panels, therefore they incorporate it into most of the kitchenwares they produce to draw buyers attention to their product.

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Annual depreciation rates are (a) buildings (4%) (b) equipment (10%). Salvage value is estimated to be 10% of cost.
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Answer:

depreciation expense 5,800   debit

      acc dep - building              4,320  credit

      acc dep - equipment          1,480  credit

<u>Missing information</u>

GRECO RESORT TRIAL BALANCE AUGUST 31, 2014

Buildings 120,000 Equipment 16,000

Explanation:

First, calcualte the depreciable amount:

cost less salvage value:

120,000 - 10% = 120,000 * (1 - 0.1) = 108,000

Now we multiply this by the depreciation rate which represent 1/useful life

108,000 x 4% = 108,000 x 0.04 = 4,320

We do the same with the equipment

16,000* (1 - 0.1) = 14,800 amount subject to depreciation

14,800 * 10% = 14,800 x 0.1 = 1,480

he adjusting entry will debit the depreciation expense and increase the accumulated depreciation of eahc asset

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