Answer:
journal entry are given below
carrying value = $4000 and cash received is $2000
Explanation:
given data
delivery van cost = $20,000
accumulated depreciation = $16,000
Annual depreciation = $2,000
solution
journal entry are
date title debit credit
December 29, 2019 Cash $2000
Accumulated depreciation $16000
Delivery van $20000
note that
here carrying value is = $20000 - $16000
carrying value = $4000
and cash received is $2000
Answer:
1.Immediate Family:
Spouse
Dependent Child
Dependent Parent
Spouse Equivalent
2.Close Relatives:
Sister
Brother
Father
Mother
Grand Father
Independent Child
3.Other Relatives and Friends:
Niece
Nephew
Cousin
Golf Partner
College Friend
Roommate
Explanation:
AICPA code of professional conduct are standards that are followed by CPA professionals. It is important and necessary for CPA professionals to understand the rules and standard of professional guidance and abide by them. There are two major sections of Code of Professional Conduct:
1. Rules
2. Standards
Rules are enforceable and required to be followed. Standards are the guidance which helps to make decision in certain situations.
Answer:
350,000 net income
+69,700 depreciation
+13,300 loss on disposal
433,000 adjusted income
no change in working capital
cash generated from operating activities 433,000
Explanation:
We need to remove from the net incoem the non-monetary terms
The depreication is an accounting concept, it doesn't involve cash disbursements, so it is added.
Also the los son disposal doesn't involve using cash so is also removed.
Rule:
to remove a non-monetary expense we should add it.
to remove a non-monetary gain we should decrease it.
According to a forbes magazine study, the annual cost of cybercrime in the united states alone has reached about $100 million.
<h3>What is a
cybercrime?</h3>
This refers to the use of computers or other electronic devices via information systems such as organizational networks or the Internet to facilitate illegal behaviors.
In 2021, the forbes magazine study shows that the annual cost of cybercrime in the united states alone has reached about $100 million.
Read more about cybercrime
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Answer: six sigma; eliminate waste.
Explanation:
Here's the remainder of the question:
This scenario is an example of [budget review, Six Sigma, Total quality managment], a principle that is most likely being implemented to[eliminate waste,foster teamwork,exceed customer expectations].
The scenario discussed in the question is an example of six sigma. Six Sigma refers to a data driven method that is used in detecting defects and eliminating wastes. It helps organizations improve their business processes capability which is vital in the improvement of performance and the reduction in defects.
Six sigma also beings about improvement in the morales of the workers, and the improvement in profits.
