Answer and Explanation:
The journal entry to record the impairment is as follows:
Loss on impairment of equipment $223,000 ($583,000 - $360,000)
To Accumulated depreciation- Equipment $223,000
(Being the impairment is recorded)
Here the loss would be debited as it increased the losses and accumulated depreciation is credited as it decreased the assets
Answer:
b. performance.
Explanation:
Discharge of contract by performance is when the both the parties agreeing to a contract performs their respective promises.
Discharge of contract by performance is a normal and natural mode of completing a contract.
Once the performance i.e the agreeing statements are proper and complete by the both the parties, they are free from the further liabilities.
When you are making college visits, it is possible to see scholars, attend a practice class, experience their thoughts, feelings, and how easy or hard the work might be to you.
I hope this helped you
Answer:
The establishment of social welfare programs.
Explanation:
This is the answer for Ap3x.
Answer:
c.
Explanation:
A cash flow statement is a financial report that a company creates and completely details where the company's is receiving money from as well as how that money is being spent throughout a certain time period. Based on the answers provided, it can be said that all of them are part of a cash flow statement except for Contributed Capital. This is a the total value of the stocks that shareholders purchased from the company. Even though this is a money input for the company it does not get included in the cash flow statement.
