Answer:
Dr Investment in Spicer $123,000
Cr Equipment $123,000
Dr Equipment $24,600
Cr Depreciation expense $24,600
Explanation:
Preparation of the consolidation adjustment that must be made to the Equipment account when preparing consolidated statements for Preibus as of 12/31/2017
Dr Investment in Spicer $123,000
Cr Equipment $123,000
(1,600,000-1,723,000)
(To record the equipment at their fair value)
Dr Equipment $24,600
Cr Depreciation expense $24,600
($123,000/5 years)
(To record excess Depreciation charged on overvalued Equipment)
Answer:
false
Explanation:
because it means the action of buying and selling goods and services.
Answer: <em>Clan Culture</em>
Explanation:
A clan culture is generally referred to or known as a tribe-like or family-like kind of organization environment that tend to emphasize on the consensus and also on the commonality of values and goals. Clan cultures are often viewed as a collaborative and also one of the least competitive corporate culture models which often exist in an organization.
Answer:
The most suitable answer is B. Investors should take more risk when they are younger and then switch to safer investments as they age
Explanation:
Although we can never predict the risk 100%, we can always see the probability. Depending on this, a young investor should take risks and decrease the risk factor in their investments as they grow older.
Mainly this is because when they are young they have the ability to over their loses if they occur, over the time. Yet when they are older time is ot on their side, and their loses may other email covered and their loss burden may be transferred to their family members once the investor is gone.
A bull market is a long period of rising stock prices. Bull market is a part of financial market that is being invested for a long period of time and is expected to gain a higher rise in the price.
