Answer:
Explanation:
$100,000 debit to the Equipment asset account because you are recording the actual original cost of the equipment (as is required by the Cost Principle of Depreciation). You should also credit the Accumulated Depreciation: Equipment account for $75,000 to show that the equipment has already depreciated for this amount.
A person should be <span>familiar for reading the balance sheet of a restaurant easily when he or she knows the accounting terms or vocabulary. These terms are usually used by accountants and the like which most likely handles these kind of papers. Hope this answers the question.</span>
Answer:
B.Raw goods
Explanation:
Natural resources are useful materials extracted from the earth for use in the production of other goods. The extracted materials are refined into final products or used as raw materials to make other goods. For example, gold and oil are extracted and refined into marketable products. Water and wood are raw materials used in producing paper.
Natural resources come from nature. They are extracted raw and processed into other products or used as raw materials to produce other goods.
Answer:
Financial institution that maintains some Treasury bind holdings sells treasury bong futures contracts. If the interest rates increase, the market value of the bond holdings will decrease and the position in futures contracts will result in a gain.
When ever interest rates in market goes up, the current value of the bonds decrease and in this case the financial institution can book a gain by selling bond treasury futures.
Hope this Helps.
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The dolls are effigies that represents any person that is in any way connected to the Stamp Act. These people may be tax collector or an appointed stamp distributor or members of the royal family. This action is to show their disapproval on imposition of tax on daily papers like newspapers,documents and others alike.