Answer:
<em>1. Washburn is not required to make any accounting adjustments.</em>
Explanation:
<em>The treatment which will be appropriate for the accounting will be that the </em><em>Washburn will not require to make any accounting.</em>
Because Washburn has already spent lots of money in purchasing the new technology, and we can see that the company is using a straight-line basis. In straight-line basis, it comes from a division of the cost of asset's difference and its value that is been expected.
So if the company has used straight-line basis then the company has already calculated the amount and the company will not require to make any accounting.
The trophy that is earned for transferring this money to your savings account is emergency fund.
<h3>What is emergency fund?</h3>
This is a term that is used to refer to the fact that a person has financial safety net somewhere.
That is they have money that they can refer to at anytime especially if they are in dire need of money due to a situation.
Read more on emergency funds here:brainly.com/question/13420184
Answer: True
Explanation:
The Market Area that a Centre will serve is directly related to its size. This is because the larger the size of a Centre, the more services it offers that will bring people from further to it.
Services range from low level to high level. High level services bring people from further away while low level services are mostly for people in the area.
A large centre will have more High level services offered and so will serve people from further as opposed to a small centre that will have more low level services which will serve people in it's vicinity.
Think about Neighbourhood stores vs large Shopping Complexes.
Answer:
A. Valuation
Explanation:
An auditor Tests an entity's policy of obtaining credit approval before before shipping goods to customers in support of management's financial statement assertion of
A. Valuation or allocation
The company must ensure that the customer has sufficient valuation so that the customer is able to pay back the credit to the company. This is what the auditor tests.
Answer:
assumes the risk for organizes
Explanation:
because in every business there is profit or loss if we don't take risk how we achieve our goal
