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kompoz [17]
4 years ago
12

What is the change due if a $50 bill is tendered for a charge of $9.76?

Business
2 answers:
Grace [21]4 years ago
4 0
The answer would be B.
tatuchka [14]4 years ago
3 0
If you're charged $9.76 and a $50 bill is tendered, the change due will be $40.24, making the answer B.
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Which of the following is considered to be an accrued expense?
scoundrel [369]

Answer:

B. a computer technician has installed the latest software updates, but you have not received an invoice or made payment

Explanation:

An accrued expense arises when a service has been rendered to an individual or organisation but to which the recipient of the service has not made payment for the service. The expense will be recognized in the period in which the service is rendered. In this scenario, the technician has rendered a service by installing software updates but the organisation has not made payment for the service provided. This represents an accrued expense.

8 0
4 years ago
After the financial crisis, consumers' incomes fell. How does it affect concert demand and its ticket price? A) Demand for conce
Marysya12 [62]

Answer:

B) Demand for concert decreases. As a result of the shift, ticket price decreases.

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A shift in demand that is as a result of other factors except for price results in a shift of demand. A reduction of price as a result of the financial crises will lead to a shift of demand to the left.

Demand for cinema tickets will reduce at all price level.

Referring to the attached diagram the demand shift will result in lower quantity demanded from Q to Q2.

Also there is a reduction of equillibrum price from P to P2.

8 0
3 years ago
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5 0
2 years ago
A copy machine cost $ 45 comma 000 when new and has accumulated depreciation of $ 44 comma 000. Suppose Print and Photo Center s
natita [175]

Answer:

The disposal resulted was at D. No gain or loss

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The gain or loss on disposal on a fixed asset is calculated by comparing the sales proceeds from disposing off the asset and the carrying value of the asset.

The carrying value of the asset is its net book value which is calculated as follows,

Carrying value = Cost - Accumulated depreciation

If the carrying value is equal to the sales proceeds from disposal, there is no gain or loss.

The carrying value of copy machine was = 45000  -  44000  =  $1000

The sales proceeds were also $1000

Thus, gain/loss on disposal = 1000 - 1000 = $0

Thus, there was no gain or loss on disposal.

6 0
4 years ago
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Answer:

Explanation:

At times, an SOE is created out of a government agency through a process called corporatization. This allows the agency to convert itself into a for-profit business. Often, the newly formed SOE still operates with government goals in mind, but officially it operates as a commercial enterprise.

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3 years ago
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