Answer:
I believe the answer is reductions
Explanation:
The adjustments made to the account reduce the funds in the account but are made for specific purposes and used only for adjustments outside of any normal debits.
Answer: Equipment Cr. $208,831.00
Explanation:
The Asset was purchased at a cost of $208,831.00 and this was reflected in the Equipment account.
When disposing of the Equipment therefore, the Equipment account has to be credited by a total amount corresponding to the same amount which is $208,831.00 to ensure that the asset will be removed from the Equipment account as it is no longer in the company.
Answer:
It's true I think if I'm wrong do tell me.
The total projected misstatement of the firm is $92225 and it can be concluded that projected misstatement is more than the expected misstatement.
<h3>How to calculate the projected misstatement?</h3>
The total projected misstatement will be calculated thus:
= $3500 + ($15250/$910000 × 3000000) + (1550/70000 × 1750000
= $3500 + $50275 + $38750
= $92225
The projected misstatement is more than the expected misstatement. Therefore, there is an unacceptable risk that the true misstatement is more than the tolerable misstatement.
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brainly.com/question/25491204
Answer:
-True
Explanation:
The 5 paragraph essay helps detailing one supporting argument as it creates an structure as follows:
- 1 introductory paragraph
- 3 development and support paragraphs
- 1 conclusion paragraph