Answer:
Equipment, credit, $229,100
Explanation:
we record the entry when we purchase the equipment is
we debit the equipment, and credit the cash/accounts payable depending on whether we paid the cash or purchased the equipment on account.
We debit the equipment because equipment is our asset, and when asset goes up we debit them. We credit the cash because again cash is our asset and when asset goes down we credit them.
Now at the time of disposal, we want to remove the asset from our balance sheet. Equipment is disposed now. In other words, equipment is our asset, and disposing the equipment means asset goes down, and we show this effect by credit the equipment.
<h2>
Answer:</h2><h2>Option C: Brandfest</h2><h2>Brandfest is described as an event that a company hosts to than its loyal customers.</h2>
Explanation:
Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.
Entrepreneur: He is the person who sets up the business.
Crowdsourcing: Obtaining information from a large number of people.
Value proposition: This is an attractive way in marketing to impress and bring more business
Folksonomy: This is to segregate items online according to the category. This is done with the help of tagging an item.
Answer:
The present value of the future cash inflows from this investment is $19,740
Explanation:
Profitability Index is a useful tool for ranking project because we can know the amount/ value created by per unit of investment.
Profitability Index = Present value of future cash flow/ Initial Investment
↔ 0.329 = Present value of future cash inflow/ $60,000
↔ Present value of future cash inflow = 0.329 * $60,000 =$19,740
Answer:
The nature of business is a statement about a company's offering to its clients, its industry, legal structure, or any other distinctive qualities of the business. For example, if you say a company in the “private sector”, you evaluate the nature of the company based on its nature to earn profits.
Explanation:
Hope This Helps,
If The question is Correct May i have Brainliest
Thank You
The contract must be very detailed and should include all the contingencies spelled out in it.
<u>Explanation:</u>
Contract is a document that is made between two or more than two parties who have come in to an agreement with each other over a particular thing. The contract might be a business contract that the parties make which should have the proportion of profit and liabilities of the business that is to be shared among the partners.
Since the profit and losses are to be shared between the business partners on the basis of this contract, the contract should have very detailed information in it and all the contingencies should be spelled out in it.
