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leva [86]
3 years ago
6

On December 31, Strike Company has decided to discard one of its batting cages. The initial cost of the equipment was $208,831.0

0 with an accumulated depreciation of $187,947.90. Depreciation has been taken up to the end of the year. The following will be included in the entry to record the disposal. Select the correct answer. Accumulated Depreciation Dr. $208,831.00 Equipment Cr. $208,831.00 Gain on Disposal of Asset Cr. $20,883.10 Loss on Disposal of Asset Dr. $187,947.90
Business
1 answer:
borishaifa [10]3 years ago
5 0

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.

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Gre4nikov [31]
A is possibly the answer
4 0
3 years ago
The purpose of _______ is to build selective demand.
lys-0071 [83]

Persuasive advertising serve as kind of advertising that build selective demand.

  • Persuasive advertising can be regarded as a form of product promotion which convince the potential customer in a persuasive manner to purchase a specific product.

  • It is a kind of advertising that bring about Selective demand whereby demand for a specific brand is been set as a result of the advert to the potential customer.

Therefore, Persuasive advertising is the correct term.

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brainly.com/question/13069625?referrer=searchResults

7 0
3 years ago
Aztec Company reports current E&P of $200,000 in year 1 and accumulated E&P at the beginning of the year of negative $10
jonny [76]

Answer:

$200,000

Explanation:

In the given case, The distribution which is treated as a dividend is equal to the current E&P i.e $200,000 because the distributions are paid first by current E&P and when it is consumed then the balance of accumulated E&P got reduced.

So, it also consider the current E&P as a dividend

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Coopera
BigorU [14]

Answer:

D. Mangrove forests tend to increase the commercial fish populations in coastal fishing grounds

Explanation:

From the scenario, we can see that

''Loss of the Gocha mangrove forests has caused coastal erosion, reducing fish populations and requiring the Gocha Fishing Cooperative (GFC) to partially fund dredging and new shore facilities.''

From the above extract of the scenario it is clear that loss of mangrove forests reduces fish population. If the foregoing is true, then reduction in fish population implies reduction in the revenue of the Gocha Fishing Cooperative. Secondly the loss of mangrove forests has not only led to loss of revenue due to less fish but also increase in cost by having to fund dredging

Therefore, based on the fact that loss of mangrove leads to loss of fish and by extension revenue, planting more trees will lead to more fish and more revenue, apart from the fact that the cost of dredging will not have to be incurred leading to greater revenue.

3 0
3 years ago
S&L Computer services has separate divisions to focus on the needs of individual consumers, small businesses, and large busi
prisoha [69]

Answer:

Letter c is correct. <u>Customer.</u>

Explanation:

Departmentalization by customer is a type<u> of grouping that divides organizational activities so that they are effective in meeting and directing organizational strategies to a type of audience that has similar characteristics</u>, such as age, gender, preferences, and income. Each unit has customized characteristics and sales method so that the customer group has a positive perception about the organization and its requirements and needs are properly met.

3 0
3 years ago
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