1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Which one of the following statements about private goods is true? (WITH EXPLANATION PLEASE)
sergey [27]
C because some people can not afford to buy private goods which leads them to be excluding them from the products a firm makes
6 0
2 years ago
Why might long-term interest rates go down at the same time that the federal reserve pushes short-term rates up?
mart [117]
<span>Because the federal reserve would want to discourage quick investments or want people to save more money right now. Long term rates would go down because these are well thought out infrastructure projects that are good for the long run.</span>
3 0
2 years ago
Selecting a rental car from the government rates tab will result in a daily fee that provides you with unlimited mileage, liabil
Eva8 [605]
The U.S. Government Rental Car Program is an excellent example of a very effective working relationship between government and industry to provide quality vehicles at reasonable prices for federal travelers on official travel. U.S. Government Rental Car Agreement Number 4<span> governs the rental of vehicles (passenger cars, sports utility vehicles, station wagons, passenger vans, and small pick-up trucks) by military members, employees of the Federal Government, and employees of the United States Postal Service while in official travel status and when such rental is authorized by the Government.
</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
3 0
2 years ago
You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received tot
Alex Ar [27]

Answer:

$678

Explanation:

Given that,

Number of shares sold = 300

Selling price of each share = $42.06

Cost of purchasing shares = $39.80 per share

Total dividend received = $1,272

We can easily determine the total capital gain on this investment by comparing the sales value and purchase value of this stock.

Total capital gain on this investment:

= Sales value - Purchase value

= (Number of units × Selling price per unit) - (Number of units × cost of purchasing per share)

= (300 × $42.06) - (300 × $39.80)

= $12,618 - $11,940

= $678

3 0
3 years ago
John is responsible for security of his company's new e-commerce server. he wants to ensure that online transactions are secure.
-BARSIC- [3]

John is responsible for security of his company's new e-commerce server. he wants to ensure that online transactions are secure. He should use transport layer security.

    A widely used security technology called Transport Layer Security, or TLS, enables privacy and data security for communications over the Internet. Encrypting communication between web applications and servers, such as when web browsers load a website, is one of the main applications of Transport Layer Security.

  The Transport Layer Security protocol achieves its goals primarily through the use of encryption, authentication, and integrity.

Data transfer is protected from third parties by encryption.

Authentication is the process of confirming the identity of the persons sharing information.

Integrity: demonstrates that the data hasn't been altered or falsified.

To learn more about Transport Layer Security click here:

brainly.com/question/15021716

#SPJ4

5 0
1 year ago
Other questions:
  • Describe how you would use any five entrepreneurial qualities to make sure that your business is a success
    10·1 answer
  • When you want to start a business, what is the first step
    5·2 answers
  • In order for the hitch ball to be secured properly, what should be the last part assembled?
    6·1 answer
  • Define physics quantity​
    8·1 answer
  • Ed bought $2,000 in stock shares one week before the stock price dropped $10.00. If he had waited for the price setback, he coul
    8·1 answer
  • Bries Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,200. Budgeted cash receip
    7·1 answer
  • Why do lenders often require a down payment when credit is used to purchase a good?
    14·1 answer
  • One major reason countries trade with one another is to:
    11·2 answers
  • in some games, one player or firm moves first and commits to a strategy to which the rival player or firm will subsequently resp
    11·1 answer
  • Poka Yoke uses a number of devices to mistake-proof a process. Which of the following would NOT be included?A)Fixture templatesB
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!