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
Stells [14]
3 years ago
8

Assume that a lessor applies the five criteria to a lease involving equipment and determines that a lease should be classified a

s a sales-type lease. The entry the lessor will record at the beginning of the lease will include a _______.
Multiple Choice:
O Credit to Right-of-use asset for the carrying amount of the equipment.
O Credit to Right-of-use asset for the present value of the lease payments.
O Debit to Lease receivable for the present value of the lease payments.
O Debit to Lease receivable for the sum of the cash payments over the term of the lease.
Business
1 answer:
Vaselesa [24]3 years ago
4 0

Answer:

Debit to Lease receivable for the sum of the cash payments over the term of the lease.

Explanation:

Lease payments are classified as an asset receivable to the lessor in the future. Hence we debit lease receivable.

You might be interested in
Kathy is working her way through college. she has a job at burger fast where she makes an annual salary of $12,500. what is her
Liula [17]
520.83 cents take the amount divide it by 12 then 2.
7 0
3 years ago
The price of coffe beans use to make coffee has decreased. At the same time, the price of cream (a compliment good) has increase
Sonbull [250]

Answer:

The correct answer is:

Equilibrium price will decrease; the effect on quantity is ambiguous. (D)

Explanation:

First, note that if the price of coffee beans, used in the manufacture of coffee decreases, the price of coffee sold to consumers will decrease, because it takes a lesser amount in manufacturing than it used to, therefore this reduction in manufacturing costs is reflected in the selling price.

Next, it is hard to tell whether this reduction in equilibrium price will affect quantity demanded, because, at the same time, the price of cream ( a complementary good) increases, and since both goods are complementary, they are bought together, and the effect of the reduction in the price of coffee might not necessarily caused an increase in the quantity demanded because this effect is cancelled out by the increase in the price of cream, hence the effect on quantity is ambiguous.

7 0
3 years ago
All of the following are examples of retailers EXCEPT?
fiasKO [112]

Answer:

your answer is c.

Explanation:

it says they all sell their own products except c, which says they sell consmetics, not retailing their own

6 0
2 years ago
Read 2 more answers
when perfectly competitive firm X sells three units of product Z, its marginal revenue is $4.67. when it sells one hundred units
Ghella [55]

Answer:

B) $4.67

Explanation:

By definition marginal revenue is the revenue generated by the sale of one more unit of product Z.

Marginal revenue = unit price

Since firm X participates in a perfectly competitive market, it is a price taker, and since the marginal revenue is constant, we can assume that this is the equilibrium price of product Z.  

3 0
3 years ago
Suppose you had information on the sales of similar homes just east and just west of the boundary between two school districts.
liraira [26]

Answer:

I would us the data by

Explanation:dividing the difference in the prices of similar homes between districts by the difference in test scores between districts

7 0
3 years ago
Other questions:
  • One of the main responsibilities employers have under OSHA is to:
    8·1 answer
  • Which philosopher was a proponent of the phrase "honesty is the best policy"?
    8·1 answer
  • Michael keeps looking for his keys on the kitchen table, where he usually leaves them. eventually, he checks in his pocket and f
    10·1 answer
  • Mr. and Mrs. Yeager want to buy a home valued at $320,000. If they have 15% of this amount saved for a down payment, how much ha
    9·2 answers
  • In denim fabric what do you call the yarn that runs vertically
    7·2 answers
  • weighted average method in its process costing system. Units % complete for Conversion Beginning work in process inventory 5,000
    13·1 answer
  • Buyers should consider and regard a supplier as a:
    15·1 answer
  • At August 31, 2022, Carla Vista Company has this bank information: cash balance per bank $10,690; outstanding checks $840; depos
    15·1 answer
  • Which statement identifies a reason a federal minimum wage was first established?
    10·1 answer
  • One significant contemporary management challenge is:_________
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!