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shutvik [7]
3 years ago
5

Ringler Corporation exchanges one plant asset for a similar plant asset and gives cash in the exchange. The exchange is not expe

cted to cause a material change in the future cash flows for either entity. If a gain on the disposal of the old asset is indicated, the gain will
Business
1 answer:
Thepotemich [5.8K]3 years ago
4 0

Answer:

Explanation:

In this scenario, If a gain on the disposal of the old asset is indicated, the gain will effectively reduce the amount to be recorded as the cost of the new asset. This is because the old asset was exchanged but Ringler Corporation still had to spend some money during the transaction to acquire the new asset, therefore any gain on the disposal of the old asset will ultimately recover some of those costs thus reducing the recorded cost.

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The Old World Café’s cash register receipts showed total sales of $884. The cash equaled $534, and the credit card slips equaled
Crazy boy [7]

Answer:the answer is $307

Explanation: some one didn't pay

8 0
3 years ago
If offered employment by Amazon, would you be legally eligible to begin employment immediately?
mr Goodwill [35]

Answer:

Explanation:

offered employment by Amazon, would you be legally eligible to begin employment immediately?

Legally eligible for employment could be explained as having the right to take up a job in a particular country, which means one should posses a work permit or visa which will allow one to work for an employer in US since AMAZON is in US.

.it should be noted that The applicant is considered eligible, if the applicant is available bin US when submitting it as a citizen or with work permit

Therefore, I'm eligible to begin work immediately, if I'm offered employment by Amazon, if I meet the above criteria, and we know Amazon is in US.

5 0
3 years ago
if a bank reconciliation included a deposit in transit of $765, the company's journal entry for this reconciling item would incl
Olin [163]

If a bank reconciliation included a deposit in transit of $765 the company's journal entry for this reconciling item would contain nothing because the deposit has already been tracked and recorded. The complete question can be seen in attachment.

Bank reconciliation can be described as the process of comparing data on cash books with the corresponding data on the bank statements. It is a important process for the CFO's office and ensures the accuracy of accounting records. Reconciliation also says the process of matching transactions that have been recorded internally against monthly statements from external sources such as banks to see if there are differences in the records and to correct any discrepancies.

Learn more about Bank reconciliation at brainly.com/question/15525383

#SPJ4

7 0
1 year ago
A project requires an initial investment of $10 million today. If the cost of capital exceeds the project IRR, then the project
xz_007 [3.2K]

Answer:

Negative NPV.

Explanation:

present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.

Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.

3 0
3 years ago
Why is the uninoculated control sector relatively unnecessary in this test dnase?
Len [333]
<span>there is typically enough medium that is not cleared to show "no reaction"</span>
7 0
3 years ago
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