Answer:
1) Tax Payable
2) Property Plant and Equipment Asset
3) Motor Vehicle Asset
4) Property Plant and Equipment Asset
5) Advertising and Promotion Expense
6) Property Plant and Equipment Asset
7) Insurance Prepaid Asset
8) Motor Vehicle Asset
The Historical Cost of Plant Asset consists of Actual Purchase price and all Incidental Cost required to bring the asset to the point of use .
Explanation:
1) Already Accrued
2) The insurance is required to bring in the machinery
3) Sales taxes on Fixed assets are capitalised
4) The improvement is necessary in material
5) Advertising Expense not necessary for the functioning of the delivery truck
6) Fixed Asset Purchase
7) Insurance Prepayment not necessary for the functioning of the delivery truck
8) The expense is necessary for the functioning of the delivery truck
Answer:
$82,400
Explanation:
Cost of goods sold = beginning merchandise inventory + purchases - ending merchandise inventory.
$69,200 = $15,600 + purchases - $28,800
Purchases = $82,400
The set of assumptions underlying his behavior would lead to
a diagnosis of non purging type of bulimia nervosa. A purging type falls under
the subtypes of bulimia nervosa in which the guy who is suspected of having a
non purging type is having to compensate with binge eating and in the same
time, the person compensates dieting with exercising excessively.
Answer:
Midpoint value of price elasticity of demand = -2.07
Explanation:
We know,
Midpoint value of price elasticity = ![\frac{(Q_{2} - Q_{1})/[(Q_{2} + Q_{1})/2] }{(P_{2} - P_{1})/[(P_{2} + P_{1})/2] }](https://tex.z-dn.net/?f=%5Cfrac%7B%28Q_%7B2%7D%20-%20Q_%7B1%7D%29%2F%5B%28Q_%7B2%7D%20%2B%20Q_%7B1%7D%29%2F2%5D%20%7D%7B%28P_%7B2%7D%20-%20P_%7B1%7D%29%2F%5B%28P_%7B2%7D%20%2B%20P_%7B1%7D%29%2F2%5D%20%7D)
Given,
Original Price, 
= $15
New Price, 
= $12
Original Quantity demanded, 
= 1,000 units
New Quantity demanded, 
= 1,600 units
Putting the value in the above midpoint formula, we can get
Midpoint value of price elasticity = ![\frac{(1,600 - 1,000)/[(1,600 + 1,000)/2]}{(12-15)/[(12+15)/2]}](https://tex.z-dn.net/?f=%5Cfrac%7B%281%2C600%20-%201%2C000%29%2F%5B%281%2C600%20%2B%201%2C000%29%2F2%5D%7D%7B%2812-15%29%2F%5B%2812%2B15%29%2F2%5D%7D)
Midpoint value of price elasticity = 
Midpoint value of price elasticity = 
Midpoint value of price elasticity of demand = -2.07
Answer:
$5,000
Explanation:
The depreciation by Green Company in respect of truck for the first year of operations shall be calculated using the following mentioned formula;
Depreciation for the year= (Cost of asset-Residual value)/useful life
Cost of asset=$30,000
Residual value=$5,000
useful life=5
Depreciation for the year=($30,000-$5,000)/5=$5,000
