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TEA [102]
3 years ago
14

Consumed to fuel day to day expenditure

Business
1 answer:
olga55 [171]3 years ago
5 0

Energy Expenditure can be expressed as a gross or net term. The total amount of energy expended for a specific activity including the resting energy expenditure. Gross energy expenditure is typically used for between person comparisons. Hope it helps

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the financial system consists of financial _____, such as commercial banks, and financial markets, such as the stock market.
vazorg [7]

The financial system consists of financial intermediaries, such as commercial banks, and financial markets, such as the stock market. This is further explained below.

<h3>What are financial intermediaries?</h3>

Generally, financial intermediaries are simply defined as Banks, building societies, and unit-trust companies are all examples of financial intermediaries.

In conclusion, Institutions like commercial banks and marketplaces for trading financial instruments like stocks and bonds make up the financial system.

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5 0
2 years ago
Students who choose to attend a technical school will likely go to work in
Nana76 [90]

Most time, the students who choose to attend a technical school will likely go to work in the trade.

<h3>What is a technical school?</h3>

This refers to the schools are also known as technical colleges or institutes and offer an education that prepares students for a specific trade or career.

Most time, its issues a certification after studying a course that teaches certain education courses based on an occupational skill.

Among the options, the students who choose to attend a technical school will likely go to work in the trade.

Therefore, the Option A is correct.

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5 0
1 year ago
Raymond Autobody Shop has the following accounts
Rashid [163]

Answer and Explanation:

The creation of the chart of the account by applying the standard numbering system is presented below:

For the assets it would be started by 100

For the liabilities it would be started by 200

For the owner equity it would be started by 300

For the revenue it would be started by 400

And, for the expenses it would be started by 500

Now the creation is as follows

                                                        <u>Balance sheet </u>

<u>Assets                                       Liabilities                    Stockholder equity</u>

100  Cash                              200 Account payable    300 R. capital

110 Automotive supplied     210 unearned revenue  300 R. withdrawal

120 equipment

                                                     <u>    Income statement</u>

                                           <u> Revenue                               Expenses </u>

<u> </u>                                         400 service revenue       500 utilities expense

                                                                                   510 advertising expense

<u></u>

5 0
3 years ago
Abbott Landscaping purchased a tractor at a cost of $32,000 and sold it three years later for $16,000. Abbott recorded depreciat
nadezda [96]

Answer:

Record the sale    

Dr Cash    $16,000  Debit  

Dr Accumulated Depr   $18,000  Debit  

Cr Equipment    $32,000  Credit  

Cr Gain    $2,000  Credit  

DEBIT (Cash + Acc Dep)   $34.000  Debit  

CREDIT (Equip.+Gain)   $34.000  Credit

Explanation:

Equipment    $32.000  Debit  

Equipment Value for Depreciation   $30.000  Because $2,000 is the residual value that does not compute for depreciation  

Accumulated Depr   $18.000  Credit  

The accumulated Depreciation is calculated by dividing the equipment value of $30,000 by 5 years of service life.    

As the equipment only was used 3 years, the accumulated depreciation only reflect $6,000*3 = $18,000    

Record the sale    

Dr Cash    $16.000  Debit  

Dr Accumulated Depr   $18.000  Debit  

Cr Equipment    $32.000  Credit  

Cr Gain    $2.000  Credit  

   

DEBIT (Cash + Acc Dep)   $34.000  Debit  

CREDIT (Equip.+Gain)   $34.000  Credit  

As the residual value of the equipment it's $14,000 ( $32,000 - $18,000) and the sale was by $16,000, it means a gain of $2,000    

3 0
3 years ago
The following data are extracted from the stockholders' equity section of the balance sheet of Guthrie Corporation: 12/31/19 12/
Inessa [10]

Answer:

$14,800

Explanation:

We will get the Net Income by preparing Trial-account of Retained earnings.

                        Retained earnings

Cash dividend     $7,500       Beginning balance  $50,000

Stock dividend    $5,000       Net Income              $14,800 (Balance figure)

Ending balance   <u>$52,300</u>                                       <u>              </u>

Total                     <u>$64,800</u>                                       <u>$64,800</u>

7 0
2 years ago
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