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damaskus [11]
3 years ago
8

A copy machine cost when new and has accumulated depreciation of . Suppose discards this machine and receives nothing. What is t

he result of the disposal​ transaction?
Business
1 answer:
Anna [14]3 years ago
7 0

Answer:

$1,000 loss

Explanation:

The numbers are missing here, so I looked for a similar question:

A copy machine cost $5,000 when new and has accumulated depreciation of $4,000.

The carrying value of the copy machine = purchase cost - accumulated depreciation = $5,000 - $4,000 = $1,000

if the copy machine is discarded and doesn't get any money for it, this will result in a loss equal to the carrying value = $1,000

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The upper-right number on a check that helps you keep track of checks<br> written is called a(n).
Annette [7]

Answer:

The Check Number

Explanation:

The check number is the sequential numbering of the number of checks which the bank has issued to its customer, so that both the bank and the issuer can keep track of the checks. It is also helpful in recording of the checks in the books of accounts and in bank reconciliation to reconcile the bank balance as per the books of accounts with the balance as per the bank statement.

5 0
3 years ago
Most corporations measure the value of a project in terms of which of the following?
MrRissso [65]

Answer:

D) Present Value (PV)

Explanation:

To measure the value of a project, firms calculate the Net Present Value (NPV) of the project. In a net present value analysis a firm forecasts the future cash flows, discounts the cash flows using a discount factor and then net the discounted cash flows A project is usually undertaken if the the NPV of the project is positive and is not undertaken is the NPV is negative.

6 0
4 years ago
Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou
Mandarinka [93]

Answer:

The discount will not affect the net income as no gain is recognize nor expense.

the cash flow statemetn will decrease by 3,960 which is the cash used.

the balance sheet after the series of trasnactions, will show inventory for 3,960

Cash would have decrease by 3,960

No change on equity.

Explanation:

inventory 5,000 debit

  accounts payable 5,000 credit

account payable 1,000 debit

  inventory                   1,000 credit

Account payable 4,000 debit

     Inventory                     40 credit

     Cash                       3,960 credit

3 0
4 years ago
What are the advancements made in the automotive industry in 2020
Nata [24]

Answer:

Autonomous Vehicles (AV)

Connectivity

Electrification

Shared Mobility

Artificial Intelligence (AI)

Big Data & Data Analytics

Human-Machine Interface

Blockchain

Explanation:

6 0
3 years ago
Read 2 more answers
Hospice care is expensive because it _____. is labor-intensive requires high-technology equipment requires elaborate facilities
Andrews [41]
Hello There!

Hospice care is expensive because it is labor - intensive.

Hope This Helps You!
Good Luck :) 

- Hannah ❤
8 0
3 years ago
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