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Elden [556K]
3 years ago
10

Alpha Communication purchased equipment on January 1, 2016, for $18,000. Suppose Alpha Communication sold the equipment for $13,

000 on December 31, 2017. Accumulated Depreciation as of December 31 2017, was $8,000. Journalize the sale of the equipment, assuming straight-line depreciation was used. First, calculate any gain or loss on the disposal of the equipment. Market value of assets received _____ Less: Book value of asset disposed of Cost _____ Less: Accumulated Depreciation ____ ____ Gain or (Loss) ______ Now, journalize the sale of the equipment. (Record debits first, then credits. Select the explanation on the last line of the journal entry table. Check your spelling carefully and do not abbreviate.)
Business
1 answer:
Blababa [14]3 years ago
4 0

Answer:

Gain:

= Market value of assets received - (Book value of assets disposed off cost - accumulated depreciation)

= $13,000 - ($18,000 - $8,000)

= $13,000 - $10,000

= $3,000

Therefore, the journal entry is as follows:

Cash A/c                                      Dr. $13000

Accumulated depreciation A/c  Dr. $8,000

To equipment                                                 $18000

To gain on sales                                             $3000.

(To record the sale of the equipment)

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Si una empresa quiere saber porqué han decrecido sus ventas ¿Qué tipo de investigación realizaría cuantitativa o cualitativa? ¿P
natka813 [3]

Answer:

Cualitativa

Dado que están interesados en las razones (las cuales no son una variable numérica), la recopilación de información y la investigación será de tipo cualitativa para poder conocer las razones o motivos por los que la gente ha dejado de comprar.

Explanation:

En investigación hay dos tipos principales de métodos:

  1. La investigación cuantitativa, que se basa en la recolección de datos y variables numéricas y la relación que existe entre ellas.
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En este ejemplo la empresa quiere saber por qué han decrecido sus ventas, dado que están interesados en las razones (las cuales no son una variable numérica), la recopilación de información y la investigación será de tipo cualitativa para poder conocer las razones o motivos por los que la gente ha dejado de comprar.

4 0
3 years ago
On july 1, shady creek resort borrowed $280,000 cash by signing a 10-year, 9.5% installment note requiring equal payments each j
Diano4ka-milaya [45]

Answer:

$26,600

Explanation:

the total amount of interest expense included in the first annual principal (or any annual payment actually) = principal's balance x yearly interest rate

$280,000 x 9.5% = $26,600

the principal's balance after the first payment = $280,000 - $26,600 = $253,400

the interest expense included in the second payment = $253,400 x 9.5% = $24,073

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3 years ago
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3 0
2 years ago
The LaGrange Corporation had the following budgeted sales for the first half of the current year:
Oxana [17]

Answer:

$168,250

Explanation:

Total Cash Collection would include cash collected from both Cash Sales and Credit Sales.

<u>Summary for Calculation of January Cash Collected</u>

Cash Sales                                                        $60,000

Credit Sales :

For January Sales ($160,000 × 45%)              $72,000

For December Sales ($55,000 × 55%)           $30,250

For November Sales ($30,000 × 20%)             $6,000

Total Collection                                               $168,250

Conclusion :

The total cash collected during January by LaGrange Corporation would be $168,250

3 0
3 years ago
The monthly amounts spent for food by families of four receiving food stamps approximates a symmetrical, normal distribution. Th
otez555 [7]

Answer:

The correct answer is D

Explanation:

Empirical rule is the rule in statistics, which defined as that for the normal distribution, that is as:

68% of the data fall under one standard deviation of mean.

Data which is 95% lie under the two standard deviations of the mean.

Data (All) which is 99.7%  lie under the three standard deviations of the mean.

So, in this case, the sample mean fall under second category, which is as:

= Sample mean ± 2 (Standard deviation)

= $150 ± 2($20)

= $150 ± $40

= $150 + $40 and $150 - $40

= $190 and $110

3 0
2 years ago
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