Answer:
Truck:
Cost = $20,000
Accumulated depreciation = $18,000
Small computer worth = $3,498
Paid in transaction = $530
The Journal entry is as follows:
Equipment/Computer A/c Dr. $3,498
Accumulated depreciation-Truck A/c Dr. $18,000
To Truck $20,000
To Gain on disposal of truck $968
To cash $530
(To record the exchange)
Answer:
$ 365,800
Explanation:
Revenues of 190,000
balance before closing is 302,000
190,000
+302,000 =
492,000
Expenses is 106,200
Dividends is 20,000
106,200
+ 20,000 =
126,200
then you subtract 126,2000 from 492,000 which will equal to $365,800
Answer:
The correct answer is option D.
Explanation:
Money can be defined as any asset that is generally accepted by people in exchange for goods and services. The basic function of money is to act as a medium of exchange.
It reduces the transaction cost in exchange for goods and services by eliminating the double coincidence of wants.
Money can be of different types such as commodity money, fiat money, etc.
Other functions of money are to act as a store of value and unit of account.
Billions of business can be affected
please can i have a brainliest
Answer:
Switching cost
Explanation:
Switching cost may be defined as the amount which is related to the consumer for the purpose of changing the supplier to the another one. So, the greater the cost of switching, the more will be hard or costly the switch will be.
Therefore according to the above explanation, the correct answer is Switching cost.
