The accounts that will be used to record the disposal of the assets are Gain/loss on sale of asset and Sales Income
<h3>What is a
disposal account?</h3>
A disposal account calculates the gain or loss account that appears in the income statement.
The disposal account records the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.
Hence, the account that will be used to record the disposal of the assets is Gain/loss on sale of asset and Sales Income
Read more about assets disposal
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Answer: Either a or c for me Not 100 percent sure on this one sorry
Explanation:
Answer:
If bacon and eggs are complementary goods, a rise in the price of eggs will decrease the demand for bacon.
Answer - B
Explanation:
Complementary goods are those goods which are related and can be consumed together. For example, a phone charge complements a phone. A matchbox or lighter complements a cigarette. Complementary goods tend to have an inverse relationship. When the price of one good increases, the demand for the other decreases.
This can be explained in detail with the provided example.
When people consume bacon and eggs together, a rise in price of eggs means that they will demand less and purchase less of eggs. Without eggs, they may not want to purchase bacon either (assuming they do not want to consume it without eggs). Therefore, the demand for bacon will also decrease.
Hope this helps :)
Answer:
$2,000
Explanation:
Calculation for Pita Pit Interest amount
Borrowed Amount = $100,000
Interest Amount at December 31st 2021
= $100,000*12/100*2/12
= $2,000
Therefore Pita Pit should report interest expense at December 31, 2021, in the amount of:$2,000
<span>A benefit of this approach is that emission taxes would shift a part of revenue generation from consumption to production.</span>