1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ganezh [65]
3 years ago
14

gain or loss on the disposal of assets is determined by comparing the disposed asset's book value to the value of any assets rec

eived true or faslse
Business
1 answer:
frosja888 [35]3 years ago
6 0

Answer:

The statement is: True.

Explanation:

The disposal of assets implies removing assets from a company's accounting books. By doing so, the company must record the gain or loss over the asset when the disposal happens. That is determined by comparing the book value of the disposed asset with the market value of the acquired assets -if any.

You might be interested in
What is a promotional strategy?
Citrus2011 [14]

Answer:

Promotional strategy is designed to inform, persuade, or remind target audiences about those products.

Explanation:

6 0
3 years ago
Read 2 more answers
A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income f
lbvjy [14]

Answer:

Net income for the current period is $2,350.

Explanation:

Calculation of Net Income for the Current Period.

                                                                    $               $

Fees earned                                                             7,250

Less Expenses :

Rent expense                                           1,300

Salaries expense                                     2,300

Utilities expense                                         345

Insurance expense                                    650

Supplies expense                                        115

Depreciation expense—equipment          190   (4,900)

Net Income / (Loss)                                              2,350

3 0
3 years ago
Companies often use several methods to evaluate the project's cash flows and each of them has its benefits and disadvantages. Pl
lukranit [14]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
Jory wants to create a diagram to compare and contrast the qualifications of the three Energy pathways. Which qualifications cou
Sedbober [7]

Answer:

answer is the first one

Explanation:

I think

6 0
2 years ago
George is going shopping for a new car to replace his old one. Which of these costs would be
uranmaximum [27]

The cost that would relevant in the choice of a new car is the the cost to operate the new vehicles.

<h3>What cost would be relevant?</h3>

The cost that would be relevant in the choice of a new car is the cost that is dependent on the type of car chosen. The cost to operate the new car would depend on the type of car chosen. If George buys a more fuel efficient car, the cost of running the car would be cheaper.

To learn more about cost, please check: brainly.com/question/27127934

4 0
2 years ago
Other questions:
  • During lewin's refreezing stage, managers should __________.
    5·1 answer
  • Typically, most network television advertising time is sold as
    9·1 answer
  • What is a stock market
    5·2 answers
  • A firm leases equipment under a long-term finance lease (analogous to an installment purchase) that calls for 12 semiannual paym
    5·1 answer
  • When you are shopping for a loan, the __________ is the important rate to compare.
    13·1 answer
  • Conciseness and clarity are what count in business.
    9·1 answer
  • Forten Company's current year income statement, comparative balance sheets, and additional information follow. For the year, (1)
    14·1 answer
  • A group of friends goes out to lunch and decides to split the bill. Their bill is $32. 50, plus they want to leave a 20% tip. Th
    11·1 answer
  • The board of directors is charged with protecting the rights of
    9·1 answer
  • Wendy claims that the right mix of hamburgers and other goods is being produced, but that they are not being produced in the lea
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!