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Sidana [21]
3 years ago
6

In the last decade or so, there has been a dramatic expansion of small retail convenience stores (such as 7-Eleven, Kwik Shop, a

nd Circle K), although their prices are generally much higher than prices in large supermarkets. The success of these convenience stores can be partially explained by__________.
Business
1 answer:
Vladimir79 [104]3 years ago
3 0

Answer:

yes                                                                                                                                                                                                                  

Explanation:

        kjdfehyqt7uagfbjsnckmlojwuy8r3v thrbjdknmlko                          

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                      Journal entry For Depreciation

Date        Account and explanation            Debit    Credit

July 1 Depreciation expense                 $7,500

                (105000/7)*6/12

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                 (To record Depreciation)

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July 1        Cash                                                     $45,500

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                  (105000/7*4.5)

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                         Machine                                                            $105,000

                 (To record sale of Machine)

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