Answer: d) "The advantage of radioactive iodine is that I will not need future medication for my disease."
Explanation:
The treatment of Graves disease using radioactive iodine is meant to destroy the thyroid gland so that the person will see a reduced function from it.
This means that after the treatment is used, a lot of patients will need a thyroid replacement and will have to keep receiving treatments to maintain.
Essentially the radioactive iodine is not the last medication that will be taken for Graves disease.
Answer:
a. Dr Inventory $10,000
Cr Accounts payable $10,000
b. Dr Accounts payable $10,000
Cr Cash $9,800
Cr Inventory $200
Explanation:
Preparation of the Journal entries Under a perpetual inventory system,
a. Dr Inventory $10,000
Cr Accounts payable $10,000
( To record purchase of merchandise)
b. Dr Accounts payable $10,000
Cr Cash $9,800
($10,000-$200)
Cr Inventory $200
(2%*$10,000)
( To record payment for merchandise)
Discount amount = Amount due x Discount percentage
Discount amount= 10,000 x 2/10
Discount amount= $200
Answer:
d. a deductive argument
Explanation:
Deductive argument is one that is conveyed as the arguer to be seductively valid, and conclusions bare drawn from this argument.
So the argument here is that inner city household interviews are difficult and expensive.
Based on this argument, the fact that we are carrying out substantial inner city household interviews now will mean that they will be expensive.
The truth of the conclusion is dependent on the validity of the first argument.
Answer:
Explanation:
1) False. As depreciation is a process of cost allocation, not asset valuation.
2) True.
3) False. As the book value is different from market value and it can be more or less.
4) False. As depreciation applies only to building and equipment.
5) False. The correct statement ought to be depreciation does not apply to land because its usefulness and revenue-producing ability generally remain intact over time.
6) True.
7) False. Recognizing depreciation on assets results in an accumulation of cost for replacement of the asset.
8) True.
9) False. Accumulated depreciation is recorded in a balance sheet while depreciation expense is reported in the income statement.
10) False. As salvage value is the same as residual value, hence, it three factors affect the computation of depreciation.
