Answer: B. One asset would increase $1,750 and a different asset would decrease $1,750, causing no effect
Explanation:
From the information given in the question, the journal entry at the time of sales will be represented as:
Debit Accounts receivable $1,750
Credit Sales $1750
Now, when the credit receipt is received as illustrated in the question, the journal entry will be:
Debit Cash $1,750
Credit Accounts receivable $1,750
Therefore, one asset would increase $1,750 and a different asset would decrease $1,750, causing no effect.
The correct option is B.
Answer:
The number of laborers employed by the plant is 120 laborers
Explanation:
According to given data Annual output = 57600 water heaters.
So the output per month = 57,600 / 12 months = 4,800 water heaters
Each labor works 160 hours per month
Suppose ,there are x number of laborers employed by the plant. So,x number of laborer will work 160x hours per month. So the labor input = 160x per month
Labor productivity = 0.25
Labor productivity = Output / Labor input
0.25 = 4800 / 160x
25/100 = 4800/160x
160x = (4800 X 100) / 25
160x = 19200
x = 19200/160
x = 120
Therefore, the number of laborers employed by the plant is 120 laborers
Answer:
Coat Tech’s workers have Sequential interdependence..
Explanation:
Sequential interdependence occurs when one unit in the overall process produces an output necessary for the performance by the next unit.
Answer:
The correct answer is D. All of the above.
Explanation:
Simplification in the field of taxes can be observed considering the tax structure, if it implies a complex tax system there will be higher compliance and administration costs, but the complexity of the system is sometimes difficult to eliminate. There are few simple things in tax compliance.
There are complications that can be avoided and these usually begin with the fact that the officials of the Tax Administration are unaware of the tax regime or the provisions of the tax laws. Usually this is linked to a limited knowledge of tax law as a discipline with a dogmatic of its own. The public function in the field of tributes is often occupied by assuming the Turkish proverb that says: "If Allah gives you authority, it will also give you the intelligence necessary to know how to command."
Regularly every official in the area of tax law is a kind of legal autarchy that knows spontaneously and naturally the subject under his responsibility. Thus, in each general rule or in each resolution or decree, concepts that are clear in the Tax Code are redefined, but redefined to give it another meaning in accordance with the notions just arrived at the Administration. Arranged with the pragmatic and practical statute that on the road the load is rigged.
Answer:
$28,825 gain
Explanation:
For computing the gain or loss, first, we have to determine the book value of an asset which is shown below:
= Original value of the building - accumulated depreciation
= $105,500 - $15,825
= $89,675
So, the gain would be
= Sale value - sales commission - book value
= $125,000 - $6,500 - $89,675
= $28,825 gain
