Answer:
Loss on sale of delivery equipment = $3,700
Explanation:
The following journal entry to record the exchange for Sheridan’s Delivery Company.
Delivery equipment debit (fair value) $2,800
Loss on sale of delivery equipment debit $37,00 (Note - 1)
Accumulated depreciation debit $15,000
Delivery equipment (original cost) credit $21,500
Note: Calculation: Loss on sale of delivery equipment = cost price of delivery equipment - accumulated depreciation - disposal of delivery equipment.
Loss on sale of delivery equipment = $21,500 - $15,000 - $2,800.
Loss on sale of delivery equipment = $21,500 - $17,800
Loss on sale of delivery equipment = $3,700
The Fourth Amendment of the US Constitution is the law or act that protects against invasive acts by a government actor using electronic devices.
<u>Explanation:</u>
The fourth amendment was one of the part of Bill of Rights which was included to the US Constitution on 15th December, 1791. This protects the citizens from unlawful seizures or searches that are unreasonable. And it requires any search warrant to be judicially sanctioned and supported by probable cause.
This amendment was the major source of the occurrence tension during the pre-revolutionary America.
The fourth amendment of the US Constitution generally says, "the right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized."
Business is an important human activity that has allowed humans to survive better because it:
- allows people access to goods and services - thanks to business, people are able to trade goods that they have for goods that they want thereby ensuring that human needs and wants are satisfied
- is a source of income - engaging in business allows people to earn money that they can use to get things that they want either as employees or as owners.
For these two main reasons, we can conclude that business is important because the satisfaction of human needs and wants is paramount to the survival of our species.
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It is False that societies did not develop monetary commodity systems until the mid-nineteenth century.
Answer:
C. If Major Supply gave credit in reliance upon the misrepresentation by Coleman, Danforth is a partner by estoppel.