Answer:
the depreciation expense on the equipment will be 1,785 for tax purpose.
Explanation:
We will look into the MACRS (Modified Accelerated Cost Recovery System)
table for a property of seven years placen into service in the 4th quarter:
Which give us 3.57%
now we multiply the basis by the coefficient and get the value for depreciation
50,000 x 3.57% = 1,785 depreciation expense under MACRS
The main answer is Managing.
Management (or managing) is the process of overseeing the operations of a company, nonprofit, or governmental entity. It is both the science and the art of managing a company's resources.
Setting an organization's strategy and managing employee (or volunteer) efforts to achieve goals via the use of existing resources, such as financial, natural, technical, and human resources, are included in management. The terms "run the business" and "change the business" are used in management to distinguish between the continuation of the delivery of products or services and the adaptation of those same goods or services to accommodate changing client demands - see trend. The term "management" can also refer to managers, who are responsible for running a company.
Learn more about management here :
brainly.com/question/14523862
#SPJ4
In the new England colonies, the Puritans built their society almost entirely on the precepts of the Bible. The Puritans, in particular, valued education, because they believe that Satan was keeping those who couldn’t read from the Scriptures
Answer:
B. Logistics and Distribution is the career of Circle A, Buying and Merchandising is the career of Circle B, Professional Sales is the career of Circle C, and Circle D is "an office."
Explanation:
Logistics and Distribution is the career of Circle A. Logistics and distribution involves the transportation, storing, packaging of products. This involves working in a warehouse where the products are packaged and stored.
Buying and Merchandising is the career of Circle B. Buying and Merchandising is a career that involves buying and selling of products, it involves working with suppliers so as to promote a product and they are responsible for supplying stores with these products. This career involves working in grocery stores.
Professional Sales is the career of Circle C. Professional sales involve having good selling and communication skills so as to sell products to customers.This career involves going to the customer home to sell your product.
Circle D is "an office." The office is a typical workplace for all three careers mentioned above
Answer:
Date Account Title Debit Credit
Year end Cash $19,520
Advertising expenses $550
Commission expenses $2,230
Revenue from Consignment $22,300
Cost of Goods sold $13,110
Inventory on Consignment $13,110
Cash received by Pronghorn:
= Cash - Advertising - Commission
= 22,300 - 550 - (10% * 22,300)
= 22,300 - 550 - 2,230
= $19,520
Cost of Goods sold:
= 57% * (Value of goods + Shipping)
= 57% * (20,800 + 2,200)
= $13,110