Answer:
Explanation:
a. The journal entry is
Equipment A/c Dr $50,400
To Cash A/c $50,400
(Being the equipment is purchased for cash)
Depreciation expense A/c Dr $5,400 ($600 × 9 months)
To Accumulated depreciation - Equipment A/c $5,400
(Being the depreciation expense is recorded)
b. The balance is
For depreciation expense, it is $5,400
And, for the accumulated depreciation it is $5,400
Answer:
a. True
Explanation:
An accounting framework represents a set of criteria that is used to measure, interpret, and disclose the information that appears in an organization's financial statements.
The law of several nations mandates the Management of a company to prepare and present their financial statements in accordance with the laws of the nation. Since the law mandates this, it makes it a legal requirement.
Answer: D. Since Hiro’s economic profit is negative, he would be better off if he didn’t operate the consulting business and taught economics instead.
Explanation:
Economic Cost is calculated by taking into account all costs, both Implicit and Explicit. Implicit Costs are also known as Opportunity costs and are referred to as the income you could be earning if you were doing the alternative.
Hiro's Economic Cost can hence be calculated by,
Economic Cost = Implicit costs + Explicit Costs
= (50,000 + 100) + 57,000
= <em>$107,000</em>
Subtracting that from his Revenue per year gives,
= 100,000 - 107,000
= -<em>$7,000</em>
Hiro is experiencing an Economic Loss by operating his business and would be better off Teaching Economics at the small local college.
Answer:
a) Apptivo
Explanation:
Apptivo is a cloud-based suite of applications designed to help small businesses manage a range of functions including financials, human resources and supply chain management.
Apptivo’s customer relationship management (CRM) applications provide modules for contact management, lead management, opportunity management and customer service ticket management. Marketing applications include campaign management, lead segmentation and loyalty management. Businesses can select necessary applications and omit applications they do not need.
Hello,
Answer It really depends on what state you live in I live in Texas and Texas has a Law that says Managers MUST allow 15 min breaks.
Note: If you love this answer why not mark brainliest?
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Your pal
HumanSpider