Answer:
D. $8,000 and $70,000
Explanation:
Data provided as per the question:-
Old machine = $62,000
New machine = $70,000
The computation of recognized gain or loss is shown below:-
Realized gain = New machine - Old machine
= $70,000 - $62,000
= $8,000
Therefore, for computing the realized gain we simply deduct old machine from new machine the fair base value is $70,000, so it has been recorded.
The correct option is:
C. 4% population growth and 7% real GDP growth
<u>Explanation:</u>
Gross Domestic Product (GDP) is the measure of goods and services produced in the country. The monetary growth of the country is estimated by observing the GDP. GDP can be increased by increasing the literacy rate of the country.
Population growth represents increase in the number of individuals in a population. Dorados had a population of 8,000 and real GDP of 3,000,000 in the year 2012. There was 4% population growth and 7% real GDP growth in the year 2012.
Answer:
The adjusting entries are as below:
Dr bad debt expense $4000
Cr Allowance for doubtful accounts $4000
Explanation:
The new allowance for doubtful accounts should be calculated as 10% of the closing balance of accounts receivable,i,e 10% of $400000=$40000
The new $40000 estimates of allowance for doubtful accounts means that the closing balance in allowance for doubtful accounts should be $40000 credit balance.
Since the opening balance was $36000 credit, the extra amount to top it up to $40000 is $4000($40000-$36000)
Hence,the required adjustment to the allowance for doubtful accounts is shown below
Dr bad debt expense $4000
Cr Allowance for doubtful accounts $4000
Answer
Explanation:
producers and consumers in the market.
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Answer:
It seems like u have to see what companies did to help out like did they raise how much the get paid in hour I hope this helps.
Explanation: