Answer:
1. Heating Equipment
2. Premises
3. Maintenance Expense
4. Prepaid Insurance
5. Intangible Asset ; Logo
6. Premises
Explanation:
1. Replacement of heating equipment is substantial hence it is capitalized to the Heating Equipment Account.
2. The project is capitalized to the Premises Account as it form part of premises.
3. Annual Building maintenance is a revenue expenditure not capitalized.
4. An Asset Insurance Prepaid for future economic benefits to be realized is recognized.
5. The new sign would result in inflow of economic benefit and is non-tangible hence Intangible Asset is recognized.
6. Work done is capitalized in the Premises Account
Answer:
The correct answer to the following question is option D) Confusion .
Explanation:
In this question Both Nero and Omar are trying to create confusion for the Power fuel company . They're trying to create the confusion for the power fuel because they're trying to take advantage of reducing their cost ,as Nero and Omar have made agreement between them to buy natural gas together and then sell it to power fuel.
Answer:
Option (a) is correct.
Explanation:
Real balance effect: This effect states the relationship between the price level and the purchasing power of the consumer. If there is a higher price level in an economy then this will reduce the purchasing power of the consumers and results in a fall in investment expenditure, net exports and consumption expenditure. That's why aggregate demand curve is slopes downward.
Interest-rate effect: This effect states the cost of borrowing funds with the price inflation in an economy. If there is a higher interest rate then most of the consumers cut down there borrowings activities which is one of the reason of downward sloping demand curve.
Foreign purchases effect: When there is a fall in the price level then as a result the price in the United states falls relative to the foreign prices. Hence, there is an increase in the U.S exports and decrease in the U.S imports.
Productive efficiency focuses on the cost of production while allocative efficiency focuses on the distribution of the products.
In economics, the efficiency or productivity of a business is classified into two types:
- Productive efficiency.
- Allocative efficiency.
These two types of efficiency focus on different aspects of production and selling goods and services.
Productive efficiency: This type implies producing goods at the lowest cost possible. This means:
- Avoiding unnecessary costs.
- Controlling costs when the number of units increases.
Allocative efficiency: This type implies selling or allocating the products in society. This means:
- Considering the maximum amount the customer can pay for a product (marginal benefit).
- Making the cost of production equal to the marginal benefit.
Note: This question is incomplete because the statements that need to be classified are not provided; due to this, I answered the question based on general knowledge.
Learn more in: brainly.com/question/3886960
