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Alex
3 years ago
13

Equipment is a(n) _____________ account. It is reported on the _____________ side of the accounting equation and is ____________

_ when equipment is purchased.
Business
1 answer:
Stella [2.4K]3 years ago
3 0

Answer:

Equipment is an _asset__ account. It is reported on the _left_ side of the accounting equation and is __increased__ when equipment is purchased

Explanation:

Buying more Equipment is an asset to company in the sense that it helps in boosting the company production output and in turn generating more profit. It is reported on the left side of the company accounting equation. The aggregate equation increases as the number of equipment purchase increases.

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The portfolio that contains the average return on a combination of market index with the same beta is often called _____________
elena-s [515]

The portfolio that contains the common return on a mixture of market index with the same beta is often known as protection market line.

<h3>Is safety market line the same as CAPM?</h3>

The safety market line (SML) is a visual representation of the capital asset pricing model (CAPM). SML is a theoretical representation of the predicted returns of belongings primarily based on systematic, non-diversifiable risk.

<h3>How do you study a security market line?</h3>

The two-dimensional correlation between anticipated return and beta can be calculated via the CAPM formula and expressed graphically via a safety market line, or SML. Any protection plotted above the SML is interpreted as undervalued. A safety under the line is overvalued.

Learn more about security market line here:

<h3>brainly.com/question/15877803</h3><h3 /><h3>#SPJ4</h3>
5 0
1 year ago
Mention any five essential elements required for insurance contract​
tatyana61 [14]

Answer:

These elements are definable risk, a fortuitous event, an insurable interest, risk shifting and risk distribution. in addition, there is a very important legal difference between a reserve and an insurance company.

4 0
3 years ago
Describe your values, interests, personality traits and skills
irakobra [83]
Well you would describe what you find important as an example good hygiene, interests are self explanatory, personality traits is a trait about you example leader or hard worker, and skill are what you are good at example fast typing or leadership.
3 0
3 years ago
Read 2 more answers
Department R had 5,000 units in work in process that were 75% completed as to labor and overhead at the beginning of the period;
Maksim231197 [3]

Answer:

a. 29,450

Explanation:

Equivalent units under FIFO method are calculated using the following formula:  Equivalent units for each cost component  = (100% − A) × B + C + D × E . Where a = percentage of completion at the end of last period , b = units in opening work in process , c = units started and completed in current period   (30,000 - 3,000 =27,000), d = percentage of completion of units in closing work in process , e = units in closing work in process

Equivalent units for each cost component

= (100% − 75%) × 5000 + 27000 + 40% × 3000

= 29,450

5 0
3 years ago
Jan. 1Purchased a small company and recorded goodwill of $177,000. Its useful life is indefinite. May 1Purchased for $144,000 a
stich3 [128]

Answer:

The Journal entries are as follows:

(i) On December 31,

No entry

(ii) On December 31,

Amortization expense A/c Dr. $16,000

           To Patents A/c                            $16,000

(To record the amortization expenses)

Workings:

Amortization expense:

= (Purchasing cost of patent ÷ Estimated useful life) × Time period

= ($144,000 ÷ 6) × (8/12)

= $24,000 × (8/12)

= $16,000

3 0
3 years ago
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