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zloy xaker [14]
2 years ago
15

Defined as a loss in value from any cause, depreciation is generally divided into three categories. The loss of value due to the

normal wear and tear on a property is called
a. physical deterioration.
b. functional obsolescence.
c. external depreciation.
d. economic deterioration.
Business
1 answer:
Zarrin [17]2 years ago
8 0

Answer:

a. physical deterioration.

Explanation:

Depreciation is the decrease or loss of value of an asset. Money, plants and machinery are subject to a decline in value due to various reason. Appreciation is gain in value and therefore, an opposite of depreciation.

Physical depreciation is the loss of value due to aging, or wear and tear.  It arises from the usage of the asset or collusion. Physical depreciation is naturally occurring.  It begins as soon the asset is purchased and placed under its intended use.

The cost of depreciation is the difference between an assets cost price and the estimated value after wear and tear.

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A home improvement store has an assembled kids playset on display. There
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Answer:

im Looking for this answer as well sorry I can’t be helpful

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Audrey works in the accounting department of Colorado Manufacturing. Today she will use the firm's ledger to summarize informati
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Answer:

trial balance

Explanation:

Based on the information provided within the question it can be said that in this scenario Audrey will prepare a trial balance. This refers to an extensive list detailing all the general ledger accounts that can be found within the ledger of a business, each of which will reveal the name and balance of that account. This is what Audrey is preparing and is one of the main tasks completed by accounting departments.

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3 years ago
Watauga Office Supply paid state unemployment taxes of $168.00. What is the entry to journalize the payment of the unemployment
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Answer:

State unemployment tax payable A/c Dr $168

         To Cash A/c $168

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Explanation:

The journal entry to record the payment of the unemployment taxes is shown below:

State unemployment tax payable A/c Dr $168

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(Being state unemployment taxes are paid for cash)

For recording this transaction, we debited the State unemployment tax payable as it increase the liability and cash account should be credited as it reduce the current assets

7 0
3 years ago
Melanie Gollick, nursing floor manager for Scripps Memorial Hospital La Jolla, says, "It’s the personality and being able to mes
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Answer:

The correct answer is b) Be able to use his or her skills.

Explanation:

Melanie Gollick believes that employees must be able to develop and use their skills to perform work in the hospital. But the use of these skills will depend on the personality of each person and the way they adapt to carry out group work.

Skills refer to a set of skills that each person presents, this ability may be different for each person, for example, a person who works in the health area in a hospital needs to be among their skills, work under pressure, follow instructions, empathy, adaptation, group work, among others.

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<em>I hope this information can help you.</em>

5 0
3 years ago
Which of the following statements are TRUE about credit scores?
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2 years ago
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