1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
iogann1982 [59]
2 years ago
12

When using the accounting equation, recording the purchase of equipment for cash would include an increase to the (Cash/Equipmen

t/Supplies) account and a decrease to the (Cash/Equipment/Supplies) account.
Business
1 answer:
Fiesta28 [93]2 years ago
7 0

Answer:

Equipment account increases , and cash decreases with same amount

Explanation:

In the case of acquisition of a new equipment , the equipment account is debited (increase) while the cash account is credit with the same amount of money used for the purchase .

Purchase of an equipment is a balance sheet item , which means it is recorded in the balance sheet and not the income statement as it is not an expense.

The asset register must also be updated with the value of the newly acquired item

You might be interested in
kelsie blames steve for all her shortcomings at work even though he is the hardest working member on the team. in the context of
Dmitriy789 [7]

When someone like Kelsie blames Steve for all her shortcomings at work even though he is the hardest working member on the team, it is an example of political workplace deviance. Therefore, the option B holds true.

<h3>What is the significance of workplace deviance?</h3>

Workplace deviance can be referred to or considered as the tendency of an employee or a member of an organization to intentionally cause a sense of harm to the regular functioning of the organization.

A political deviance is a type of workplace deviance wherein an employee in higher authority starts blaming others for slightest of irregularities in the team.

Therefore, the option B holds true and states regarding the significance of workplace deviance.

Learn more about workplace deviance here:

brainly.com/question/28538100

#SPJ1

The missing options to the question are added below for better reference.

A. group deviance

B. political deviance

C. personal aggression deviance

D. property deviance

7 0
1 year ago
Along a straight line downward sloping demand curve, elasticity is Constant but its value cannot be determined without measureme
N76 [4]

<u>Answer:</u>

<em>(A) Constant and equal to an absolute value of one</em>

<em></em>

<u>Explanation:</u>

The elasticity is diverse at each point on a demand curve with a consistent slope. The reason is that the "slope and elasticity" are various ideas. Incline estimates the steepness or evenness of a line as far as the estimation units for cost and amount. Elasticity determines the general reaction of the number of changes in price. Elasticity is diverse for each section on the interest bend. Although the slant is steady for this straight-line request bend, Elasticity is NOT.

4 0
3 years ago
Why are russian and eastern europe interested to international managers? identify and describe reasons for such interest as well
algol13

Russian and Japanese Europe are interested in international managers: global control refers to the control of commercial enterprise operations in an employer, running in more than one country. global control has a whole lot of blessings.

International managers continually should arrange their commercial enterprise to evolve to neighborhood necessities of all international locations. firstly, they need to create a command hierarchy that involves human beings operating in multiple countries. Then, they must adhere to the local laws and guidelines of the nations they operate in.

It takes a wide range of know-how to be an international manager. They ought to have a complete historical past and aggressive intelligence in marketing, income, finance, and human sources. high-quality networking and pass-cultural communique abilities also are important.

International managers make a contribution with their cultural skills and knowledge of international economics, trade, governments, contracts, markets, and finance to ensure an organization's front into worldwide markets is aligned with its desires and goals.

Learn more about international managers here: brainly.com/question/24553900

#SPJ4

6 0
1 year ago
Provincial Inc. reported the following before-tax income statement items: Operating income $ 520,000 Loss on discontinued operat
geniusboy [140]

Answer:

$176,800

Explanation:

Operating income ×income tax rate

$520,000 × 34% = $176,800

Therefore Provincial would report $176,800 of income tax expense as a separately stated line item in the income statement because $520,000 is the operating income tax before-tax income statement items and 34% is the actual income rate.

4 0
3 years ago
Read 2 more answers
Managers find operation costing useful in cost management because​ it: A. focuses on control of physical processes of a given pr
kirill [66]

Answer:

The answer is option  C) Managers find operation costing useful in cost management because​ it uses job costing to account for the conversion costs and process costing for the material and customizable components.

Explanation:

Operation costing is a mix of job costing and process costing,

In Process Costing, each process or stage of production is costed separately. while Job costing is used to calculate and assign the total cost of materials, labor, and overhead of a specific job.

The manufacture of a product may consist of several operations. In Operation Costing, costs are collected for each operation instead of each process or stage of manufacture.

Therefore, Managers find operation costing useful in cost management because​ it uses job costing to account for the conversion costs and process costing for the material and customizable components.

6 0
3 years ago
Other questions:
  • If gross pay increases by $500, total employee benefits increase by $200 and total job expenses decrease by $300, then total emp
    7·1 answer
  • What is your overall evaluation of mondelēz international's corporate strategy and restructuring since 2012? what evidence and/o
    10·1 answer
  • True of false: the best measure to use when comparing alternative investments is the amount of the dollar gain or loss.
    10·1 answer
  • A message is updated on the company’s web site. What is the communication type that is being used in that example?
    9·1 answer
  • In an answer of at least two well-developed paragraphs, provide a definition of the law of demand and explain how it can be used
    14·1 answer
  • During Year 4, Tara wrote off $7,000 in receivables and recovered $4,000 that had been written off in prior years. Tara's Decemb
    6·1 answer
  • Which of the following is not true about a loan discount point? a. A point is purchased at the time of closing. b. A point is pu
    8·2 answers
  • _______ can provide guidance when organization members are uncertain about whether an action is ethical. The communications mana
    14·1 answer
  • ADVANCED ANALYSIS Currently, at a price of $0.50 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Con
    12·1 answer
  • Creditors want to see that a company that owes them money has ______. Multiple choice question. liabilities that are greater tha
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!