Answer:
Depreciation expense $2,000
To Accumulated depreciation - equipment $2,000
(Being the depreciation expense is recorded)
Explanation:
The journal entry is shown below:
Depreciation expense $2,000
To Accumulated depreciation - equipment $2,000
(Being the depreciation expense is recorded)
For recording this we debited the depreciation expense as it increased the expenses and credited the accumulated depreciation as it reduced the value of the fixed assets. This both items should be recorded for $2,000
Answer:
Dr Notes Receivable $10,100
Cr Discount on Notes Receivable$1,000
Cr Sales Revenue $9,100
Dr Cost of Goods Sold $5,460
Cr Inventory $5,460
Explanation
:
Vaughn Inc
Journal entry
January 2, 2017
Dr Notes Receivable $10,100
Cr Discount on Notes Receivable
$10,100-$9,100) $1,000
Cr Sales Revenue $9,100
Dr Cost of Goods Sold $5,460
Cr Inventory $5,460
Total Revenue:
sales revenue + interest revenue $9,100+$1,000 = 10,100
Total revenue= $10,100
Taxed market forces are destroying the industries
Answer:
"GPS technology may accidentally leak confidential information about the location."
Explanation:
A good case in point was a watch tracking service that leaked classified GPS coordinates of our military servicemen and women's location. It jeopardized our ability to effectively operate in a foreign land without notice of occupied territory.
In this question, it places our military and journalists at risk because they know where they are at and so forth.
