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Ede4ka [16]
3 years ago
9

Point Company paid $4,000 cash to purchase a new machine. The company also paid $500 cash for an initial training cost that was

necessary to teach an employee how to operate the machine. Which of the following represents the journal entry that would be necessary to record all capitalized costs related to the purchase of the machine?
Business
1 answer:
avanturin [10]3 years ago
6 0

Answer:

Explanation:

The journal entry is shown below:

Machine A/c Dr $4,500

       To Cash A/c $4,500

(Being machinery is purchased for cash)

The total amount of machinery purchased cost is shown below:

= Purchase cost of machine + training cost

= $4,000 + $500

= $4,500

Since the machine is purchased for cash so we debited the machine account and credited the cash account as cash

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mote1985 [20]

When a local auto repair shop sponsors a local softball​ team, it is using the​ public relations element of the promotional mix.


Public relations allows a company to create a good image with the public through relations and organizations they work with for the public to see. When the local auto repair shop sponsors a local softball team, they are not only advertising their name, but people are recognizing them as a company that gives back. By being active in their community they are building public relations.

3 0
3 years ago
Create a conversational but professional tone in letters, e-mail messages, instant messages, and memos by Group of answer choice
egoroff_w [7]

Answer:

Using familiar words, occasional contractions, and pronouns such as you and I.

Explanation:

This is the best strategy in order to create a conversational but professional tone in letters, e-mail messages, instant messages and memos. This strategy suggests the use of familiar words. This will give a personal, relaxed tone to your texts. Moreover, it suggests the use of occasional contractions. Contractions are useful when it comes to making a text less formal and more intimate. Finally, using pronouns such as "you" and "I" gives a tone of closeness, while remaining professional.

4 0
3 years ago
Miller owns a personal residence witha fair market value of $308,000 and an outstanding first mortgage of $246,400. Miller gets
marysya [2.9K]

Answer: $246,400

Explanation:

Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.

Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.

3 0
3 years ago
Namita is voting in a state election. She selects the candidate she wants to be state senator, a position that involves drafting
Mashcka [7]

Answer:

Representative democracy.

Explanation:

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2 years ago
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ra1l [238]

Answer:

B. Cable Television

Explanation:

I'm pretty sure its right sorry if its not

8 0
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Read 2 more answers
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