Answer:
Wagner Enterprises and Stone Services
Disposal of old asset:
It could be that Stone Services exchanged its old asset with a new one with a company. In that situation, the debit goes to New Equipment, while the credit is to the old Equipment. Another reason could be that Stone Services sold the old asset on account. In this situation, the debit goes to the Accounts Receivable account, while the old asset is credited accordingly.
Explanation:
When a company disposes of an old asset, it credits the asset account and transfers the amount to the Sale of Asset account. The same is done for the accumulated depreciation, in reverse. When cash is realized from the disposal, the Sale of Asset account is credited, while Cash account is debited. Then, the difference in the Sale of Asset account will be a gain or a loss, depending on the net book value and the cash realized from the sale.
While overuse of fossil fuels will cause pollution, world without them is also difficult. A balance is required.
Explanation:
- Without fossil fuels vehicle transport for conveyance does not happen, food won't be transported, and thus life may come to standstill. It will take sometimes, centuries for the alternative sources to replace fossil fuels.
- Overuse will cause pollution to happen and the fossil fuels getting depleted. We already found that if fossil fuels are not there, world will come to standstill. Therefore, cannot deplete them.
- Balanced usage, usage with caution, and development of alternative sources are the ways to tackle the problem. These are the implications of the statements.
A analytical and b interpersonal
By asking questions and demonstration. In this way, you would be able to understand the instructions fully. With the help of demonstration, it will help you understand on what to do while by asking questions, it allows you to understand the whole procedure and its importance.
Answer:
After observing the question, there are blank spaces to fill in the question. These blank spaces are to be filled with the right answers. Since it was not shown in the question, I will write out the question again and appropriately add the answers for proper understanding. I hope it helps.
In order to qualify as substantial performance, the party who fails to perform perfectly must perform <u>in good faith</u>. <u>Intentional</u> failure to comply with the contract terms is a <u>breach</u> of the contract. The performance must not vary greatly from the promised performance: an omission, variance or defect in performance is considered <u>minor</u> if it can be <u>remedied</u> by compensation. finally, the performance must create substantially the same <u>benefits</u> as those promised in the contract.
