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Mekhanik [1.2K]
2 years ago
6

Accumulated Depreciation is:a. contra asset account b. is used to show the amount of cost expiration of intangibles c. is the sa

me as Depreciation Expense d. is used to show the amount of cost expiration of natural resources
Business
2 answers:
marshall27 [118]2 years ago
7 0

Answer:

a)  Contra Asset Account

Explanation:

Its is an asset account  with a negative (Credit) balance to show the amount of    the Accumulated Depreciation charged on a particular Asset to match the initial cost.

alina1380 [7]2 years ago
6 0

Answer:

The correct answer is A, contra asset

Explanation:

A contra asset is a negative asset account which is set off against the asset to which is related.

The depreciation on assets are not posted to the asset account because the asset account is only meant to show the initial cost of the asset,but the true value of the asset at  each reporting needs to be shown.

The way out is to set the balance in accumulated depreciation account(contra asset) against the balance in the asset account in order to ascertain the asset net book value.

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If a salesperson persuades a customer to purchase a higher-priced item than the customer initially intended, the salesperson has
Ray Of Light [21]

The correct answer would be option C, Traded up.

If a salesperson persuades a customers to purchase a higher priced item than the customer initially intended, the salesperson has Traded up the customer.

Explanation:

Salespersons usually help customers in buying the products of their needs and desires. Success of a salesperson depends upon how beautifully he grabs the customer and closes a sale.

When a salesperson trades something to a customer which is more expensive than the product which customer was previously intended to buy, it means that the salesperson has traded up the customer.

For example, if a salesperson persuades a customer to buy an automobile worth $20,000 rather than an automobile of worth $10000, it means, the salesperson has traded up the customer.

Learn more about Selling Strategies at:

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3 0
3 years ago
Tangshan Industries has issued a bond which has a​ $1,000 par value and a 15 percent annual coupon interest rate. The bond will
mina [271]

Answer:

B. 10.79 percent

Explanation:

yield to maturity = [150 + (1250 - 1000/10)]/[(1250 + 1000/2)]

                            = 10.79%  

Therefore, The yield to maturity on the Tangshan Industries bond is 10.79%

6 0
3 years ago
Banks pay their customers interest on the money in their accounts for what reason? A. That money earns interest when the bank lo
Bezzdna [24]

Answer:

A. That money earns interest when the bank loans it out.

Explanation:

Banks pay their customers interest on the money in their accounts because that money earns interest when the bank loans it out.

4 0
3 years ago
How many people lost their jobs when the minimum wage increased from $12 to $18
Inessa05 [86]
I would say 33.. But im not 100% sure
3 0
2 years ago
According to Herzberg, when ________ are adequate, people won't be dissatisfied, but they will also not be satisfied. motivation
Anastasy [175]

Answer:

The correct answer is letter "B": hygiene factors.

Explanation:

According to American psychologist Frederick Herzberg (1923-2000) in his Motivation-Hygiene Theory -<em>also known as Two Factor Theory</em>- some factors lead to individuals' satisfaction and dissatisfaction at work. Achievement, recognition, and growth are examples of factors that lead to satisfaction and policies, supervision, salaries or security influence dissatisfaction.

Though, <em>solving problems related to dissatisfaction will not make employees satisfied. Herzberg concluded that the opposite of satisfaction is no satisfaction and the opposite of dissatisfaction is no dissatisfaction.</em>

6 0
2 years ago
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