Answer:
d. never owned by the consignee.
Explanation:
The consignor is the business that gives merchandise to the consignee so that it can sell it. The consignor is the owner of the merchandise that is given in consignment, not the consignee. This merchandise must be reported in the consignor merchandise inventory in the balance until it is sold. Once it is sold, an accounts receivable is created.
Answer:
31 December 2019
Cash 19000 Dr
Accumulated depreciation 12186 Dr
Equipment 27419 Cr
Gain on disposal 3767 Cr
Explanation:
Straight line depreciation method charges a constant depreciation expense through out the useful life of the asset.
To calculate the gain or loss on disposal/sale of an asset like this, we need to first determine the book value or carrying value of asset on that day.
Carrying value = Cost - Accumulated depreciation
Carrying value = 27419 - 12186
Carrying value = $15233
Gain or (loss) on disposal = Cash/Sale proceeds - Carrying Value
Gain or (loss) on disposal = 19000 - 15233
Gain or (loss) on disposal = $3767 Gain
Answer:sorry man, don’t know
Explanation:
Answer: This is an example of<em><u> "paid display" </u></em>type of Internet advertising
Paid display or pay-per-click advertising, is an effortless, inexpensive way to compass the right masses.
Here, When Phil clicked on the ad, it took him to a different website where the skateboards were listed for sale. Thus targeting the right audience with right ad.
<span>The most probable thing that will happen if the pie maker keeps making additional pies is this: the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit. This is to assume that no buyer is interested in purchasing the pies at a certain period of time. </span>