The answer to this question is goes down "it is the right thing to do". In the company, many time during the decision-making time, the<span> moral case for why a company should actively promote the betterment of society and act in a manner benefitting all its stakeholders go down or boil down to it is the right thing or the good thing to do.</span>
Answer:
what I think is that it should decrease by 50%
Explanation:
why do I think that I think that because every one needs a discount
Answer:
$4,600
Explanation:
Data provided in the question:
Purchasing cost of the van = $20,000
Adjusted basis = $5,800
Worth of the van at the time of accident = $6,000
Insurance reimbursement = $1,200
Now,
The amount of Riley's casualty loss deduction will be
= Adjusted basis - insurance reimbursement
or
Amount of Riley's casualty loss deduction = $5,800 - $1,200
or
Amount of Riley's casualty loss deduction = $4,600
This is an example of "proximal goal".
Proximal objectives are best characterized as here and now and are instrumental in accomplishing distal objectives in which are long haul. The proximal objectives are the giving wellsprings of extra data in regards to exhibitions that isn't uncovered with a distal objective. It is basic that proximal objectives are more sensible to achieve the fulfillment on account of the time hole in getting the objectives. For a complex task, it would not bode well to have distal objectives set up in light of the fact that it at that point would set aside a long span of opportunity to close outcomes in a snappy way.
Answer:
D. A credit to Other Financing Sources for $5,000.
Explanation:
As the equipment is used for governmental service and sold, the journal entry to record the disposal is as follows:
Debit Cash $15,000
Debit Accumulated Depreciation $30,000
Credit Equipment $40,000
Credit Gain on sale of equipment $5,000
Calculation: Book value of equipment = Cost price - Accumulated depreciation = $40,000 - $30,000 = $10,000
Therefore, Gain on sale of equipment = Disposal value - Book value = $15,000 - $10,000 = $5,000.
Therefore, option A is correct. Option B is also correct. Option C is also correct. Therefore, option D is not correct and it is the answer as it will not include in the journal.
