Answer:
C. Accounting
Explanation:
The Sarbanes-Oxley Act was passed into law in July 2002. The act aims are protecting investors and other users of financial information from fraudulent reporting by corporations.
The Sarbanes-Oxley Act seeks to make financial reporting and disclosures accurate, reliable, and transparent. The acts insist on the declaration of internal control measures that guarantee the accuracy of financial statements.
Answer:
Personal property is property owned by an individual or business that is transportable and not fastened to or related with the land. Personal property is everything that isn't actual property (land and buildings).
Explanation:
Answer:
Explanation:
Depreciation : Depreciation is a decrease value of the fixed assets due to wear and tear, obsolesce, etc.
In the given question, the accumulated depreciation is $720 and the asset is purchase on Dec 1 with $3,600 value
So on the date of December 31, the adjusted value would be
= $720 × 1 ÷ 12 months
= $60
As on December 1 the asset is purchased , and we have to prepared the financial statement on December 31 . So, from December 1 to December 31, it has 1 month which is not yet recorded.
Hence, the adjusted entry would be :
Deprecation Expense A/c Dr $60
To Accumulated Depreciation A/c $60
(Being adjusted entry recorded)
This economy could move closer towards its production possibilities curve by e<span>mploying more of its available resources.
The production possibility curves is a theoretical portrayal of the measure of two unique merchandise that can be gotten by moving assets from the creation of one to the generation of the other. The bend is utilized to portray a general public's decision between two unique merchandise.
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