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3 years ago

Jackson Ltd is developing computer software for use in its courier delivery service business. So

Business

1 answer:

Helen [10]3 years ago

5 0

Answer:

Jackson Ltd

Software Development ($50,000) and Purchase ($100,000):

The accounting treatment consistent with the framework is to:

a. Recognise an asset of $100 000 and expense of $50 000.

Explanation:

The development cost of the Software which is abandoned cannot be capitalized. Software development cost can only be capitalized after testing for usability. Otherwise, Software development costs are expensed as they are incurred. On the other hand, the purchased Software can be recognized as a long-term asset, Plant, Property, and Equipment as it will be in use for more than 2 years.

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I would help you but I can’t understand this

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3 years ago

Many organizations are moving away from ______ because too much of it can lead to bored employees with narrow skill sets.

konstantin123 [22]

Many organizations are moving away from Specialization because too much of it can lead to bored employees with narrow skill sets.

Specialization refers to individuals and groups focusing on the restricted variety of manufacturing responsibilities they perform great. This specialization requires employees to give up performing other responsibilities at which they're not as professional, leaving those jobs to others who are higher appropriate for them.

The system of focusing one's occupational attention on a specific location of understanding. An increase in process specialization among employees can make them much less bendy because it has a tendency to lessen their capability to carry out other sorts of work inside the enterprise that fall outdoor their specific specialty. +3 -2.

An organizational structure defines how activity duties are formally divided, grouped, and coordinated. The shape of an organization normally features six exclusive factors: work specialization.

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2 years ago

NewTech purchases computer equipment for $267,000 to use in operating activities for the next four years. It estimates the equip

nordsb [41]

Answer:

Explanation:

Giving the following information:

NewTech purchases computer equipment for $267,000 to use in operating activities for the next four years. It estimates the equipment’s salvage value at $25,000.

Depreciable value= 267,000 - 25,000= 242,000

Year 1:

Beginning book value= 267,000

Depreciation= (267,000/4)*2= 133,500

Ending book value= 133,500

Year 2:

Beginning book value= 133,500

Depreciation= (133,500/4)*2= 66,750

Ending book value= 66,750

Year 3:

Beginning book value= 66,750

Depreciation= (66,750/4)*2= 33,375

Ending book value= 33,375

Year 4:

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3 years ago

Suppose both supply and demand increase. What effect will this have on the equilibrium price?

Ronch [10]

Answer:

A new breakeven point will be determined.

Explanation:

The law of supply and demand suggests that price and quantity equilibrium are determined by the interaction between supply and demand. This breakeven point may vary as supply and demand change. When supply increases the price decreases and when the price decreases the demanded quantity increases. In this way, a new equilibrium price will be determined at a lower value than the previous price.

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4 years ago

List the services that Williamson mentions are usually paid for using federal income tax, and those that are paid for using stat

tigry1 [53]

the services that Williamson mentions are usually paid for using federal income tax, and those that are paid for using state sales tax or property taxes are :

● Federal income tax : Entitlement Programs,
 Education, Technology, Defense and Security, Social Security, Health
 Problem Programs such as Medicare, Aid programs, Interest
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 Social Service Programs, Highways, Economic Development
 Incentives and Grants for businesses, and other state programs and operations.

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3 years ago