B because she brought something that cost a lot of money but it was for a good reason she needed it for school unlike the other people who just brought the stuff because they wanted stuff not because they needed it
Answer:
depreciation expense 1,664 debit
accumlated depreciation 1,664 credit
-- to record depreication from Jan 1st to September 1 --
cash 10,920 debit
accumulated depreciation 10,400 debit
machinery 20,800 credit
gain at disposal 520 credit
--to record sale of equipment --
Explanation:
We calculate the depreciation from December 31th 2017 to September 1st 2018
2,496 x 8/12 = 1,664
this will be the depreciation for the year up to sale date.
accumulated depreciation: 10,400
<u>sale:</u>
10,920
<u>book value</u>
20,800 - 10,400 = 10,400
result at dispossal: 10,920 - 10,400 = 520
If the commercial banking system actually loans out the maximum amount it is able to lend, excess reserves will fall to Zero
.
<u>Explanation:
</u>
The most key elements of the entire financial system are commercial banks. A commercial bank is an agency based on profits that give loans, receive deposits and sell other financial services, including overdraft and digital funds transfers.
Investments and lending money are the main activities of a commercial bank. Deposits are investments of money, real, or time. A commercial bank also lent its customers resources in the type of loans and loan advances, cash loans, overdraft and bill discounts, etc.
If excess reserves of a bank equal to zero, they are lent when excess reserves of a bank exceed zero. Finally, we neglect other investments than stocks, loans, and savings except for checkable deposits.
Answer: you are preparing a map that shows consumer perceptions of the company's brands versus the competitions products
Explanation:
Positioning is the perception of a product in the consumer's minds in relation to its competing product. The positioning map is therefore a graphical device that is used to study and analyse the perceptions or positions of each of a group of competing products with respect of two particular product characteristic.
If someone is asked to prepare a positioning map, the individual needs to prepare a map that shows the consumer perceptions of the company's brands in relation to the competitions products.
Answer:
$128,800
Explanation:
Open a Direct Materials T - Account to calculate the Cost of Direct Material Used.
Direct Materials T - Account
Debit :
Beginning Materials Inventory $ 6,900
Materials Purchases $ 133,500
Total $140,400
Credit :
Materials Used (Balancing figure) $128,800
Ending Materials Inventory $ 11,600
Total $140,400
Therefore,
Cost of Direct Material Used is $128,800