A. Decreases
Hope it helps!
Answer:
2. Credit equipment $100,000
3. Debit accumulated depreciation $60,000
Explanation:
When a company trades with another pieces of equipment gain or losses are recognized when there is commercia lsubstance. If not, then the trade-in equipment is posted as the net book value of the old equipment
In both cases, the old equipment is write-off thus:
credit equipment for 100,000
and debit accumualted overhead for 60,000
Now, we look at the option that matches this. The information about the new assets is insuficient as we aren't given information about whether or not thre is commercial substance
It means that the goods and services are offered are lacking in vitality, force or conviction
hope i helped:)
Based on the given scenario above, since Susan had no previous balance on her credit card and that she was able to pay off the balance within 1 month, she will not be paying any interest. The interest in the credit card only applies to the amount that has been pass the due date or are not paid in full. Hope this answer helps.
C because they are repairing something
