The event should be presented in the financial statements as follows:
 
1. The assets side of the balance sheet will be reduced by 75%, with its accompanying accumulated depreciation.
 
2. The bonded liability on the balance sheet is eliminated by the relevant amount.
 
3. The journal entry should debit the Bonded Liability and accumulated depreciation, while the assets worth 75% are credited.
 
4. If the bonded indebtedness is more than 75% of the assets, the company records a profit on disposal on the income statement. Otherwise, it records a loss. If they are equal, there is no profit or loss.
 
Thus, the difference between the debit and credit entries constitutes either profit or loss on disposal.
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Answer:
center of gravity.
Explanation:
The part of an industry's value chain that is most important to a company and the point where its greatest expertise and capabilities lie is called the company's center of gravity.
Generally, the center of gravity of a company is usually the point at which it started business. The center of gravity of a company defines its strengths, success, achievement and dominant operations.
For any successful business, there is always a center of gravity. This is the point or stage where all of the strategic decisions, greatest expertise, risks management and capabilities lie.
<em>Hence, should there be an error, disagreement or disarray at the center of gravity, then the company is headed for losses and bankruptcy. </em>
 
        
             
        
        
        
Answer: Option A : by themselves do not tell us what decisions the firm will make.
Explanation: Using the cost curve to make decisions is the function of the firm's internal decision mechanism