Answer:
Explanation:
In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset
In mathematically,
= Book value - fair value
where,
Book value = Equipment cost - accumulated depreciation
= $672,000 - $174,000
= $498,000
And, the fair value is $384,000
Now put these values to the above formula
So, the value would equal to
= $498,000 - $384,00
= $114,000
Now the journal entry would be
Loss on impairment A/c Dr $114,000
To Accumulated depreciation A/c $114,000
(Being the impairment loss is recorded)
Answer:
so they can end up spending less on interest payments and credit card fees.
Explanation:
Operant conditioning is used by Mark .
<h3><u>
Explanation:</u></h3>
The instrumental conditioning is the other name given for operant conditioning. It can be considered as a method of learning in which rewards and punishments are used for modification of certain behaviors. This forms a relativity between certain behavior and the consequences of that behavior.
In the example given, Mark has decided to give rewards in order to make his employees to reach office at time. Monthly rewards are given to those employees who did not take breaks and thus he is using the principle of Operant conditioning .
Answer:
B. Gain $8,000
Explanation:
The calculation of exchange translation is shown below:-
Old exchange rate = Net exposed assets × Value of Euro
= 200,000 × $1.22
= $244,000
New value in euro = Net exposed assets × Increased exchange rate
= 200,000 × $1.26
= $252,000
Translation Profit = New value in euro - Old exchange rate
= $252,000 - $244,000
= $8,000
Pay discrepancies i believe
