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Feliz [49]
3 years ago
12

The depreciation of equipment will require an adjustment that results in A. total assets increasing and total expenses increasin

g. B. total assets increasing and total expenses decreasing. C. total assets and expenses decreasing. D. total assets decreasing and total expenses increasing.
Business
2 answers:
11Alexandr11 [23.1K]3 years ago
6 0
The answer is D. Total assets decreasing since they're depreciated. But total expenses will increase for sure in order to replace the depreciated equipment.
erastova [34]3 years ago
5 0
The answer to your questions is letter D. Total assets decreasing and total expenses increasing. 
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The theory of mercantilism states that a country’s power depends mainly on its wealth. During the Age of Exploration, this meant
aleksklad [387]

Answer:

A positive balance of trade

Explanation:

The theory of mercantilism states that a country’s power depends mainly on its wealth. During the Age of Exploration, this meant that the prosperity of a nation should depend on a large supply of bullion (silver and gold) and a positive balance of trade. A positive balance of trade implies that exports should exceed imports. There were tariffs on imports. This discouraged importation.

Mercantilism was commonly practised in Europe within the 16th to 18th century.

I hope my answer helps you

4 0
3 years ago
During the adjusting process two transactions were missed. The first is for unearned rent revenue of which $450 was earned durin
masya89 [10]

Answer:

3. net income is understated by $175

Explanation:

There were two transactions omitted. The first transaction is unearned rent revenue of which $450 was earned. This earned rent revenue increases income by $450. While the second transaction was accrued interest payable of which $275 is owed. This interest payable increases liabilities by $275.

Therefore, from the above, income or revenue is understated by $450, while expenses is understated by $275.

Therefore, net income is understated by income less expenses, thus 450 - 275 = $175. This also implies that liabilities are overstated by $175.

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3 years ago
The fees for investor services and newsletters generally range from ____________ per year.
quester [9]
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The process of making decisions about goals and activities that an organization will pursue in the future is referred to as.
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The process whereby a organization makes decisions about what they will do in the future is known as planning.

<h3>What is planning?</h3>

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Planning is the process of making decisions about goals and activities that an organization will pursue in the future.

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2 years ago
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