Answer:
medium of exchange. since it is being offered in exchange for the car
I believe the answer would be the mechanical solution.
The common factor between intentional torts, negligence, and strict liability is that D. They show that the defendant was at fault.
<h3>What do the above have in common?</h3>
Intentional torts refer to when a person commits a wrongful action on purpose while negligence refers to a failure to uphold one's duty.
Strict liability is when a person is liable for committing what they are accused of.
In all these cases, the defendant is at fault which means that the best option is therefore option D.
Find out more on strict liability at brainly.com/question/2669139.
Answer:
Solution Provided
Explanation:
Equipment Purchased = $20,600
Residual Value= 2600
useful life = 5years
Dep Straight line Method = <u>Cost- Residual Value</u>
useful life
Dep= <u>20,600-2600</u>
5
Dep=$ 3600
<u> Cash Account </u>
Debit Credit
Salaries 30,900
Utilities 17,600
Sales 231,000
<u>Bal C/D 182,500</u>
231,000 231,000
<u> Accounts Receivable </u>
Debit Credit
Due 4100
Uncollectable
(50%x 4100) 2050
uncollectable
(3%x 2050) 61.5
<u>Bal C/d 1988.5</u>
4100 4100
<u> Accrued Income </u>
Debit Credit
unpaid salaries 33700
Income Tax 10,100
<u>Bal C/d 43,800 </u>
43,800 43,800
<u> Equipment Account </u>
Debit Credit
Purchase 20,600
<u> Depreciation Account </u>
Debit Credit
DEp Charge 3600
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