When there is the liquidation of fixed assets that are of use-value with cash collection, the accounts recorded are as follows <em>C. Increase income, reduce costs.</em>
- The income increases because of the cash collection from the liquidation. The fixed assets' accounts are credited (reduced) with the costs.
- Then debit the accumulated depreciation account with the amount of its balance. A new account called the <em>"Sale of Fixed Assets" account</em> opens.
- The <em>"Sale of Fixed Assets" account</em> is debited with the costs and credited with the accumulated depreciation and the cash proceeds from the disposal.
Thus, the difference is an increase in income (profit) if the credit side exceeds the debit side of the <em>"Sale of Fixed Assets" account</em>.
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Attending this event is an example of a potentially beneficial non-professional interaction.
It is definitely non-professional because he will be attending the party outside of his working hours, when he is no longer a counselor, but rather a man called Miguel who can be considered as a friend to this couple, given that they've been seeing him for 20 years and he has been one of the people responsible for their good marriage.
Answer:
The bullwhip effect.
Explanation:
This effect ocurs when a company orders more goods to meet the anticipated new demand. It happens because the demand for goods is based on demand forecasts from companies, rather tah actual consumer demand. (They end with a lot of storage and no one is buying, in this example.)
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Answer:
D. The system allowed the Spanish to use the natives as laborers and basically slaves
Explanation:
