Answer:
$16,400
Explanation:
Depreciation for 2020 is calculated as;
= (Cost - Nill value) × 50% × 6/12[July to December)
Given that ;
Cost = $65,600
Depreciation = ($65,600 - 0) × 0.5 × 6/12
Depreciation = $16,400
Therefore, depreciation for 2020 is $16,400.
Answer:
Adjusting entry
Date Account Title Debit Credit
Interest receivables $4,000
($600,000*8%*1/12)
Interest revenue $4,000
(To record accrued interest on note)
<span>Commercialization, is the stage in new product development, is the full introduction of a complete marketing strategy and the launch of the product for commercial success.After that only we can come to know whether the product is commercially successful or not.when the product is commercially successful one can go for full-scale production of the product.</span>
It might be a good idea to expand or upgrade a firm's human capital base during a downturn, because unemployment is high and therefore human capital is abundant and wages usually fall.
Social scientists refer to personal qualities seen to be helpful in the manufacturing process as "human capital." It includes the education, health, and knowledge of the workforce.
The information, skills, and health that people invest in and amass throughout the course of their life give them the opportunity to realize their potential as contributing members of society.
Learn more about human capital here
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