Answer:
Corrected Entry
Depreciation Expense$5,500 Dr
Income Summary $5,500 Dr
Accumulated Depreciation – Equipment $11,000 Cr
Explanation:
Entry Posted
Accumulated Depreciation – Equipment $5,500 Dr
Income Summary $5,500 Cr
Required Entry
Depreciation Expense$5,500 Dr
Accumulated Depreciation – Equipment $5,500 Cr
Corrected Entry
Depreciation Expense$5,500 Dr
Income Summary $5,500 Dr
Accumulated Depreciation – Equipment $11,000 Cr
This entry is made to correct the actual entry done. In this entry the depreciation expense is debited and accumulated Depreciation is credited with twice the original value to counter effect the wrong entry . Also income summary is debited with the amount wrongly credited.
Answer:
b. maximum amount of output that can be produced given the labor force, capital stock, and technology.
Explanation:
GDP refers to the gross domestic product which reflects the finalized value of the goods and services produced domestically
On the other side, the potential GDP refers to the maximum level of output that can be produced by considering the labor force, capital stock, technology by taking the constant inflation rate
Therefore option b is correct
Answer:Distinguished Level of Achievement is when students complete the foundation plan with endorsement (26 credits) and their course work includes Algebra II as one of the math courses.
Explanation: sorry if its wrong
Where’s the other answer choices?
Answer: 1.13
Explanation:
New Beta = Beta + Increase in beta per portfolio
Increase in beta as a result of purchase of new stock
= New stock beta - sold stock beta
= 1.5 - 0.5
= 0.5
Increase in bet per portfolio
= 0.5/18 stock
= 0.02778
New Beta = 1.1 + 0.02778
= 1.12778
= 1.13
