Answer:
The company should recognize d. $120,000 loss on disposal
Explanation:
Companies frequently sell plant assets to dispose them. To recognize gain or loss on disposal:
First, the company calculates the carrying amount of the asset by using the original cost of the asset, minus all accumulated depreciation and any accumulated impairment charges.
Then, subtract this carrying amount from the sale price of the asset. If the remainder is positive, it is a gain and if the remainder is negative, it is a loss
.
In Wonder Company:
The carrying amount of the asset = $720,000 - $360,000 = $360,000
Sales price - carrying amount of the asset = $240,000 - $360,000 = -$120,000 <0
The company should recognize $120,000 loss on disposal
Answer:
$3,849.87
Explanation:
The change in balance is the net of the receipts and the payments.
The receipts include the receivables and the interest paid by the bank while the payments include the outgoing expenditure and bank charge.
Balance change
= $16,590 - $12,730 -$12.50 + $2.37
= $3,849.87
I'm guessing this is True or False
If so, the answer is False.
Answer:
First of all, I would try to find out the main reason behind that conflict that why they cant work properly with each other in a team. After finding the root cause, I will try to find out the solution. While finding the solution, I will also find what are their common interests and domains, and then I will try to bring them closer to each other by mentioning their common areas. I will also manifests the reason that why they should work together, how they both can benefit from working in a harmony and synchronization. I will tell them that they both can win if they can work smoothly without having any conflict.
The market is up rn depending on what brands you trust and willing to invest in
