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melisa1 [442]
3 years ago
8

A company changes from the straight-line method to an accelerated method of calculating depreciation, which will be similar to t

he method used for tax purposes. The entry to record this change will include a
Business
1 answer:
oee [108]3 years ago
4 0

Answer: c. credit to Accumulated Depreciation.

Explanation:

When using the accelerated method of depreciation, depreciation amounts are higher in the earlier years unlike the straight-line method where depreciation is constant throughout the life of the asset.

The difference between the depreciation according to Straight-line and depreciation will be sent to the accumulated depreciation account as a credit to reflect the change and the depreciation for the period.

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What is the relationship between data, information and an information system
kap26 [50]

Explanation:

Information consists of data that has been organized to help answer questions and to solve problems.

An information system is the software that helps organize and analyze data. The purpose of an information system is to turn raw data into useful information that can be used for decision making.

5 0
3 years ago
A tax of €1.00 per litre on petrol
Anni [7]

Answer:

The correct answer is option a.

Explanation:

If a tax worth €1.00 per liter on petrol is imposed it will create a tax wedge of €1.00 between the price the buyers pay and the price the sellers receive.

A tax wedge can be defined as the deviation from the equilibrium price and equilibrium quantity due to the imposition of taxes.

When a tax is imposed on a product, the consumer and producer both have to share the tax burden. The price paid by the consumers increases and the price received by gets reduced.

The quantity of product gets reduced as well.

3 0
4 years ago
What did the CAN-SPAM Act of 2003 do?
Rufina [12.5K]

The Can Spam Act of 2003 is a widely used name for the United States Federal law known as S. 877 or the "Controlling the Assault of Non-Solicited p**n**graphy and Marketing Act of 2003." The Can Spam Act allows courts to set damages of up to $2 million when spammers break the law.




Hope this answers your question :D  



BTW this is my first answer


3 0
3 years ago
Main cause fir collision 2 words
fomenos
Are you talking about car collision? If you are the answer would be drunk driving and/or distracted driving which both fall under the same category.
5 0
3 years ago
Suppose all assets and liabilities can be split into two categories: fixed-rate and variable-rate. Bank profits will decline fol
morpeh [17]

Answer:

c. fixed-rate assets is greater than the value of its fixed-rate liabilities.

Explanation:

In the case when the rate of interest is reduced than the profit of the bank is increased. Also this case applied when the variable rate assets is less than the variable rate liabilities or the fixed rate of the asset is more than the fixed rate liabilities as in the given case the rate of interest would fallen the interest i.e. paid out that reduce more than the reduction in the interest income

Hence, the option c is correct

6 0
3 years ago
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