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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Answer:
That's because those who volunteer when they're young are more likely to become philanthropic adults invested in their communities.
Explanation:
Participation in volunteer and civic opportunities from an early age instills empathy, inspires a sense of citizenship, and helps youth find pathways to meaningful education and work.
Answer:
a could be it but also b be i would pick a cause when u run your breathing dose not really change if u stop it kinda stays the same if uk what i mean so i would go with a
Explanation: yw
True monotheistic means only one god.
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