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otez555 [7]
3 years ago
7

A depreciation adjustment would include a debit to _____________________ and __________________________ to _______________

Business
1 answer:
iragen [17]3 years ago
6 0

Answer:

Depreciation Expense, Credit, Accumulated Depreciation.

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Tower Inc. owns 30% of Yale Co. and applies the equity method. During the current year, Tower bought inventory costing $66,000 a
Murrr4er [49]

Answer:

the amount deferred by tower as intra-entity gross profit: 3,240

Explanation:

120,000 sales with a cost of 66,000

remains at year-end:

 24,000 with a cost of:  66,000/120,000 x 24,000 = 13,200

gross profit: 24,000 - 13,200 = 10,800

For this rgoss profit we are going to deferre the 30%;

10,800 x 30% =  3,240

4 0
3 years ago
When does the price of an item increase?
kirza4 [7]

Answer:

WHEN TAXES GET HIGH

Explanation:

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7 0
3 years ago
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Jeff purchased​ $550 of goods and received credit terms of​ 5/15, n/30. How much did he pay if payment was made during the disco
Stells [14]

Answer:

$522

Explanation:

Calculation to determine How much did he pay if payment was made during the discount​ period

Amount paid =$550-(5%*$550)

Amount paid=$550-$28

Amount paid=$522

Therefore the amount he will he pay if payment was made during the discount​ period is $522

7 0
3 years ago
What is the difference between<br> a traditional economy and<br> a market economy?
Triss [41]

Answer:

Explanation:

A traditional economy is one which doesn't operate under a profit motive.

Instead, it emphasizes the trading and bartering of products and services that enable participants to subsist in a specific region, community and/or culture. Largely, traditional economies are a way of life in underdeveloped countries that rely more on old-fashioned economic models like farming or hunting than on newer-age modes like industry and technology.

Capitalist

Historically, these societies leverage market forces, such as supply and demand, with a strong motivation to earn a profit, to shape their economic models.

8 0
3 years ago
Randall describes his job this way.
julia-pushkina [17]

Answer:

I am pretty sure it is maintenance/ operations

Explanation:

Because he is going and making sure stuff is working right, and fixing them if they are not.

7 0
3 years ago
Read 2 more answers
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