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Zina [86]
3 years ago
15

Miss Hap, the company bookkeeper, recorded the annual repair costs on the company's machinery as an increase to the Machinery ac

count. As a result, which of the following statements correctly describes this situation?
A. Expenses will be overstated.
B. Liabilities will be overstated.
C. Stockholders' equity will be understated
D. Assets will be overstated.
Business
1 answer:
ololo11 [35]3 years ago
6 0

Answer:

D

Explanation:

Repairs shouldn’t be recorded to the equipment (asset) account but should be recorded as an expense instead.

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The primary purpose of _________ behaviors is to enhance employees’ skills and to create positive work relationships among cowor
LiRa [457]

Answer:

relationship-oriented

Explanation:

The relationship oriented refers to building a good relation with the employees so that they gets the motivation that results the improvement in their work by giving their best effort to complete a task

Here, to enhance the employees skills and building a positive relation among coworkers represents the relationship-oriented and the same is to be considered

5 0
2 years ago
You and your friend are traveling home, you discuss how each of you might otherwise have used the four hours devoted to attendin
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An opportunity cost is characterized as the estimation of a forgone action or elective when another thing or action is picked. Opportunity cost becomes possibly the most important factor in any choice that includes a tradeoff between at least two alternatives. It is communicated as the relative cost of one option as far as the next best option.  


6 0
3 years ago
I need help starting this ​
Nesterboy [21]

Answer:

?

Explanation:whats the subject

4 0
3 years ago
Accourding to the quantity theory of money all countries with the same average annual rates of inlfation must also have the same
xz_007 [3.2K]

True According to the quantity theory of money, if the amount of money in an economy doubles, all else equal, price levels will also double.

Definition: The quantity theory of money states that the money supply and price level in an economy are directly related to each other. When the money supply changes, the price level changes proportionally, and vice versa.

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4 0
1 year ago
(a) Where the parent company does not hold 100 percent equity of the subsidiary company, what portion of the intra-group transac
emmainna [20.7K]

Answer:

Follows are the solution to this question:

Explanation:

In point a:

If the parent firm doesn't hold the conglomerate's equity stake, depreciation expense acknowledged by the parent company's owner and expenditures shall be removed throughout the consolidated statement of financial position. Its combined cash flow deletes debts previously recognized as assets for both the parent corporation and as debts for all the subsidiaries to offer a real and equal view. All the intragroup balance should be removed to avoid double-counting of financial assets resulting from payments in between the group's members.

In point b:

If a parent company has a stake in a subsidiary that is called noncontrolling interest over 50%, but less than 99 percent. Its parent company shall report a different non-controlling interest line on the income statement and revenue report to reveal its noncontrolling interest.

In point c:

Its Group of non - management Concerns may not claim responsibility mostly on a share of a benefit, doesn't have any influence from over parent's decision. Intra-group payments in a word-level shall be removed.

In point d:

Its NCI share of the opening in net assets of the subsidiary + NCI share of even an amortization fair value + NCI profits due to NCI - (dividend payable to the noncontrolling shareholder) = unlawful interest at the date of the merger is three steps for the calculation of total the uncontrol value.

7 0
2 years ago
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