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slamgirl [31]
3 years ago
6

An old computer having book value RS.10000 was sold for RS. 15009.journal entries?​

Business
2 answers:
slavikrds [6]3 years ago
7 0

Answer:

profit will come while selling book

IRISSAK [1]3 years ago
3 0

Answer:

profit will come why selling book

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During January 2017 General Fund supplies ordered in the previous fiscal year and encumbered at an estimated amount of $2,000 we
Norma-Jean [14]

Answer:

The correct answer is:

Expenditures—2017 in the amount of $200. (C.)

Explanation:

This scenario describes a record that was less than the actual amount spent on the General Fund supplies. The amount recorded was $2,000, meanwhile the actual amount spent was $2,000. This entails that an amount worth $200 was not recorded, hence it will be debited as expenditures, but the question now is where the debit will be recorded?

This review was done in January 2017, meaning that the income statement for the 2016 Fiscal year must have been balanced, hence the amount will be an expenditure recorded in 2017, but the particulars will have a description that it was a carried over expenditure from 2016. Therefore $200 will be debited from 2017 as expenditures.

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3 years ago
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a. True

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Since small business has lesser processes and paper work as compare to the larger organizations where formal procedures are in placed

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Answer:

A

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The acquisition method is used when a company is taken in by another company by using a merger, acquisition or through a consolidation.

Now, out of all the options presented, we can see that the selling price less the acquisition value is recorded as a realized gain or loss.

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Answer:

Letter D is correct. It studies how organizations develop human strengths, foster vitality, and unlock potential

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