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3 years ago

PLEASE HELP ME!!!!!

Business

1 answer:

kiruha [24]3 years ago

7 0

Answer:

Pretext

Explanation:

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C. Harold wants to benefit from the franchisor's advertising expertise.

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3 years ago

On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the

lord [1]

Answer:

Explanation:

a)Purchase cost - 1,180,000

Useful life - 25

Annual depreciation = 47,200

Timeline - Jan 1 , 2014 - 2019 = 6 years

Accumulated depreciation = 47200*6=283,200

Carrying value at 2019 = (1,180,000 - 283,200)= 896,800

B) Annual cash flow - 400,000

Annual cash outflow - (295,000)

Net cash inflow= 105,000

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Since the net cash inflow is less than the carrying value , there is an impairment.

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Impairment loss = $375,198

At December 21.2019

2.) Debit impairment loss - $375,198

Credit equipment - $375,198

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4 years ago

Who created Hentaî?

mart [117]

<h2>I don't know! What is that? Hindi ko naman alam yan!</h2>

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3 years ago

The Corbit Corp. sold merchandise on account for, $7,200. Corbit Corp. utilizes the periodic inventory system. The cost of the m

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Answer:

Debit Accounts receivable 7,200

Credit Sales 7,200

Debit Cost of Merchandise Sold 3,950

Credit Merchandise Inventory 3,950

Explanation:

When Corbit corps sells merchandise on account it means that cash was not received for the transaction. So we debit accounts receivable (an asset account to indicate increase in amount receivable by us). A credit is now passed to sales to show increased sales.

On merchandise we debit cost of merchandise sold and credit Merchandise inventory (an asset account is credited to indicate reduction) to indicate merchandise has reduced.

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3 years ago

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The next step to be approached after the paper is written is that an individual should limit their topic and that they should make a purpose of the paper as this is a method that is effective when planning and making an effective essay or topic.

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3 years ago