Answer:
The correct answer is letter "D": a condition precedent.
Explanation:
Condition precedents are certain conditions that must be met or provided so that an agreement or contract can be signed. Structurally speaking, a condition precedent implies "A" action must take place so that action "B" can happen. In that case, "A" represents the condition precedent.
Answer:
The correct answer is B: $4,300
Explanation:
Giving the following information:
Howell Corporation purchased a new machine costing $27,600 on January 1, 2017. The machine is expected to have a $1,800 salvage value at the end of its useful life of six years.
Depreciation= (purchase value - salvage value)/ useful life
Depreciation= (27600 - 1800)/6= 4300
Answer:
B2C purchase made quickly and with little thought. routine buying decision. Process of communicating with potential customers in an effort to influence their buying behavior.
Explanation:
:)
These rights are known as property rights. Property rights allow a person to do what they want with their property, within regulation. These are included in the bundle of rights a time-share buyer has because they are allowed to use, sell, or rent their time-share.
Answer:
the amount of the adjustment for uncollectible accounts would be $11,040
Explanation:
The computation of the amount of the adjustment for uncollectible accounts would be given below:
= Account receivable × uncollectible percentage + debit balance of the uncollectible accounts
= $246,000 × 4% + $1,200
= $9,480 + $1,200
= $11,040
Hence, the amount of the adjustment for uncollectible accounts would be $11,040