Answer:
b. Debit to Cash
Explanation:
when cash is borrowed, the company recognizes an asset in form of cash however, this same transaction gives rise to a liability (a present obligation as a result of a past event) as the cash will be paid back later.
Hence the company debits cash and credits a loan account with the amount borrowed.
Initial cost = $197,000
Total net accounting income over three years = $18,200+$21,800+$22,900 = $62,900
Average annual accounting net income = $62,900/3 = $20,966.67
Accounting rate of return = Average net annual income / Initial cost = 20,966.67/197,000 = 0.106 = 10.6%
Since Accounting net income is lower than the required discount rate, the project is not viable.
Which accounting principle dictates whether the cost of a repair should be expensed?
d. matching
As per matching concept, All revenues have to be recorded along with expenses incurred to earn those revenues. Thus, revenues need to be accounted.
B. Superiority of certain races. Which often results in discrimination and prejudice towards people based on their race or ethnicity
Answer:
to understand one another personal opinion about each other.
Explanation:
let's say you trying to sell a product that helps people with feet problems. and you say no more foot pain hello to name give the product. people are going to show the empathy by saying the product should be more out their in the to get more sells or sample for the product be able work and get more of a review. and finally say how would they recommend to any other person who has foot problems all over the world. I hope this help a little bit.
