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2 years ago

Оом до4FL001nsndndndnndnxndndnnxnxncncncncnncnncncncncnncncncncncncnvncncncncn

Business

2 answers:

alisha [4.7K]2 years ago

8 0

Answer:

what? is it I cant really read that lol

frozen [14]2 years ago

4 0

Answer:

jihdsdbhdsbjndbdsbsd

Explanation:

You might be interested in

Which of the following combinations of monetary and fiscal policies would have the GREATEST effect on fighting inflation?

AVprozaik [17]

increase the prime lending rate and decrease government spending

7 0

2 years ago

Charleston, Inc. has Accounts Receivable of $170,000 and an Allowance for Doubtful Accounts of $11,000. If it writes-off a custo

Romashka [77]

Answer:

$159,000

Explanation:

The double entry to record the writes off balances which are the bad debts of Customers who will not pay the debt, will include debit to allowance which is decrease in the allowance and credit to accounts receivable which is also a decrease to accounts receivable:

Dr Allowance for doubtful account $1,100

Cr Accounts Receivable $1,100

Similarly the increase in Allowance for Doubtful Accounts of $11,000 will be treated totally opposite of the decrease in Allowance for Doubtful Accounts above:

Dr Accounts Receivable $11,000

Cr Allowance for doubtful account $11,000

Now, the increase in allowance is deducted from opening accounts receivables and vice versa. The treatment is given below:

Opening balance of Accounts receivables $170,000

Accounts Receivable ($1,100)

Allowance for Doubtful Debt ($11,000 - $1,100) $9,900

Accounts Receivable (Net) $159,000

5 0

2 years ago

Colorado Mountain Mining paid $ 896,900 for the right to extract mineral assets from a 500,000-ton deposit. In addition to the

Zepler [3.9K]

Answer:

(a) The asset would be recorded in accordance to IAS 16 Property, plant & equipment.

Dr Mining Asset 896,900

Cr Bank 896,900

(b) IAS 16 says that the costs incurred to make the asset ready for use must be capitalized as part of the asset. This means the license fee $1000 filing fee, License fee $2100 and $50,000 amount paid for geological survey must be capitalized. So the entry is as under:

Dr Mining asset (1k+2.1k+50k) $53,100

Cr Bank $53,100

(c) This assets must be depreciated on the basis of tons of minerals extracted which is 60 thousands tons in the first year.

Depreciation Expense = (60k tons / 500k tons) * (Total capitalized cost)

=(60,000/500,000) * (896,900+53,100) = $108,000

The Double entry of Depreciation Expense would be as under:

Dr Depreciation Expense $108,000

Cr Accumulating Depreciation $108,000

3 0

2 years ago

Why did the artist, Pablo Picasso, become wealthy during his lifetime and the artist, Vincent van Gogh, remain poor his entire l

Harman [31]

The reason that Pablo Picasso, become wealthy during his lifetime and the artist, Vincent van Gogh, remain poor his entire life:

Pablo Picasso and Vincent van Gogh had more features in common. They had unanimously indistinct style of arts which had become immediately identifiable.

In spite of all that, Picasso died as a rich man owning an estate which is estimated at nearly 750 million dollar whereas Van Gogh died as a pauper.

Studies claim that the reason behind this would be that, Van Gogh remained to be a loner and socially inactive. He was depending on his brother to meet the social world and in contrast Picasso was a charismatic active member in various social clubs where her had multiple number of contacts and connections.

It's been said that Pablo Picasso was a hub who had a vast network of social lines and Vincent Van Gogh was a silent or solitary node.

But now, the paintings of both the greatest artists were well spoken and sell for more than 100,000,000 US Dollars.

5 0

3 years ago

In some games, one player or firm moves first and commits to a strategy to which the rival player or firm will subsequently resp

Leni [432]

Answer:

C. sequential games.

Explanation:

Game theory is the learning of analytical types of mediation, ambivalence, and interaction between people, corporations, and governments. In-game theory, a sequential game means any game where an individual contestant picks their move before rest of the performers pick theirs. Importantly, the following performer's necessity has fascinating erudition regarding the first's selection, contrarily, the variation in period would have no strategic effect.

8 0

3 years ago

Оом до4FL001nsndndndnndnxndndnnxnxncncncncnncnncncncncnncncncncncncnvncncncncn​

Оом до4FL001nsndndndnndnxndndnnxnxncncncncnncnncncncncnncncncncncncnvncncncncn