Answer:
C) Gasoline was rationed in America during World War II
Explanation:
Scarcity is the situation where there is no human control over the demand and supply of the goods and services. Shortage is the situation which is under the control of human.
As if there is shortage more can be supplies but if there is a scarcity of a resource then it is a natural process which takes time or there are certain political and economic situations which lead to scarcity.
Answer:
Explanation:
The journal entry is shown below:
Loss on impairment A/c Dr $140,400
To Accumulated impairment loss A/c $140,400
(being the impairment loss is recorded)
The computation is shown below:
= Carrying value of the equipment - fair value of the equipment
where,
Carrying value of the equipment would be
= Cost of the equipment - accumulated depreciation
= $1,053,000 - $444,600
= $608,400
So, the loss would be
= $608,400 - $468,000
= $140,400
1/2
1/2
1
1
3/5
2/3
1/4
1/6
5/6
2/3
1/2
4/5
Answer: Report showing exceptions and control totals.
Explanation:
Batch processing system has to deal with input controls showing exceptions and how invoiced are processed on each batch.
The batch processing system helps make it easier to notify invoices automatically as customers get items.
