Answer:
The answer is c.$200 paid for tune-up and oil change on delivery truck.
Explanation:
In the question, it is essential to identify whether a money amount paid for the operating/upgrading of fixed asset is recorded as cost or is allowed to be capitalized ( i.e recorded as increment in asset's value).
In general, when a money amount consumed on fixed asset has not been used-up within an accounting period and it is not part of frequent maintenance, for example for improving the quality thus the value of the asset and/or extending its useful life; put the asset to new position required for future production, then the amount should be capitalized to keep the new value of the asset up-to-date.
While cost incurred due to normal course of asset's operation and does not help to improve the asset's value, useful life, should be recorded as cost.
I would go with d because wouldn’t you times 35.00$ by 100
Answer:
Price Place Promotion Product
Explanation:
It is pretty self explanatory.
Roz represents a seller who has tentatively accepted a verbal offer for his home. Per Article 9 of the NAR code of ethics, Roz should make sure the agreement is in writing.
Article 9 of the NAR code of ethics says that whenever possible, assure that agreements are in writing. Also, apart from that, he agreement should be in clear and understandable language, expressing the specific conditions, terms, obligations and commitments of the parties.
It should also provide a copy of each agreement to each party upon their signing or initialing. So Roz should abide by the NAR code of ethics by making sure that the agreement is in writing.
Hence, it might be said that Article 9 is easy to understand but also easy to violate unless you take particular care to abide by its standards.
To learn more about NAR code of ethics here:
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APY is ALWAYS larger than APR.