A) accounts receivable
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Answer:
D. A credit to Other Financing Sources for $5,000.
Explanation:
As the equipment is used for governmental service and sold, the journal entry to record the disposal is as follows:
Debit Cash $15,000
Debit Accumulated Depreciation $30,000
Credit Equipment $40,000
Credit Gain on sale of equipment $5,000
Calculation: Book value of equipment = Cost price - Accumulated depreciation = $40,000 - $30,000 = $10,000
Therefore, Gain on sale of equipment = Disposal value - Book value = $15,000 - $10,000 = $5,000.
Therefore, option A is correct. Option B is also correct. Option C is also correct. Therefore, option D is not correct and it is the answer as it will not include in the journal.
Answer:
b. marketing concept era.
This era existed from 60's to 90's. And was called the 'baby boomer era'. This era was focused on satisfy the client and producing goods and services.
And in order to satisfy this they use strategies of marketing in order to attract the customers.
Explanation:
a. production era.
False. This era was from 1860-1920 since this era occurs during the Industrial revolution and not at the beginning of the second world war.
b. marketing concept era.
Correct. This era existed from 60's to 90's. And was called the 'baby boomer era'. This era was focused on satisfy the client and producing goods and services.
And in order to satisfy this they use strategies of marketing in order to attract the customers.
c. customer relationship era.
False. This era was from 1990-2010 and was focused in create long-term relationships. So then is not the correct option if we analyze the historical time.
d. selling era.
This era was from 1920 and 1940 and not correspond to the begin of the second world war so this one is not the correct option.
<span>salaries payable: (17,800/5)*2= 7,120 (credit)
salaries expenses: 7,120 (debit)</span>