1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aev [14]
3 years ago
8

These are selected 2022 transactions for Pronghorn Corporation:

Business
1 answer:
Nataly [62]3 years ago
5 0

Answer:

December 31, 2022, amortization expense of copyright

Dr Amortization expense 19,500

    Cr Copyright 19,500

December 31, 2022, amortization expense of patent

Dr Amortization expense 10,000

    Cr Patent 10,000

No journal entry required for the Goodwill since its useful life is indefinite

You might be interested in
Why was it sometimes difficult to balance a checking account to a statement?
Juliette [100K]
Because sometimes the check written after the statement closing dates.

Lets say a company do a closing statement on December 26.

 A check written between that date until the end of period ( December 26 - December 31), that transaction simply won't appear on the book because the company already closed the statement on December 26
6 0
3 years ago
The banking system in the united states is referred to as a fractional reserve banking system because?
zhuklara [117]

The banking system in the United States is referred to as a fractional reserve bank system because banks hold a fraction of deposits on reserve.

The Reserve bank of India chiefly referred to as RBI is India's valuable financial institution and regulatory frame chargeable for the regulation of the Indian banking gadget. It is below the possession of the Ministry of Finance, authorities of India. It's miles chargeable for the manipulation, difficulty, and maintaining delivery of the Indian rupee.

The reserve bank acts as a regulator and supervisor of the general financial system. This injects public self-belief into the countrywide economic gadget, protects hobby costs, and gives wonderful banking alternatives to the general public. Subsequently, the RBI acts as the company of countrywide forex.

The Federal Reserve Banks are installed like private corporations. Member banks keep stock inside the Federal Reserve Banks and earn dividends.

Learn more about reserve bank here brainly.com/question/25812353

#SPJ4

5 0
2 years ago
When is a wrecker considered to be an emergency vehicle
RoseWind [281]

I believe the answer is: its emergency lights are flashing

When is emergency lights are flashing, the wrecker would most likely driving toward the area where accidents happen, and they would be used to drag out ruins or the heavy vehicles that collided on the sites. Because of this, we need to provide space for the wrecker to pass if it shows its emergency lights.

4 0
3 years ago
Read 2 more answers
Professor jennings claims that only 35% of the students at flora college work while attending school. dean renata thinks that th
hodyreva [135]
The data iuse
<span>use a 5% level of significance. Very yes</span>
4 0
3 years ago
China is a highly efficient manager. This implies that she:________ a. minimizes the amount of input resources without compromis
devlian [24]

Answer:

a. Minimizes the amount of input resources without compromising quality.

Explanation:

Efficiency is when productive resources are measured inorder to achieve goal. Task are performed at its best with the least cost and less energy in measuring efficiency

Effectiveness measures goals completeness selected by managers for the organization. It means doing the right thing as expected of the organization.

For China to be efficient, she must minimize the amount of input resources without compromising quality. An efficient manager must perform a task qualitatively with the available resources, least cost and in the best way possible.

8 0
3 years ago
Other questions:
  • When women are chosen for leadership positions over units or departments in crisis, this is breaking the glass cliff, because wo
    15·1 answer
  • Cost of merchandise sold reported on the income statement was $155,000. The accounts payable balance increased $8,000, and the i
    11·1 answer
  • When selecting the best alternative in a cost-benefit analysis, what are the issues to be considered?
    5·1 answer
  • The type of credit card you want to pay in full on time every time is...
    12·2 answers
  • Which of the following types of investment
    7·1 answer
  • The Collins Company uses predetermined overhead rates to apply manufacturing overhead to jobs. The predetermined overhead rate i
    7·1 answer
  • A random sample of 81 automobiles traveling on a section of an interstate showed an average speed of 60 mph. The distribution of
    7·1 answer
  • What is used to create an application that is helpful in designing business process models and also helpful in simulating, optim
    15·1 answer
  • A worker who, after unsuccessfully seeking employment for some time, becomes frustrated and stops actively seeking work is refer
    15·1 answer
  • According to the sarbanes-oxley act, who is responsible for the corporation's financial statements?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!