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pickupchik [31]
3 years ago
10

the term used to describe the amount the company expects to receive for an asset at the end of its service life is

Business
1 answer:
djverab [1.8K]3 years ago
4 0

Answer: residual value (or salvage value)

Explanation:

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On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to Hsu Company. The terms of the not
k0ka [10]

Answer:

The journal entry would be:

Explanation:

Note: Options are missing so providing the journal entry.

The journal entry would be for recording the collection of the note is:

October 30

Cash A/c.........................Dr      $10,150

    Interest Revenue A/c.........Cr     $150

    Notes Receivable A/c.........Cr    $10,000

On October 30, the amount is collected so the any increase in cash is debited. Therefore, cash account is debited. And it is collected against a  notes Receivable  of $10,000 so it leads to decrease in liability, it is credited. Therefore, the notes receivable is credited. And the interest revenue is credited.

5 0
3 years ago
Identify the product produced by Vodacom​
nordsb [41]

Answer:

Internet, financial and security services.

4 0
3 years ago
Your business is launching a new product offering and plans to send an email notifying your customers of the launch. since your
aniked [119]
The simplest thing to do is to categorise your customers by their industries and send specified emails to a cluster of customers from each industry.  
4 0
3 years ago
The problem of a double coincidence of wants refers to A. poorlyminusmanaged companies producing what consumers want only by coi
bija089 [108]

Answer:

D. the necessity in a barter system of each trading partner wanting what the other has to trade.

Explanation:

Double confidence of wants was one of the shortcomings of the barter system.

For example, if someone wants corn and has yam. He has to find someone that wants yam and has corn to trade in order for a trade to occur.

The introduction of money solved this problem.

I hope my answer helps you

7 0
3 years ago
5. A firm currently produces its desired level of output. Its marginal product of labor is 400, its marginal product of capital
gizmo_the_mogwai [7]

Answer:

D.

Explanation:

Firms will hire more labor when the marginal revenue product of labor is greater than the wage rate, and stop hiring as soon as the two values are equal.

7 0
4 years ago
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