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Serggg [28]
3 years ago
13

Which account is credited in a journal entry to record depreciation on machinery?

Business
1 answer:
nordsb [41]3 years ago
7 0

Answer:

To machinery a/c

Explanation:

machinery a/c is credited as the value of assets is decreased.

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A tax placed on environmentally harmful activities or emissions in an attempt to internalize some of the externalities that may
zvonat [6]

Answer:

Green Tax

Explanation:

Based on the information provided within the question it can be said that the term that is being described in the question is called a Green Tax. Like mentioned in the question this refers to a tax that is placed on environmentally harmful activities or emissions and is done so with the intention of promoting environmentally friendly activities by punishing opposite actions.

4 0
3 years ago
The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its n
Dmitrij [34]

Answer:

$9,600,000

Explanation:

The computation of the projected operating cash flow is given below:

= EBIT × (1 - tax rate) + depreciation expense

where

EBIT should be

= $20,000,000 - $8,000,000 - $6,000,000

= $6,000,000

Now the operating cash flow should be

= $6,000,000 × (1 - 0.40) + $6,000,000

= $3,600,000 + $6,000,000

= $9,600,000

4 0
3 years ago
During the recession of 2008-2009, the administrations of Presidents George W. Bush and Barack Obama flooded several banking, fi
Jobisdone [24]

Answer:

The answer is: C. The trend toward mostly capitalist nations to move toward socialism.

Explanation:

Capitalism is an idea that favors free markets, but 100% pure capitalism will never exist. The same happens to socialism, no country is 100% socialist. All the countries in the world are mixed between capitalism and socialism but on different percentages.

For example, in a true capitalistic nation no government could exist since no taxation would be allowed. Governments function with the money of their citizens collected through taxes, but theoretically in a free market taxes don't exist. Currently the US and China are involved in a "trade war" which includes import tariffs, which should not exist according to capitalism.

I'm not sure, but I believe there are no pure socialist countries in the world and they probably have never existed either. Not even the Soviet Union was a pure socialist country and China has become the biggest defender of capitalism in the world.

5 0
3 years ago
Job order costing and process costing are a.cost flow systems b.inventory tracking systems c.cost accounting systems d.pricing s
Schach [20]

Answer:

The answer is  c.cost accounting systems

Explanation:

3 0
4 years ago
Aarp expects agents offering aarp-branded products to demonstrate five key behaviors when interacting with customers. Aarp wants
Andre45 [30]

Answer: Effortless and inspiring

Explanation:

3 0
3 years ago
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