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solong [7]
2 years ago
13

A company bought a computer for$1,500. Three years later, the computer was sold for $300.

Business
1 answer:
madam [21]2 years ago
6 0

The accounts that will be used to record the disposal of the assets are Gain/loss on sale of asset and Sales Income

<h3>What is a disposal account?</h3>

A disposal account calculates the gain or loss account that appears in the income statement.

The disposal account records the difference between the disposal proceeds and the net carrying amount of the fixed asset being disposed of.

Hence, the account that will be used to record the disposal of the assets is Gain/loss on sale of asset and Sales Income

Read more about assets disposal

<em>brainly.com/question/1357713</em>

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1. The personal representative of a decedent is known as an executor.

2. In a situation where the decedent does not have a valid will, the court-appointed representative who supervises the probate process is called an <u>administrator</u>.

<h3>What is the probate process?</h3>

The probate process refers to the formalized legal process followed to recognize a will and appoint the executor or administrator (as the decedent's personal representative) to administer the estate and distribute assets to the intended beneficiaries.

The executor or administrator is responsible for supervising the probate process and settling the estate of the deceased or decedent.

Thus, whereas, the personal representative of a decedent is called an <u>executor</u> with a valid will, they are known as <u>administrators</u> when the court appoints them to the office.

Learn more about administering a will at brainly.com/question/25694947

4 0
3 years ago
Which of the following statements describes the relationship between employee training and employee development?
nata0808 [166]

Answer: Training is short-term skills oriented while development is long-term career oriented.

Explanation:

The statement that best describes the relationship between employee training and development, from the available options in the question is:

Training is short-term skills oriented while development is long-term career oriented.

This statement is true because, trainings cover a short period of time, aimed at improving the employees expertise on a particular area while development is a long term activity, which monitors the employee's growth and improvements in different aspects of their job delivery.

8 0
3 years ago
If the U.S had been poor in natural resources, how would industrialization have been affected?
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Without an abundance of natural resources, the US could never of have achieved industrialization at the pace or scope it did. United States of American will then have l<span>ess wealth, less industry, and slower growth. Thank you for posting. Hope it helps :)</span>
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The set of skills composed of understanding yourself, managing yourself, and dealing effectively with others is called
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4 years ago
What is the legal business name of a sole proprietorship
I am Lyosha [343]

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Explanation:

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