When there is the liquidation of fixed assets that are of use-value with cash collection, the accounts recorded are as follows <em>C. Increase income, reduce costs.</em>
- The income increases because of the cash collection from the liquidation. The fixed assets' accounts are credited (reduced) with the costs.
- Then debit the accumulated depreciation account with the amount of its balance. A new account called the <em>"Sale of Fixed Assets" account</em> opens.
- The <em>"Sale of Fixed Assets" account</em> is debited with the costs and credited with the accumulated depreciation and the cash proceeds from the disposal.
Thus, the difference is an increase in income (profit) if the credit side exceeds the debit side of the <em>"Sale of Fixed Assets" account</em>.
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A capital crime usually involves sever bodily harm, like murder. Infamous would equate more to scandalous.
Answer:
The behavior of the worker is an example of Independent self.
Explanation:
Independent self lays emphasis on internal and distinctive personal characteristics, in which one's self is seen as a unique individual and fundamentally different from others.
The Purpose of my life is, Helping others, and making sure everyone around me is happy!!
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Answer:
Antarctica is the only continent with no one living there.
Explanation: