An account which is an example of an equity is: C. common stock.
<h3>What is an
equity account?</h3>
An equity account can be defined as a financial portrayal of ownership interests in a business firm, which may come from the business's earnings or payments made by stockholders and owners such as:
- Additional paid-in capital
This ultimately implies that, common stock is an account which is an example of an equity.
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An example of a distance learning includes the on-line education and correspondence courses.
<h3>What is a
distance learning?</h3>
These involves a method of studying where the student are not needing to attend a school or college.
Hence, an example of a distance learning includes the on-line education and correspondence courses.
Therefore, the Option C is correct.
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Answer: B
Explanation: Functional component because if a management is selling a car and things are breaking down after a costumer has received it, the functional team should triple check and make sure it’s functional to sell.
Answer:
d. globalization
Explanation:
-Industrialization is the process of transforming an economy to focus on the manufacturing activity.
-Neoliberalization is a process that has the goal of transfering control of the economic factors to the private sector and it involves: free market trade and fewer regulations in the financial markets.
-Migration refers to the movement of people from one place to another one to work and live.
-Globalization is the process in which technology, information, people, jobs are shared through borders and it has generated more integration between people and cultures around the world.
According to this, the process that has intensified the exchange and diffusion of people, ideas, and goods worldwide, creating more interaction and engagement among cultures is globalization.
In the consolidation eliminating entries for 2021, the equipment account (gross cost) is reduced by a net amount of <u>$340,000</u>.
<u>Explanation</u>:
<em><u>Given</u></em>:
Selling cost of equipment = $520,000
Original cost of the equipment = $200,000
Depreciation of asset = $20,000
The net amount of the Equipment = Original cost - Accumulated Depreciation
The net amount = $200,000 - $20,000 = $180,000
The Profit on Sale of the Equipment = Selling cost - The net amount
= $520,000 - $180,000
= $340,000
The equipment account (gross cost) is reduced by a net amount of <u>$340,000
</u>.