Disposal of an Operating Asset Jolie Company owns equipment with a cost of $297,500 and accumulated depreciation of $139,825. Required: Prepare the journal entry to record the disposal of the equipment on April 9 assuming: 1. Jolie sold the equipment for $176,600 cash. If an amount box does not require an entry, leave it blank. Apr. 9 Accumulated Depreciation Cash Gain on Disposal of Property, Plant, and Equipment Feedback 2. Jolie sold the equipment for $146,600 cash. If an amount box does not require an entry, leave it blank. Apr. 9 Accumulated Depreciation Cash ✓ Loss on Disposal of Property, Plant, and Equipment
Answers
1. Apr. 9 Accumulated Depreciation $139,825 Cash $176,600 Gain on Disposal of Property, Plant, and Equipment $17,775 2. Apr. 9 Accumulated Depreciation $139,825 Cash $146,600 Loss on Disposal of Property, Plant, and Equipment $11,025
1. Jolie sold the equipment for $176,600 cash:
Apr. 9
- Debit Accumulated Depreciation: $139,825
- Credit Equipment: $297,500
- Debit Cash: $176,600
- Credit Gain on Disposal of Property, Plant, and Equipment: $18,925
2. Jolie sold the equipment for $146,600 cash:
Apr. 9
- Debit Accumulated Depreciation: $139,825
- Credit Equipment: $297,500
- Debit Cash: $146,600
- Debit Loss on Disposal of Property, Plant, and Equipment: $11,075
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Related Questions
What is another term for liability?
A. asset
B. notes
C. debt
D. accounts
Answers
Answer:
Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3
Explanation:
:3
will believes a car is a car, and it doe not matter where you buy it - he is still simply buying a method of transportation. how should a marketer respond to will’s beliefs?
Answers
As a marketer, it's important to understand that not everyone perceives products and services in the same way. While Will may believe that a car is simply a method of transportation, there are many other factors that influence a customer's decision to purchase a vehicle.
First, it's important to acknowledge that Will has a valid point and that the primary function of a car is to provide transportation. However, there are many other factors that come into play when deciding on a car, such as brand reputation, styling, comfort, and safety features.
To respond to Will's beliefs, the marketer should emphasize the added value that comes with purchasing a car from a particular brand or dealership. For example, the marketer could highlight the exceptional customer service and high-quality maintenance services offered by the dealership, or the brand's commitment to safety and cutting-edge technology.
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What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answers
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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What are the primary barriers facing the Santa Clara Pueblo in the fall of 1997 as they attempt to assert their claim to 9, 100 acres in the northeastern corner of the Baca Ranch? How would you characterize their relationship with the Forest Service and Senators Domenici and Bingaman in the fall of 1997, and how effective are the Santa Clara in advancing their interests by asserting their rights to the land?
Answers
I can provide general information about the primary barriers that Indigenous communities often face when asserting land claims and the challenges they may encounter in their relationships with government agencies and political representatives.
Legal and Historical Challenges: Indigenous communities often face legal barriers when asserting land claims due to complex historical factors, including broken treaties, inadequate recognition of their land rights, and conflicting legal interpretations. The Santa Clara Pueblo may have encountered legal hurdles and the need to establish historical evidence to support their claim.
Resource Exploitation and Economic Interests: Land claims often involve conflicts with economic interests, such as resource extraction, development projects, or private ownership. Competing economic interests may create resistance or opposition to Indigenous land claims, making it challenging for communities like the Santa Clara Pueblo to assert their rights.
Bureaucratic and Administrative Obstacles: Government agencies, such as the Forest Service, can present administrative hurdles and bureaucratic processes that impede progress on land claims. This can include lengthy legal procedures, regulatory requirements, or lack of clarity in government policies related to Indigenous land rights.
Political Dynamics and Representation: Indigenous communities often need political support to advance their land claims. The relationship between the Santa Clara Pueblo and Senators Domenici and Bingaman may have influenced their ability to assert their rights effectively. The level of engagement, support, or opposition from political representatives can have a significant impact on the outcomes of land claim disputes.
Cultural and Social Factors: Indigenous communities face unique cultural and social challenges when asserting land claims. These may include preserving cultural heritage, protecting sacred sites, maintaining traditional land use practices, and ensuring the well-being of their communities. Cultural factors can play a significant role in shaping their relationship with government agencies and political representatives.
It is important to note that the effectiveness of Indigenous communities in advancing their land rights varies depending on the specific circumstances, legal frameworks, political climate, and support networks available to them. Each case is unique and requires careful examination to assess the progress made in asserting land claims.
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A witness statement is a primary source.
✅True
- False
Answers
Answer: true
Explanation:
Answer: E esa mfvk,mvg b fedv bgfmdv gbfrecmbg v
Mary is earning a weekly salary of $521.60 as a payroll clerk. She has accepted a new assignment in the tax-processing department. In her new position, she will be paid an annual salary of $30,534.00. How much more would she earn per week in her new position?
Answers
Answer:
$65.60
Explanation:
Mary's current is $521.60.
In her new position, she will be earning $30,534.00. Her new weekly income will be as follows. Assuming one year has 52 weeks.
New pay = $30,534.00/ 52
New pay =587.20
In her new job, she will earn more by( $587.20 - $521.60.) =$65.60
=$65.60
Elizabeth works for a local restaurant at the end of her shift she is required to write in the time that you arrive in the time she is leaving so that she can be paid appropriately today Elizabeth was 15 minutes late for work what would be the most ethical thing for Elizabeth to do
Answers
Answer:
Elizabeth would have to write the time she came in. If she lies, she's indirectly robbing the restaurant of it's money.
Explanation:
why would a mortgagee (beneficiary) have an appraisal on the property?
Answers
A mortgagee would have an appraisal on the property in order to ensure that the property is worth the amount of the loan and to mitigate any potential financial loss.
A mortgagee (beneficiary) may require an appraisal of the property to ensure that the property is worth the amount of the loan, thereby mitigating any potential financial loss. This is particularly important in cases where the property is being used as collateral for the loan. The appraisal will evaluate the condition and value of the property and provide an estimate of its fair market value.The mortgagee may also require an appraisal in cases where the borrower is seeking a loan modification or refinance. In these cases, the appraisal will determine the current market value of the property, which will help the mortgagee determine whether the borrower qualifies for the loan modification or refinance.
In summary, the appraisal helps protect the mortgagee's financial interest by ensuring that the property is worth the amount of the loan and providing an estimate of the fair market value.
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A budget is prepared as part of a(n) _____ plan.
Answers
Answer:
Financial
Explanation:
Answer:
A budget is part of a financial plan.
Explanation:
Financial work is anything having to do with money, and a budget is a plan for spending money. Therefore, budgets are part of a finance plan!!
a multinational company that sells financial consulting services to consumers focused on wealth accumulation and economic independence is evaluating potential markets for entry. which political dimension should the company identify in its prospective market before entry, in order to increase the likelihood of selling its services?
Answers
A multinational company that sells financial consulting services to consumers focused on wealth accumulation and economic independence evaluating potential markets for entry, Individualism should the company identify.
Wealth accumulation is the process of collecting cash, properties, or other things that gradually increase a person's net worth. By making investments and actively profiting from them, one can achieve this. Most people want to live in financial security, especially after retirement. Because it enables you to save for retirement, generates income while you sleep, and preserves family assets that can be passed down to future generations, wealth accumulation is crucial.potential markets are people who are interested in your goods but have not yet made a purchase. This is a market you have not yet addressed. Brands that increase their product offerings can draw in and acquire previously untapped demographics. The population that is likely to be interested in the good or service that a business is producing or providing is known as the potential markets.
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Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 400,000 Variable expenses 220,000 Contribution margin 180,000 Fixed expenses 120,000 Net operating income $ 60,000 What is total contribution margin if sales volume increases by 30%?
Answers
Total contribution margin is $234000
Contribution is the value of sales less variable cost of sales
Contribution margin= Sales revenue - variable cost of sales
180,000 =$400,000-220,000
If sales increase by 30%, total contribution will also increase by the same percentage because the variable cost is linear
Total contribution margin = 130%×180,000
=$234000
So, the Total contribution margin is $234000.
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The current spot exchange rate is S0$/€ = $1.10/€ and the one-year forward rate is F1$/€ = $1.11/€. The prime rate in the United States is 5 percent.
What is the prime rate in euros if the international parity conditions hold?
If this annual forward premium persists into the future, what should be the euro's value in five years?
Suppose interest rates in euros are currently 5.7 percent. How much profit can you generate through covered interest arbitrage? Remember that arbitrage means that you make a profit with zero investment and zero risk. Zero investment means that you need to borrow money to initiate the arbitrage. Suppose you initiate the arbitrage strategy borrowing 1 million monetary units of the appropriate currency.
Answers
The prime rate in euros is 5% if international parity conditions hold. If the forward premium persists, the euro's value in five years would be $1.11/€.
To determine the prime rate in euros, the forward premium of the exchange rate, the euro's value in five years based on the persistent forward premium, and the potential profit through covered interest arbitrage, we consider the given spot and forward exchange rates, as well as the interest rates in the United States and euros.
The prime rate in euros can be calculated using the interest rate parity condition, which states that the interest rate differential between two countries should equal the forward premium or discount. In this case, if the international parity conditions hold, the prime rate in euros would be 5% - (F1$/€ - S0$/€) = 5% - ($1.11/€ - $1.10/€) = 5%.
If the annual forward premium of $1.11/€ persists into the future, the euro's value in five years would be $1.11/€.
Covered interest arbitrage involves taking advantage of interest rate differentials between two currencies while eliminating risk. With an interest rate of 5.7% in euros, and assuming borrowing 1 million monetary units of the appropriate currency (euros), the potential profit from covered interest arbitrage can be calculated as follows: Profit = (1 + i€) * (F1$/€ - S0$/€) * Amount Borrowed = (1 + 5.7%) * ($1.11/€ - $1.10/€) * 1 million euros.
In conclusion, the prime rate in euros is 5% if international parity conditions hold. If the forward premium persists, the euro's value in five years would be $1.11/€.
Through covered interest arbitrage, the potential profit can be calculated based on the interest rate differential and the borrowed amount in euros.
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Would you be a good manager? Do a self-assessment that includes your current technical, human relations, and conceptual skills. What skills do you already possess, and which do you need to add? Where do your strengths lie? Based on this exercise, develop a description of an effective manager.
Answers
An effective manager typically has strong technical skills, which allows them to understand and manage the work being done by their team. They also possess strong human relations skills, which allow them to communicate effectively with their team and build positive relationships.
What is human relations?Generally, conceptual skills are important for managers, as they allow them to understand and manage the big picture and make strategic decisions.
An effective manager also typically possesses strong leadership skills, including the ability to set clear goals and priorities, delegate tasks effectively, and provide feedback and support to team members. They are also able to make difficult decisions, resolve conflicts, and motivate their team to achieve success.
In summary, an effective manager possess a combination of technical, human relations, and conceptual skills, as well as strong leadership abilities. They are able to effectively lead a team and make strategic decisions to drive success.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
who do yall want president let me know i choose biden..
Answers
Answer:
TRUMP MAKE AMERICA GREAT AGAIN !!!!!!!!!
Explanation:
All of the following statements regarding profit sharing plans are TRUE, EXCEPT:
A. An employer is required to have profits to make a profit sharing contribution.
B. Profit sharing plans are required to have recurring and substantial contributions.
C. A definite allocation formula is required in a profit sharing plan.
D. A definite contribution formula is not required in a profit sharing plan.
E. Nonprofit organizations may adopt a profit sharing plan.
Answers
All of the statements regarding profit sharing plans are true except for statement B. earnings sharing plans aren't required to have routine and substantial contributions, and the quantity of the contribution is commonly discretionary and determined by using the employer.
An organisation isn't required to have income to make a income sharing contribution, however the contribution ought to be based on a precise allocation method. This system can be based totally on factors inclusive of employee compensation or period of service.
A specific contribution formula isn't required in a earnings sharing plan, because the contribution quantity is typically determined through the employer's discretion. Non-profit companies might also undertake a income sharing plan, but the plan must observe sure tax rules.
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All of the statements regarding profit sharing plans are true except for statement B. earnings sharing plans aren't required to have routine and substantial contributions,
the quantity of the contribution is commonly discretionary and determined by using the employer. An organisation isn't required to have income to make a income sharing contribution, however the contribution ought to be based on a precise allocation method. This system can be based totally on factors inclusive of employee compensation or period of service. A specific contribution formula isn't required in a earnings sharing plan, because the contribution quantity is typically determined through the employer's discretion. -profit companies might also undertake a income sharing plan, but the plan must observe sure tax rules.
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Gross Domestic Product or GDP can be
a)Value of output of goods and services during one year
b) National Income
c)National Output
d)Aggregate Demand
e)All the stuff made by one country in one year
f)All of the above or any of the above
Answers
Answer:
f)All of the above or any of the above
Explanation:
GDP or gross domestic product is the aggregate of the values of goods and services produced within a country's boundaries. In calculating the value of GDP, economists consider the value of finished goods only.
GDP is calculated using the expenditure approach and the income approach. With the expenditure approach, GDP is the sum of all consumers, government, incomes, and net imports. The result is GDP and also the aggregate demand.
In the income approach, the GDP is the sum of all national incomes . In other words, GDP is equal to Sales Taxes plus Depreciation and Net Foreign Factor Income.
_________ defined as a set of values, ideas, attitudes, and norms of behavior that is learned and shared among the members of the organization.
Answers
"Organizational culture" is defined as a set of values, ideas, attitudes, and norms of behavior that is learned and shared among the members of the organization.
It is a collective phenomenon that develops over time through shared experiences, socialization, and communication within the organization. Organizational culture influences how employees perceive and interpret events, how they interact with each other and with external stakeholders, and ultimately, how work is performed and goals are pursued. Organizational culture can vary significantly between different organizations and can be influenced by factors such as leadership styles, organizational history, industry norms, and employee diversity. It plays a crucial role in shaping employee attitudes, morale, engagement, and overall organizational performance.
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What would you do if your friend is failing the class?
Answers
Answer:
Help them study and help them write an email to the teacher to ssee if there was anything they can do to raise their grade
Explanation:
Answer:
Help them with there work so they can get better grades.
Explanation:
You are a nice friend.
What are sets in set A and not in set B and C called?
Answers
Explanation:
Set Difference: The relative complement or set difference of sets A and B, denoted A – B, is the set of all elements in A that are not in B. ... Then the set difference of A and B would be the $407 remaining in the checking account. Example: Let A = {a, b, c, d} and B = {b, d, e}. Then A – B = {a, c} and B – A = {e}.
Common Symbols Used in Set Theory
Symbols save time and space when writing. Here are the most common set symbols. In the examples C = {1, 2, 3, 4} and D = {3, 4, 5} Symbol. Meaning.
kendra is considering opening a new business. while writing the business plan, she is answering the following questions: what external success factors affect the industry? how does her business measure up to competition? what can my bakery do to survive and prosper during a recession? what was kendra performing?
Answers
The questions Kendra is answering while opening a new business is SWOT analysis.
An individual or association can utilize the SWOT investigation (otherwise called the SWOT lattice) to find Qualities, Shortcomings, Open doors, and Dangers (SWOTs) pertinent to business rivalry or undertaking arranging.
Situational investigation or situational assessment are different names for it. The abbreviations TOWS and WOTS-UP likewise share similar components.
This technique can be utilized to survey the essential place of different organizations and is expected for use in the beginning stages of dynamic cycles (revenue driven endeavors, neighborhood and public legislatures, NGOs, and so on.).
It means to pinpoint the inside and outer components that are favorable and hindering to accomplishing the objectives of the venture or undertaking.
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The percentage of the US labor force that is unemployed is known as the __________.
A.
consumer price index
B.
gross domestic product
C.
national unemployment rate
D.
annual percentage change
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
Explanation:
C
Answer:
C. national unemployment rate
Explanation:
i did the quiz, hope this helps<3!!
In which mode(s) of transportation do companies often employ teams of two drivers, either in tandem or sequentially, to increase efficiency?
air transportation
rail transportation
road transportation
water transportation
Answers
Most transport-based companies employ teams of two drivers in an air mode of transportation to increase efficiency.
What is an air mode of transportation?This transportation are performed by aircraft for the public carriage of passengers, baggage, cargo, mail etc for exchange of remuneration or hiring. It is considered to be the fastest modes of public transport which connects international boundaries.
As a matter of fact, the presence of two pilots on a plane make coordination much easier because one pilot can concentrate on the flight and the other completes the checklist. Therefore, an increased efficiency is achieved.
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Answer:
ROAD transportation often employs teams of two drivers to increas efficiency.
Explanation:
common sense tbh
Assuming the workmans live in california, a community property state, and that diana and ryan file separately, what is diana's gross income minus expenses on the day care business?
Answers
Diana and Ryan file separately, Diana's gross income minus expenses on the day care business would be half of the total gross income minus expenses for the business.
In California, a community property state, the income and expenses from a business owned by a married couple are generally split evenly between the two spouses. To calculate Diana's gross income minus expenses, we would first need to know the total gross income and total expenses for the day care business. Once we have those numbers, we can use the following formula:
Diana's gross income minus expenses = (Total gross income / 2) - (Total expenses / 2)
For example, if the total gross income for the day care business was $100,000 and the total expenses were $50,000, Diana's gross income minus expenses would be:
Diana's gross income minus expenses = ($100,000 / 2) - ($50,000 / 2) = $50,000 - $25,000 = $25,000
Therefore, Diana's gross income minus expenses on the day care business would be $25,000.
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Finished goods ______. Multiple choice question. is the same as cost of goods manufactured consists of completed, unsold goods consists of goods that require additional processing before being sold consists of goods that have been sold to customers during the period
Answers
Finished goods consist of completed unsold goods which have not been sold to customers.
What is Finished goods?Finished goods refer to completed goods or product that have pass through all the manufacturing process and completed they but have not be sold to the intending consumers.
They are completed processed products.
Therefore, Finished goods consist of completed unsold goods which have not been sold to customers.
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Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank______ marketing
Answers
Fast Bean sells coffee to Federico to brew and drink at home. This is an example of business-to-Blank vendor marketing.
Opting for marketing merchandisers is an important part of marketing because many companies have the coffers to complete every design in-house. For illustration, you may need a seller's moxie and coffers too.
Write, design or produce deals literature, advertisements or other creative accouterments. A company or an existent that sells a good or service is a seller. Marketing Merchandisers may vend to other businesses, or they may be retailers who vend straight to consumers. An illustration of a seller is a company that provides force for exchange apparel stores.
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Can Some people give me brainliest I'll give ya'll all my points when I see it
Answers
Answer:
Explanation: why u delete all your questions that u answered for me?
Do broadcast journalists have to worry about editing? Group of answer choices No, they have editors to do the editing. Yes, they have to learn how to use the software too. No, they don’t have enough time to edit. Yes, they are not assigned editors to review their segments.
Answers
Answer:
the first one or second one
Explanation:
tbh the first one sounds better because most broadcasters just go unfiltered
What is one benefit US workers who have a college degree rather than a high school diploma?
Answers
Answer:
Those with a college degree earn nearly twice as much as those without college.
Explanation:
A college degree increases the chances of securing a higher paying job than a high school diploma. Most employers insist on college degrees for managerial or executive positions. These are the positions with good pay packages. Currently, college graduates earn nearly twice their high school diploma holders.
Answer:
D.
Explanation:
the person above me is correct
In a situation in which genes assort independently, what is the ratio of the gametes produced by an AaBB individual?
In a situation in which genes assort independently, what is the ratio of the gametes produced by an AaBB individual?
a 1 AB : 1 aB
b 1 A : 1 B
c 3 A : 1 B
d 3 AA : 1 BB
e 3 AB : 1 ab
Answers
In a situation where genes assort independently, the ratio of the gametes produced by an AaBB individual would be:
c) 3 A : 1 B
This ratio represents the proportion of different combinations of alleles that can be found in the gametes produced by the individual. In this case, the AaBB individual has two heterozygous gene pairs (Aa and BB), and each gene pair segregates independently during gamete formation.
For the Aa gene pair, there are two possible alleles (A and a), and for the BB gene pair, there are two possible alleles (B and B). When these gene pairs assort independently, the gametes will contain a random combination of alleles from each gene pair.
Therefore, out of the total gametes produced, 3/4 (or 75%) will have the A allele (either AA or Aa) and 1/4 (or 25%) will have the B allele (BB). This can be expressed as a ratio of 3 A : 1 B.
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