Depreciation is included on a balance sheet to show that
some accounts are uncollectible:
some assets have been sold
some fixed assets have lost value over time
some expenses have not been paid

Answers

Answer 1

Answer:

some fixed assets have lost value over time

Explanation:

Depreciation is the decline in the value of an asset due to usage, corrosion, or wear and time. Some fixed assets, especially plants and machinery, equipment, and motor vehicles, will always depreciate in value as they age. Depreciation spreads the cost of an asset over many years. The depreciation amount is calculated and subtracted from the cost of the assets or book vales at the end of the financial year.


Related Questions

What is the answer ??? 10 points

Answers

Answer:

Initial payments includes a higher amount of money being paid upfront so the amount borrowed is less.

Explanation:

A down-payment is the initial cash payments that a borrower makes when they want to borrow money to finance the purchase of an expensive good or service. The down-payment is expressed as a percentage of the total amount to be borrowed. Because the nonpayment is paid in cash, it reduces the loan amount. A down-payment reduces the lender's risk enabling them to offer loans at lower interest rates

Brainstorming is only effective when done
a.
In groups
b.
By yourself
C.
In a respectful atmosphere
d.
In a limited amount of time

Answers

Answer:

In groups

Explanation:

Brainstorming is a problem-solving technique where members of a group are encouraged to contribute ideas that could solve the problem at hand. There are right or wrong proposals. Every suggestion is discussed extensively.

Brainstorming allows for deliberations on diverse possible solutions to a problem. The idea that is acceptable by all members is considered the group's decision.

Answer:

answer is a

Explanation:

Refer to this income statement to answer the question below. Forks Gym Income Statement For the Month Ended August 31, xxxx Revenue: Membership Fees Revenue Rental Revenue Instruction Revenue Total Revenue 10,000.00 3,000.00 4,000.00 17,000.00 Expenses: Advertising Expense Rent Expense Utilities Expense Total Expenses 3,000.00 4,000.00 1,000.00 8000.00 Net Income 9,000.00 What is the total revenue for membership fees?

Answers

Answer:

The total revenue for membership fees is $10,000.00

Explanation:

As per given data

Revenue:

Membership Fees Revenue 10,000.00  

Rental Revenue _________3,000.00

Instruction Revenue ______4,000.00  

Total Revenue __________17,000.00

Expenses:

Advertising Expense _____3,000.00

Rent Expense __________4,000.00

Utilities Expense ________1,000.00

Total Expenses  _________8,000.00

______________________________

Net Income ____________9,000.00

_______________________________

Net Income is calculated as follow

Net Income = Total revenue - Total Expenses = 17,000.00 - 8,000.00 = 9,000.00

Total revenue for the membership fee is in the revenue section and it is 10,000.00 only.

It is a good idea to get and use an many credit cards as possible to build credit history. True False

Answers

False because you can get bad credit if you ever owe the bank money or if you made a late payment

Some people will obtain a bachelor’s degree with a focus in fashion design. Then to increase their skill set, they may also obtain a(n) _[blank]_ in a different degree like marketing.

Answers

Answer:

Masters

Explanation:

A Bachelor's degree refers to an academic degree (certificate) awarded to a student by a tertiary institution (university or college) after the completion of his or her educational programme. Bachelor's degree is generally being referred to as first degree because it is the first certification to be acquired by an undergraduate student after the completion of his or her course of study. Mostly, a bachelor’s degree program lasts for four (4) years and in some cases it is typically for five (5) years.

The second (next) degree a graduate obtains after the acquisition of a first degree (bachelor degree) is the master's degree. The advantage of a master degree is that, it can be obtained in a different academic field such as science, engineering, education etc.

Hence, some people will obtain a bachelor’s degree with a focus in fashion design. Then to increase their skill set, they may also obtain a masters in a different degree like marketing.

Answer:

Minor

Explanation:

This is for people who also take fashion design using primavera. I just took the test.

When Martin reads a story out loud, he stops to emphasize all important words and even makes funny voices to go along with the story. What element of reading fluency is Martin using?
rate

accuracy

speed

expression

Answers

Answer:

It's expression or on edge D

Explanation:

Answer:

D

Explanation:

good luck :)

XYZ Company plans to sell 11,000 units of its product in January and another 10,000 in February. The beginning balance of finished goods is 1,100 on January 1 and XYZ Company wants an ending balance on January 31 of 1,000 units. How many units of its product should XYZ Company produce during January to meet its goals?
a. 9,900
b. 10,900
c. 11,000
d. 12,000

Answers

Answer:

10,900 units

Explanation:

The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = Beginning inventory + purchases - closing inventory

In this case,  COGS will be 11,000 units:  Beginning balance 1100 and ending balance of 1000.

11,000 = 1100 + P -1000

11,000 = 1100-1000 +P

11,000 = 100 + P

P= 11,000 -100

P= 10,900

Productions should be 10,900

definition of a stakeholder

Answers

1.
(in gambling) an independent party with whom each of those who make a wager deposits the money or counters wagered.
2.
a person with an interest or concern in something, especially a business.

You are taking a $5000 loan. You will pay it back in four equal amounts, paid every 6 months starting 5 years from now. The interest rate is 12% compounded semiannually. Calculate: The effective interest rate The amount of each semiannual payment The total interest paid

Answers

Answer:

Following are the solution to the given point:

Explanation:

Calculating the value of the effective interest rate:

Formula:

[tex]\text{Effective interest rate} =\frac{\text{annual nominal rate of interest}}{\text{compound year}}[/tex]

                                  [tex]=\frac{12}{2} \\\\ =6\%[/tex]

Calculating the value of Effective annual rate of interest:

[tex]=(1+ \text{The effective rate})^{\text{(compound number )}} -1[/tex]

[tex]=(1+0.06)^2 -1\\\\=(1.06)^2 -1\\\\=1.1236-1\\\\=0.1236\\\\=12.36 \%[/tex]

Calculating the Amount in each semiannual payment:

[tex]= 5000 \times (\frac{F}{P}, 6\% ,9) \times (\frac{A}{P}, 6\%,4)\\\\= 5000 \times 1.689479 \times 0.288591\\\\= 2437.85[/tex]

Calculating the value of the total interest paid:

[tex]= 2437.85 \times 4 - 5000\\\\= 9751.40-5000\\\\ = 4751.40[/tex]

HELP ME PLEASE
Based on the cell theory, which of the following is true? (5 points)
All cells are too small to be seen.
All living things are made of cells.
Small organisms have more cells than large organisms.
Large organisms have larger cells than small organisms.
5.
(04.02 LC)

Anton Leeuwenhoek devised a primitive microscope to observe a sample of his tooth scrapings. How did this help contribute to cell theory? (5 points)
It helped to show that cells cannot function independently.
It helped to show that some bacteria can swim like fish.
It helped to show that some bacteria are just one cell.
It helped to show that cells can be created from thin air.
6.
(04.02 MC)

A scientist eliminated all living organisms in a jar of soup by heating it. He then left the soup jar uncovered for some days. After a few days, he saw molds in the soup. What most likely formed the mold? (5 points)
Mold spores present around the jar
Nonliving matter in the environment
Water molecules in the soup
Glass particles in the jar
7.
(04.02 LC)

A scientific theory is different than the way we use the word theory in common speech. Which of the following describes the way the term theory is used in everyday life? (5 points)
It explains how nature works.
It is supported by observation and testing.
It is supported by experimental results and data.
It is a random guess about how something happened.
8.
(04.02 MC)

Read the two statements given below.

Statement 1: Children knocked over the trash can while cycling
Statement 2: Plant cells generate from sunlight and chlorophyll

Which of the following best relates the statement to the correct type of theory? (5 points)
Both statements are about scientific theories.
Both statements are about everyday life theories.
Statement 1 is about an everyday life theory, and statement 2 is about a scientific theory.
Statement 1 is about a scientific theory, and statement 2 is about an everyday life theory.
9.
(04.03 LC)


Which number label represents the nucleus?
6
5
3
2
10.
(04.03 LC)

Which organelle provides protection and support to a cell? (5 points)
Cell wall
Cytoplasm
Nucleus
Ribosome
11.
(04.03 MC)

Plant cells and animal cells were observed under a microscope. The characteristics of two cells are listed below.

Cell X: Has chloroplast
Cell Y: Does not have a cell wall

Which statement about the two cells is correct? (5 points)
Cell X has a cell membrane.
Cell X has a small vacuole.
Cell Y has a large vacuole.
Cell Y has chloroplast.
12.
(04.03 MC)

What will most likely happen in the absence of a cell wall? (5 points)
Photosynthesis will not occur.
The cell will lose its shape and support.
Cellular respiration will not take place.
Substances will not move in and out of the cell.

Answers

Answer:

I only know the answer to the last question, sorry.

The cell will lose its shape and support

Explanation:

I took the quiz.

Question 27 (1 point)
The relationship between the amount of inputs and outputs is known as

Answers

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

If the cost of production decreases for Tesla’s cars, what effect will this have on consumers who want to buy one???

Answers

Answer:

The consumers will pay more.

Explanation:

Should the production cost increase, the price of  Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.

During the first few months of operating a new business, the cash flow is usually:
positive
unknown
estimated
negative

Answers

It’s the second to last; estimated

Suppose that in order to discourage people from smoking the government decides to place an excise tax on every pack of cigarettes sold. As a result of the tax, the supply of cigarettes decreases by 150 packs of cigarettes at each price.

Answers

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

For point A:

The complete table can be defined as follows:

[tex]\bold{price \ \ \ \ \ \ \ \ \ pre-tax \ \ \ \ \ \ \ \ \ post-tax}\\\\2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 50\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\2.5\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 100\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\3\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 150 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0\\\\3.5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 200\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 50\\\\4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 250\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 100\\\\[/tex]

For point B:

When the price is 3.5, producers are fully capable of selling 50 cigarette packages.

Which of the following is an advantage of renting over
advantage of renting over buying a home?

Answers

Answer:

having to make a down payment..

An advantage of renting over buying a home and having to make a down payment. The correct option is D. Financial risks are lower when renting. You are aware of the precise monthly rent payment you will be making.

What is the most significant advantage of renting?

The three biggest advantages of staying a renter, in Ramsey's opinion, are having more flexibility if you decide to move, not having to pay for home maintenance, and not having to spend as much money initially. Additionally, your landlord will handle all necessary repairs, upkeep, and other costs. There is no additional cost.

Renting offers convenience, consistent monthly costs, and maintenance assistance. Along with the concrete advantages of tax deductions and equity, home ownership also offers intangible advantages like a feeling of security and pride in one's possession.

Thus, the ideal selection is option D.

Learn more about Renting here:

https://brainly.com/question/15057676

#SPJ2

What is the correlation between an index of civic-mindedness and years of involvement in local organizations and charities among members of city councils of selected midsized cities in the northeastern United States?" The chief weakness of this research problem is that:

A. It implies only description of the data, not interpretation.B. It does not lead to the creation/discovery of new information.C. It lacks clarity or completeness in the problem statement.D. Studying the question as stated is not feasible.

Answers

Answer:

A. It implies only description of the data, not interpretation.

Explanation:

A research problem is one that involves description, analysis, and interpretation of information from an ongoing research as a step to understand what researchers have found out so far and solve any problems.

In the given scenario one is asked the correlation between an index of civic-mindedness and years of involvement in local organizations and charities among members of city councils of selected midsized cities in the northeastern United States?

This only describes the problem, it does not show analysis that has been done for example correlation between index of civic mindedness and years of involvement in local organisations is 0.8 (this is the analysis).

The fact that the correlation is high is the interpretation.

Dennis has just gotten a new job at a national credit card company's headquarters. He is working in the
human resources department. It is likely that, as far as health insurance is concerned,
his employer is paying 100 percent of the contributions
he must find his own health insurance
he is paying 100 percent of the contributions
he and his employer are both paying a portion of the contributions

Answers

Answer:

He and his employer are both paying a portion of the contributions

Explanation:

Most employees of private companies in the United States have employer-sponsored healthcare insurance. This means that the company they work for chooses the insurance plan, and pay the biggest share of the cost of the plan. However, the employee also has to contribute to the cost, allocating a percentage of his salary for this installment.

This is the type of plan Dennis would be enrolled once hired by the national credit card company.

On August 14, 2020, Washington declared a 2-for-1 stock split. At the time of declaration, shares were selling for $114/share. Through the first two quarters of the fiscal year, Washington recorded a net loss of $6,500. How will Washington’s stockholders’ equity section change as a result of this information?

Answers

Answer:

Follows are the description of the equity section change:

Explanation:

Washington announced a split stock of 2-for-1 on 14 August 2017, in which securities are exchanged for $114 per stock only at the time of announcement. It also reported a net loss of $6,500 in the first two quarters of its financial year. This amount of shares would rise to 30 000, as well as the par value would drop to 12,50 cents per month, and capital throughout the shareholders would fall to 528 500 dollars. As just a result of such knowledge, will the equity division of Washington transformation.

When the United States spends money on education, does this cause the nation's GDP to grow or decline?

Answers

Answer:

the gdp of the united states stays the same because the money the put into it is the tax payers money

Explanation:

The assets (what a business owns), liabilities (what a business owes), and capital (how much a
business is worth) are shown on a(n):
income statement
profit and loss statement
balance sheet
cash flow statement

Answers

Answer:

balance sheet

Explanation:

Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.

Select the correct answer from each drop-down menu.
What does a personal budget do?
A personal budget provides a ( salary slip, detailed account, summary)
of income and expenses for a (monthly,given,yearly)
period.

Answers

Answer:

A personal budget provides a detailed account of income and expenses for a period.

Explanation:

A personal budget is a plan of how one intends to spend their income.  It shows the source of income and the total on one side. The expenses are listed on a different side. Each expenditure item is listed and its estimated amount is indicated. The total of all incomes and expenses is shown on their respective sides.

A personal budget may be prepared for a regular income say monthly, weekly, or quarterly payments. It can also be prepared for irregular incomes such as loans, gifts, or bonuses.

Answer:

A personal budget provides a Summary of income and expenses for a

Given period

Explanation:

got it right on the test for edmentum.

What were the first cities like?

Answers

the first cities were based of food production and transport most where by seas and streets names were by meats :)

Loan 1:
Loan Amount: $10,000
Interest Rate: 12 percent
Loan Term: 12 months
Upfront fees: $125.00
Monthly Payment: $888.49

What is the total amount paid on Loan 1?

Answers

Answer:

$10,786.88

Explanation:

The total amount paid on loan will be the sum of monthly payments and the deposit paid.

Monthly payments = $888.49 per month

Number of months = 12

Total monthly payments :  $888.49  x  12= $10,661. 88

Upfront fee( deposit) $125

Loan amount

=$10,661. 88 + $125

=$10,786.88

Throughout the process of establishing its strategy, Acer’s leadership has monitored the strategies of HP and other PC manufacturers to determine the threats and opportunities presented by these competitors. This process is called ________.


A. a threat analysis

B. strategic planning

C. competitive analysis

D. differentiation strategy

E. environmental scanning

Answers

Answer:

C. competitive analysis

Explanation:

From the question we are informed about instance whereby Throughout the process of establishing its strategy, Acer’s leadership has monitored the strategies of HP and other PC manufacturers to determine the threats and opportunities presented by these competitors. In this case The process is called competitive analysis. Competitor analysis can be regarded as a strategic management which involves assessing of both weakness as well as strength of potential competitors. This method helps in identification of opportunities as well as threats.

if you can give me the sample answer, ill give brainliest

Identify at least five different Marketing, Sales, and Service or Transportation, Distribution, and Logistics careers that you could pursue in your home state, and choose the three that appeal to you the most. Out of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow in order to obtain that career Finally, identify at least three colleges, universities, or training programs that are suited to that career choice. You can use the following resources to help you:

Answers

Answer:

Five careers within the Marketing, Sales, and Service cluster or the Transportation, Distribution, and Logistics cluster that would be interesting to me are pilot, aerospace engineering and operations technician, marketing manager, real estate broker, and assessor. Of those careers, the ones that would be best suited to my skills and abilities are marketing manager, pilot, and real estate broker.  

I would be interested in becoming a real estate broker, because it would give me a chance to work with people, helping them buy and sell property. I could help them negotiate prices, closing costs, and other factors between the buyer and seller. I would need to know how to use a computer to upload lists of properties for sale. In order to do all of this, it would be important to have great customer service, interpersonal, negotiation, persuasion, communication, critical thinking, and computer skills.

To prepare for this position, it wouldn’t be necessary to go to college, but I think it would be helpful to get at least a bachelor’s degree. I could attend the University of Pennsylvania, where I could study economics or business. I could attend the University of Illinois Urbana–Champaign, where I could study finance and specialize in real estate. I could also consider attending the University of Florida, where I could get a minor in real estate or complete a master’s degree in business administration with a concentration in real estate.

After completing my education, I would be prepared to start my own business and hopefully make over the median salary of $57,360 each year.

Explanation:

Alicia loses her job part way through 2019. Her employer pays her wages of $15,450 up through her date of termination. After that, she received $3,400 of unemployment compensation from the state until she gets a new job for which she is paid wages of $3,000 through year end. Based on this information, Alicia’s gross income for 2019 is:_________.

Answers

Answer:

The right approach is "$21,850". A further solution is provided below.

Explanation:

The given values are:

Employer pays,

= $15,450

Unemployment compensation,

= $3,400

At the end of the year, she paid,

= $3,000

For year 2017,

Alicia Gross income will be:

= [tex]15450+3400+3000[/tex]

= [tex]21,850[/tex] ($)

You are a 25% partner of ABC, LP. Here are some additional facts – • ABC's 2020 partnership tax return, when filed, will show that it earned total taxable income for the year 2020 of exactly $1,740,000. • ABC distributed cash to its partners during 2020 in the aggregate total amount (i.E., to all partners as a group) of $1,400,000. What total taxable income amount will you be reporting on your 2020 Form 1040 (when filed) as a result of your status as an ABC partner?

Answers

________________________________

= 25% × $1,400,000 ÷ 100= $350,000

________________________________

Answer:

nnnnkknknknpnkpknkpnknpknjn lj

Explanation:

htgw4utjgpuoghurgfij;vgjoifsiunjiomiomomofiom imoihmo ihmof hmof dmih hoho hff f f imfijfeijqipq,ptgaefbaegfabhbebhgbbtgvftgvfgvftgvtfgvftvftvgbgbgbgb

When are conflict resolution skills required in the consumer service industry?
A. When the customer service representative is following up with a customer after their Issue has been resolved.
B. When the customer service representative has personally offended the customer
C. Any time a customer requires assistance from a customer service representative.
D. When the customer is not in a frame of mind to begin the assessment phase of customer service.​

Answers

Answer:

C

Explanation:

..

Answer:

When the customer is not in a frame of mind to begin the assessment phase of customer service.

Explanation:

Professional etiquette suggests you should send a(n) ____ to each person who agrees to meet with you in support of your career exploration.

Answers

Answer:

handwritten thank-you note

Explanation:

Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general

guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a

handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.

Which of these examples demonstrate common qualifications for Information Support and Services careers? Check
all that apply.

Gabriella is a good leader and handles responsibility well.

Blaine can stand for long periods of time without getting tired.

Maureen is able to lift heavy objects.

Kyung can accurately estimate how long different tasks will take.

Carter is skilled in art and graphic design.

Octavio is good at breaking down large projects into smaller steps.

Answers

Answer:

146

Explanation:

Answer: 1. Gabriella is a good leader and handles responsibility well.

4. Kyung can accurately estimate how long different tasks will take.

6. Octavio is good at breaking down large projects into smaller steps.

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Alice has 8 acres of orchards.Alice grows apple trees in 4 acres of the orchardsShe grows pear trees in the rest.How many acres of pear trees does Alice have? please help meeeeeeeeeeeee Find the slope of the following graphs.A. 3/2B. 1C. -1D. - 3/2 Explain how physical digestion takes place in the mouth and stomach. PLEASE ANYBODY HELP ME THIS IS REALLY IMPORTANT I REALLY NEED HELP READ THE STORY ON THE PICTURE AND THEN ANSWER THESE QUESTIONS 2. What is emphasized in the Cupid story that is absent from the beast story?3. What is emphasized in the beast story that is absent from the Cupid story?4. Explain the similarities between the two stories Write the equation in standard form:y + 5 = - (x + 3) helppp nowwww please!!!! Based on the context clues in the sentence, what is the definition of the word avarice? It was bad enough that my boss lied to customers to make a sale, but when he started stealing money from the company, we knew his avarice had no bounds. A. Salesmanship; ability to make a saleB. Wildness, unwillingness to be controlled C. Loyalty; commitment to something D. Greed; desire to gather wealth What purpose does a female pine cone serve?A. It protects the seed until it matures.B. It makes food for the adult plant.C. It allows for photosynthesis to occur.D. It acts as an object to attract birds.E. It serves as an ornamental object on the tree. What is Weathering? What is erosion?What is deposition? Pls answer this for brainly Complete the following sentence. Remember to spell correctly.The study of the buying behavior of individual households and businesses is called Summary of opportunity cost Find the Value of x in each figure.[REFER TO ATTACHED PICTURE] Do an apple, potato, and onion all taste the same if you eat them with your nose plugged? Which were effects of World War II on Louisianas economy? Check all that apply.A- The states income levels returned to pre-Great Depression levels.B- The state remained tied to agriculture. C- The state became dependent on manufacturing.D-The states economy suffered during the war. E-The state decreased agricultural production. Elena says I find 25.44 and then move the decimal point Discuss any three famous graphic designers. Compare and contrast their work in detail. Who increased government spending?*HoustonLamar The following are independent situations. a. A new company is formed and shareholders invest $12,000 cash. b. A company purchases for $18,000 cash a new truck that has a list price of $21,000. c. A company pays stockholders a $10,000 cash dividend. d. A company purchases a piece of land for $50,000 cash. An appraiser suggests that the value of this land is $55,000. e. A company declares dividends of $1,100 to the shareholders but does not pay them yet; the company will pay these dividends in 60 days. f. A company has to pay monthly wages of $5,600 to its employees; the company will pay them in two weeks.Required: 1. Indicate the appropriate account titles, if any, affected in each of the preceding events. Consider what is received and what is given. 2 At what amount would you record the truck in (b)? The land in (h)? What measurement principle are you applying? 3. For (c), what accounting concept did you apply? For (J), what accounting concept did you apply?