On December 31, 2021, Bates Company had on their books an assembly machine that was purchased for $392,000 and had accumulated $352,800 in depreciation. On April 1, 2022, Bates Company sold the machine for $40,000. On the date of the sale, they recorded the following journal entry:
Cash $40,000
Accumulated Depreciation- Equipment $352,800
Equipment $392,000
Gain on Disposal of Plant Assets $800
What error did Bates Company make in this journal entry?
-They credited a gain account rather than a revenue account.
-They recorded a gain on disposal rather than a loss on disposal.
-They did not account for a partial year of accumulated depreciation.
-They credited Gain on Disposal of Plant Assets rather than debiting it.

Tony Hsieh implemented the "Holacracy" management style at Zappos in an effort to foster an inclusive workplace atmosphere.

Holacracy proponents contend that it gives team members the freedom to freely submit ideas, just like in an idea meritocracy. It is achievable due to the autonomy of all employees and their freedom to express ideas they believe would improve the company.

You can uncover solutions to problems that you might not otherwise have explored by using disadvantages as a catalyst to help you evaluate your position from new angles. Benefits may make it difficult for you to see the need to continuously looking for new and more effective ways to pursue success.

To know more about  holacracy visit:-

https://brainly.com/question/29192738

#SPJ4

The null and alternative hypothesis are H0:μ1=μ2; Ha:μ1≠μ2

In order for loans from dealership 1 to be different from loans from dealership 2, the mean loan rate of loans from dealership 1 must be greater or less than the mean loan rate of loans from dealership 2.

In other words, the mean loan rate must be unequal: μ1≠μ2. The null hypothesis must have some form of equality, so Ha is μ1≠μ2 and H0 is μ1=μ2.

What is null hypothesis?

The alternate hypothesis is the antithesis of the null hypothesis, or H0, which is the widely acknowledged truth. Researchers try to refute, reject, or nullify the null hypothesis. Researchers develop a competing hypothesis that they believe explains a phenomenon before working to disprove the null hypothesis.

The null hypothesis in inferential statistics is that two scenarios are equal. The underlying assumption is that the discrepancy is just the result of chance. It is feasible to determine the probability that the h0 is correct using statistical testing.

Read more about null hypothesis

https://brainly.com/question/13135308

#SPJ4

If the​ nominal, risk-free rate on​ T-bills recently is  1.23% and if the real rate of interest is ​0.80%, than the exact and approximate expected level of​ inflation is 0.427%.

The nominal risk-free rate is often the present yield of the 3-month Treasury bill while not taking under consideration the impact of inflation. the important safe rate is that the yield of the 3-month Treasury bill minus the impact of inflation.

Rate of interest is quantity|the quantity|the number} charged over and higher than the principal amount by the investor from the recipient. In terms of the receiver, an individual UN agency deposits cash to any bank or financial organization additionally earns further financial gain considering the continuance of cash, termed as interest received by the investor.

The question is incomplete, find the complete question here

The​ nominal, risk-free rate on​ t-bills recently is  1.23%. if the real rate of interest is ​0.80%, what is the exact and approximate expected level of​ inflation?

To learn more about inflation here

brainly.com/question/14274264

#SPJ4

The necessities of this and some other agreement do now no longer include a.practicality.

The required details about practicality is mentioned in below paragraph.

Something that demonstrates practicality makes suitable sense. If you pick out your new footwear primarily based totally on their practicality, you may possibly purchase a couple of sneakers, as opposed to knee-excessive boots with 5 inch heels.

A person's practicality also can be known as not unusualplace sense, and an item or action's practicality has to do with how green or appropriate it is. The practicality of docs cautiously washing their fingers earlier than surgical treatment is clear, at the same time as the practicality of dressing your canine in a ballerina dress is much less so. The root of practicality is practical, which in flip comes from the Old French word practique, "suit for action."

(COMPLETE QUESTION)

Jennifer Lopez contracts with Harry Styles to have Styles sing at her birthday bash. The requirements of this and any other contract do not include

a.practicality.

b.legality.

c.capacity.

d.consideration.

To learn about practicality visit here.

https://brainly.com/question/18363528

#SPJ4

A leader who emerges within a workgroup without formal authority within the organization is known as an emergent leader because Despite having formal authority, leaders in organizations and other settings primarily use their informal authority to influence others.

Emergent leadership happens when a group member takes the reins of the group over time via group interactions rather than being named or voted as the leader. Additionally, it gives team members the freedom to make judgments that go against the grain of an organization's conventional hierarchy. An emergent leader, on the other hand, is someone who rises to the position of leadership as a result of how other group members perceive them.

Learn more about Emergent leadership visit https://brainly.com/question/7177953

#SPJ4

Using this tool for research illiteracy.

What exactly is research illiteracy?

A person has functional illiteracy when they are unable to use their reading, writing, and math skills for the benefit of both themselves and the community as a whole.Functional illiteracy has a significant negative impact on social and economic development as well as personal growth.

What are the benefits of research literacy?

Research literacy enables us to appropriately educate our patients about the research they uncover, in addition to guiding clinical decision-making.The only way to tell between clinically meaningful and irrelevant results, as well as high-quality studies and low-quality ones, is to be knowledgeable about research.

Learn more about illiteracy here:

https://brainly.com/question/28499076

#SPJ4

1) The number of new shares distributed when a 10 percent stock dividend is declared on 45,000 outstanding shares is 4,500 shares.

2) The effects on the equity accounts arising from the 10% stock dividend are as follows:

3) The effects on the equity accounts arising from the 25% stock dividend are as follows:

A stock dividend is the distribution of retained earnings in the form of shares instead of cash.

A stock dividend is small when the number of shares issued is less than 25% of the total value of shares outstanding.

The journal entry to record a small stock dividend is to transfer the market value of the issued shares from the retained earnings to the paid-in capital (Common Stock and Additional Paid-in Capital) accounts.

Debit Retained Earnings (market value)

Credit Common Stock (par value)

Credit Additional Paid-in Capital (with excess)

Current selling price per share = $42

The number of outstanding shares = 45,000

Stock dividend declared = 10% of 45,000 = 4,500

Current selling price per share = $42

The number of outstanding shares = 45,000

Stock dividend declared = 25% of 45,000 = 11,250

Learn more about stock dividends at https://brainly.com/question/25766097

#SPJ1

The number of outstanding shares is 45,000

Exchange rates in a flexible exchange rate are generally determined by market forces of supply and demand for foreign exchange.

Governments and central banks do not participate in the foreign exchange market in a free-floating exchange rate system. The interaction between governments and central banks and currency markets is similar to the traditional relationship between these organisations and stock markets. Governments may control stock markets in order to avoid fraud, but stock prices are left to float in the market. For example, the United States government does not meddle in the stock market to influence stock prices. A self-regulating system is one of the benefits of a free-floating system. If the currency rate is left to the market, there is no need for government involvement.

To know more about flexible exchange rates​ visit:

brainly.com/question/24280716

#SPJ4

The seven pillars of information literacy are identify, scope, plan , gather, evaluate, manage and present. hence lei should start to work on report by  Investigating what she need to know.

Information literacy refers to a set of skills that make it possible for someone to find, analyze, and use information. The five elements of information literacy are finding, evaluating, applying, and acknowledging sources of information.

The capacity to access, scrutinize, assess, and produce media in a variety of ways is known as media literacy. Definitions, however, change throughout time, and a more comprehensive definition is now required to place media literacy in the perspective of its significance for preparing students for the media culture of the twenty-first century.

One of the pioneering teachers in the United States who introduced explicit media education curricula in schools was John Culkin (1928-1993).

learn more about information literacy visit :

https://brainly.com/question/23206476

#SPJ4

'The earned income tax credit, a government program that supplements the incomes of low-wage workers is an example of a tax incidence.

In economics, tax incidence or tax burden is the effect of a particular tax on the distribution of economic wealth. Economists distinguish between the entity that ultimately bears the tax burden and the entity that initially receives the tax.

Tax accrual is a measure of who ultimately pays the tax, either directly or through a tax burden. This burden can be shared between buyers and consumers, or different groups within the economy.

Tax incidence refers to the extent to which an individual or organization is subject to taxation, which can affect consumers, producers, or both. Incidence is also called tax burden. How the incidence falls depends on the price elasticity of demand.

Learn more about tax incidence https://brainly.com/question/1100124

#SPJ4

Because putting thoughts together is a typical chore or action in this role, Layla is acting out a task.

The correct answer is C. Task

What does being "on task" mean?

dedicated to and centered on a specific task. If we want to complete your project before the deadline, we must remain focused. I truly wish you would focus and stop wandering off. A task is an item that symbolizes some work that needs to be completed. If the operation yields a response, the task will provide it to you if it can let you know if the work is finished.

What is learning through tasks?

A method to language learning known as task-based learning involves assigning interactive activities to students. They must talk to one another to do this. When the assignment is finished, the teacher goes through the language employed. The students create a schedule for a guest who is coming to stay with their teacher.

To Learn more about the task here:

brainly.com/question/12831236

#SPJ4

Classification Management transaction assertion is an illustration of a cash reception.

Management assertions are statements made about certain elements of a firm by members of management. The idea is mostly applied to the audit of financial accounts of a firm, where the auditors rely on a number of assertions about the company.

Sales, purchases, and wages paid during the accounting period are all considered transactions. All of the assets, liabilities, and equity interests listed in the statement of financial position at the period's conclusion are included in account balances. These include claims of existence, completeness, rights, and obligations, as well as of accuracy and value, presentation, and disclosure.

To know more about transaction assertion visit:-

https://brainly.com/question/28234502

#SPJ4

investment with a one-year start date and a five-year maturity. assuming there are no prospects for arbitrage, what price would you get. To calculate the interest rate for four years.

An asset or object purchased with the intention of earning revenue or growth is referred to as an investment. The term "appreciation" describes a rise in an asset's worth over time. When a person buys a product as an investment, they don't intend to utilize it right away; instead, they plan to use it to make money later on.

A great method to put your funds to work and possibly increase your wealth is through investing. Your money may grow in value and outpace inflation with wise investing. The power that compounding and the threat trade-off are principally responsible for investing's higher growth potential.

to know more about investment visit:

https://brainly.com/question/14682309

#SPJ4

Walt Disney is the company I selected. The stock price has a downtrend tendency when viewed in aggregate. Disney is always a good investment since it is constantly changing.

The highest stock price during the past year was 201.91; today, it is 175.48. It peaked in the second quarter of the fiscal year 2021. In the past year, there has been a lot of uncertainty. something could have changed the pattern. COVID is the main contributing factor. Due to the economy's decline during COVID, many businesses suffered. Disney opened its Florida parks during the past year, but because to a mandate, they were unable to remain open during the pandemic. Disney has regained its position as a leader in the entertainment industry with the reopening of their parks.

To know more about Downtrend:

https://brainly.com/question/17308062

#SPJ4

The statement "An increase in the actual price level does not shift the short-run aggregate supply curve, but an expected increase in the price level shifts the short-run aggregate supply curve to the left." is true.

The supply curve is a graphical representation of the relationship between the cost of an item or service and the volume supplied over a given period of time. In an example, the quantity given will typically be displayed on the horizontal axis and the price will typically be displayed on the left vertical axis.

The law of supply is represented by a supply curve that slopes upward from left to right as the price of a particular good increases. Remember that this equation calls for price to be the independent variable and quantity to be the dependent variable. Economics is an exception, where the independent variable frequently sits on the horizontal axis, or x-axis.

The supply curve can change depending on a number of variables, such as shifts in production costs such as raw material and labor costs, advancements in technology, the level of competition and the number of sellers/producers, as well as the regulatory and tax environment.

To know more about, supply, visit :

https://brainly.com/question/13296654

#SPJ1

The following statement "The cost of equity is generally harder to measure than the cost of debt because there is no stated, contractual cost number on which to base the cost of equity" is Correct.

Equity in the context of finance refers to ownership of assets with potential obligations such as debts. For accounting reasons, equity is calculated by deducting liabilities from the value of the assets. A single asset, like a vehicle or house, or an entire company may be covered by equity.

A company that wants to launch or grow its operations might sell stock to raise money that doesn't need to be returned on a predetermined timeline. Assets are referred described as being "underwater" or "upside-down" when the obligations associated to them surpass the value of the asset.

The above question was incomplete, the complete question is-

Which of the following statements is CORRECT? Select one:

a. The cost of capital used to evaluate a project should be the cost of the specific type of financing used to fund that project, i.e., it is the after-tax cost of debt if debt is to be used to finance the project or the cost of equity if the project will be financed with equity.

b. The after-tax cost of debt that should be used as the component cost when calculating the WACC is the average after-tax cost of all the firms outstanding debt.

c. Suppose some of a publicly-traded firms stockholders are not diversified; they hold only the one firms stock. In this case, the CAPM approach will result in an estimated cost of equity that is too low in the sense that if it is used in capital budgeting, projects will be accepted that will reduce the firms intrinsic value.

d. The cost of equity is generally harder to measure than the cost of debt because there is no stated, contractual cost number on which to base the cost of equity.

e. The bond-yield-plus-risk-premium approach is the most sophisticated and objective method for estimating a firms cost of equity capital.

To know more about Equity here-

https://brainly.com/question/13278063

#SPJ4

Shared ownership best describes a situation in which an employer subsidizes the purchase of an employee's personal mobile device, allowing the employee to purchase a more expensive device if the employee pays the difference.

A government, organization, or other group paying a portion of the cost of something. A government payment to people or businesses, whether direct or indirect, usually takes the form of cash or a targeted tax break.

In general, a subsidy affects a market by lowering the price paid by buyers while increasing the quantity sold. Subsidies are typically inefficient because they cost more than they provide in terms of benefits.

To know more about subsidies, click here.

https://brainly.com/question/2256061

#SPJ4

In a case whereby A supervisor noticed that zelda spent a lot of time at the water cooler gossiping about the others By the end of the week, zelda was no longer hanging out by the cooler. The supervisor used C) negative reinforcement to control this situation.

Negative reinforcement  can be described as the encouragement of certain behaviors which ca be acheived through the process of removing or avoiding a negative outcome or stimuli.

It shopuld be noted that People typically use this technique  so tbhat they can make sure that children learn good patterns of behavior howver it can also play a role in training animals and pets.

Therefore, option C is correct.

Learn more about Negative reinforcement at:

https://brainly.com/question/15103927

#SPJ1

missing options:

A) extinction

B) positive reinforcement

C) negative reinforcement

D)determinism

E) positivism

Opportunity costs are the possible advantages that a person, financial investment, or company forgoes while deciding between two possibilities. Opportunity costs are easy to ignore since they are by nature invisible.

Commercial banks, trust companies, financial investment banks, brokerage houses or investment dealers, insurance companies, and asset management funds are some of the most typical categories of financial organisations. Costs that have already been paid for but cannot be recouped are known as sunken costs. The opportunity cost is the value of other commodities or services you must forgo in order to receive your desired item. The term "cost" is frequently used by economists to refer to opportunity cost.

To learn more about financial, click here.

https://brainly.com/question/1537763

#SPJ4

Firms suddenly becoming pessimistic about future business prospects is an example of a negative demand shock, which would shift the AD curve to the left.

A demand shock is a sudden and unexpected event that dramatically increases or decreases demand for a product or service, usually for a short period of time. A positive demand shock is an unexpected increase in demand curve, whereas a negative demand shock is an unexpected decrease in demand. Unexpected changes in the economy will cause the aggregate demand (AD) or short-run aggregate supply (SRAS) curves to shift. Negative shocks lower output and raise unemployment.

To learn more about demand shock, click here.

https://brainly.com/question/14001404

#SPJ4

This claim is untrue. Manufacturing facilities do not take into account several geographical criteria that are largely focused on destination and customer service.

Assessment of the impact of location on consumer purchase decisions is done using the location planning technique. In no two places can the same be said. Despite the fact that this information ought to be obvious, manufacturers and vendors regularly ignore it.

The most important factors affecting location choices include regional, social, and site-specific factors. A few examples of community elements are standard of living, amenities, attitudes, taxes, regulations pertaining to the environment, utilities, and development assistance.

Learn more about location planning technique: https://brainly.com/question/15181932

#SPJ4

"Strawberry Fields Forever" was  released as a half of a single instead, at the insistence of their record company in the early  sgt. pepper sessions.

What do you know about sgt. pepper sessions.?

Sgt. Pepper's is the most iconic album by the world's most iconic band and the Big Bang of modern rock music. This is the most sacred thing in rock music. However, there are two reasons why the news of a Sgt. Pepper's 50th anniversary remix was not met with howls of derision. The first is that Giles Martin, the son of the late, great Sir George Martin, is widely respected and regarded as a trustworthy individual. The second reason, as Martin Jr. already mentioned, was that the previous remixes of the Beatles' back catalogue in which he had been involved had received widespread approval.

So, The required answer is "Strawberry Fields Forever."

To learn more about sgt. pepper sessions:

https://brainly.com/question/14912356

#SPJ4

Borrows money in Jakarta currency, converts it into Warsaw currency, and deposits it in a Warsaw bank.

A foreign money[a] is a standardization of money in any form, in use or flow as a medium of change, as an instance banknotes and coins.[1][2] A extra trendy definition is that a currency is a system of money in common use within a selected surroundings through the years, specifically for people in a state nation.[3] beneath this definition, the British Pound Sterling (£), euros (€), jap yen (¥), and U.S. bucks (US$)) are examples of (government-issued) fiat currencies.

Learn more about currency here

https://brainly.com/question/1366402

#SPJ4

Answer: The answer is Organizing and Controlling

Explanation: Organizing would ensure that the events is well- prepared and controlling able to control how the events would go

Hope this was helpful

situation sales revenue, account receivable ,cash received increase, decrease from customer 1. 100 0 100 2. 100 5 95 3. 100 5 105

Frequently, the phrases revenue and sales revenue are used synonymously. However, revenue includes income from sources other than those directly connected to the core business, such as interest from savings or cash distributed through dividends. Sales revenue is defined as the revenue derived from the sale of goods and services. Non-operating income is what it is called here. In a poll conducted by Brainyard called "State of the CFO," 80% of CFOs reported that KPIs pertaining to revenue, income, and sales growth were the most crucial. Maintaining accurate records of sales revenue is the cornerstone of the income statement and the primary determinant of the company's profitability. When determining other significant KPIs, such as Days to Solvency, it is also a crucial factor.

To know more about sales revenue visit:

https://brainly.com/question/13910616

#SPJ4

Document creation is a key business function because it is essential for managing, archiving, and sharing important information.

Documents play an important role in business today, from managing customer records and sales invoices to tracking employee activities, to creating contracts and agreements. Documents are used for a variety of purposes, such as providing evidence of compliance with government regulations, facilitating communication between different departments, and forming a basis for decision-making.

The ability to create, edit, and store documents is a key part of any business’s operations. Document creation can help streamline processes, increase efficiency, and improve customer service. It can also help organizations save money by reducing the amount of manual labor required to perform tasks. Additionally, document creation can help ensure accuracy and consistency in the data that an organization stores and processes.

Finally, document creation is an important tool for creating accountability within an organization. By having an accurate record of all the activities and operations of an organization, it is easier to track progress, measure performance, and identify potential areas of improvement. This can help ensure that the organization is operating most efficiently and effectively as possible.

Learn more about document creation:

brainly.com/question/5527348

The policies that enabled the high-risk mortgages and financial instruments that caused the 2008 financial crisis reflect a neoliberal policy.

He points out the manner in which Morrinho has gained relevance outside the virtual city, particularly as the teenager's manipulation of the city's miniature inhabitants has shed light on the junction of class, power, kinship, identity, the state, and politics.

Our idea of when our ancestors began using drawings to express themselves has been altered by a discovery uncovered by researchers working in Blombos Cave in South Africa's southern Cape region. On a silcrete (stone) flake, they discovered a cross-hatched drawing that dates back 73 000 years. With an ochre crayon, it was created.

To know more about neoliberal policy visit :

https://brainly.com/question/28204230

#SPJ4

As gasoline supplies decline, prices rise and less gas-guzzling farm equipment is used, which could raise marginal product.

What materials makes up gasoline?

Numerous distinct compounds containing hydrogen and carbon make up gasoline (hydrocarbons). About 150 distinct hydrocarbons, including butane, propene, isopentane, and the BTEX chemicals, are often included in a normal gasoline combination (benzene, ethylbenzene, toluene, and xylenes)

Is fuel oil a gas?

Gas is the term used in both British and American English to describe the air-like material that burns readily and is used for heating and cooking. Gas, or gasoline, is another name for the substance that serves as a vehicle's fuel in American English.

To know more about Gasoline visit:

https://brainly.com/question/28762820

#SPJ4

ANSWER: Here Pavel's product is designed to help people perform a ritual.

An established sequence of actions, including gestures, words, objects, or actions and actions, is known as a ritual. Rituals may be prescribed by a community's traditions, particularly those of a religious society. Aspects of ritual that are differentiating but not defining include formalism, traditionalism, invariance, rule-governance, sacred symbolism, and performance.

Every known human society practices rituals. Weddings, burials, rites of passage, cleansing and atonement rituals, dedication ceremonies, coronation and presidential inaugurations, as well as the worship rituals and sacraments of organized religions and cults, fall under this category. Rituals can also involve commonplace actions like handshakes and greetings.

To know more about ritual visit:

https://brainly.com/question/26632952

#SPJ4

The account payable account is decreased with a credit is an incorrect statement. The correct option is (d).

Accounts payable are amounts that a company owes to its suppliers and are shown as a liabilities. It varies from notes payable liabilities, which are commitments established through formal legal contracts. A corporation's clerical, administrative, & financial assistance is handled by the accounts payable section.

They are in charge of keeping track of the business's immediate liabilities, paying vendor invoices & bills, and paying creditors like suppliers and other lenders. The change in total AP from the previous period is shown on the cash flow statement. In order to increase cash flow, management may decide to pay its outstanding debts as near to their due dates as possible.

To know more about Account Payable, visits:

https://brainly.com/question/29576496

#SPJ1