For long-lived assets that have been in use for more than one accounting period, Depreciation Expense on the ______ Accumulated Depreciation on the ______. Multiple choice question.

Answers

Answer 1

Answer:income statement will be less than; balance sheet

Explanation:

Answer 2

 For long-lived assets that have been in use for more than one accounting period, Depreciation Expense on the debit. Accumulated Depreciation on the credit.

Therefore, the entry that was made by the accountant, assets and stockholders' equity will be decreased.

Depreciation simple defined as the allocation of the cost of a long-lived, tangible asset over its useful life making an expense on the income statement that is matched against the revenue gotten by the use the asset.

The effect of recording depreciation expense on the accounting equation is that Total assets decrease and Total stockholders' equity decreases

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Related Questions

which of the scenarios is the best example of a firm practicing perfect price discrimination?

Answers

Someone who is able to divine what the information is worth to each customer

4. You hire three individuals as independent contractors (gardener, hairdresser, handyman). What is the maximum you can annually pay each and NOT be required to report the earnings to the IRS on a Form 1099-MISC?

A. I don't know
B. $0 - I am not required to report their earnings because they are independent contractors
C. $259
D. $499
E. $599
F. $1,899

Answers

Answer:

c

Explanation:

the largest portion of federal tax revenue comes from _____.

Answers

Individual income tax

warren works at a distribution center that ships merchandise by truck to 300 stores. in order to handle complex transportation problems, what does warren rely on?

Answers

In other to maximize the effectiveness of delivery equipments and manage time, Warren would need to rely on routing and scheduling softwares.

Handling logistics is an important aspect of business as it is at the core of the distribution process. Therefore, in other to solve complex transportation problems, reliance would be on routing and scheduling software.

These softwares takes into cognizance, road, traffic and other constraints on other produce the most efficient route for warren.

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How has Tesco’s performed against each of the measures of success?

Answers

Answer:

For a long time, we measured our performance using the Steering Wheel. ... We now have just six simple, key business performance measures. It's about alignment and focus: if we give our colleagues more power to choose the right actions, we'll do a better job for customers and achieve greater success for our business.

Answer:

Tesco has been particularly successful because of its powerful brand.  It has a reputation for value, low prices and for being customer focused.  Its brand equity and associations have helped the company to expand into new sectors and markets.  Tesco has also been strong in public relations, advertising and building profile in catchment areas on a local level.  This local approach to marketing appears to be a key driver for success.

what is the primary driver of the left hand of the yield curve

Answers

Answer:

Central bank interest rates.

Explanation:

Question 4 of 10
Which of the following is not a characteristic of both experiments and
surveys?
A. The researcher exercises direct control over at least one variable.
B. The data collected might be studied for patterns.
C. Subjects should be randomly selected.
D. Data are collected about a population.
SUBMIT

Answers

Answer:

C, Subjects should be randomly selected.

If you want a good result, you shouldn't throw random subjects in your survey.

I hope this helped at all.

The answer is c hope that helps you

Which of the following symptoms is NOT associated with an allergic reaction?
Trouble breathing
Anxiety
OOO
Fainting
Screaming

Answers

When one is having an allergic reaction to something, one symptom that is not expected is Screaming.

An allergic reaction usually leads to the following:

Person has trouble breathing Person develops anxiety Person might faint

It is not a usual thing that a person will scream as a result of an allergic reaction.

We can therefore conclude that screaming is not associated with allergic reactions.

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In March, stockholders of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if she or he owned 160 shares before the split

Answers

The number of shares that an investor will have after split is 320 shares.

Stock split refers to when a company divides its existing shares into multiple shares.

Here, we are to find the number of shares that an investor will own.

Given Information

Stock split rate = 2-for-1 stock split (2/1)

Share holding before split = 160 shares

Number of shares after the split = Share holding before split * Stock split rate

Number of shares after the split = 160 shares * 2/1

Number of shares after the split = 320 shares

Therefore, the number of shares that an investor will have after split is 320 shares.

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maura had to get a $350 emergency loan at a very high interest rate to pay for dental work. the lender did not need her credit history. if she does not pay back the loan within three weeks, she will have to pay an extra $50. raina says the loan is an example of easy-access credit while maura says it is an example of open-end credit. which statement about the loan is correct?

Answers

Answer:

The correct answer is:

C) Raina is correct because the loan has a large fee if it is not repaid on time.

Explanation:

When aggregate demand falls, to avoid a(n) and return to the long-run equilibrium, we must increase aggregate demand.

Answers

Answer:recession or contraction

Explanation:

The name of the Department that is primarily involved in the sourcing, screening and hiring of personnel is:

Answers

Answer:

Explanation:

Hr

Bottle Breacher was a successful company that began with crowdfunding through the television show Shark Tank. This is an example of the ______ model of crowdfunding, where an entrepreneur offers a stake in the company in exchange for backing.

Answers

Considering the situation described above, this is an example of the "Reward-based" model of crowdfunding.

This is because a reward-based crowdfunding model is a type of crowdfunding that gives the donor something of value in return.

These rewards may be in the form of commodities, services, discounts, or adverts, etc.

There are various types of crowdfunding models. The most common types are the following:

Equity-based model;Donation or social-based model;Lending model;Reward-based model.

Hence, in this case, it is concluded that the correct answer is the "Reward-based model" of crowdfunding.

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Identifying the problem, explaining why the issue is important, setting goals, pinpointing targets and tactics, and identifying allies are among the fill in blank strategy of HRW

Answers

Strategies in the human resources sector are responsible for managing the company's human capital, identifying problems and allies, setting goals, pointing out targets and tactics that will make the company's culture stronger.

Some HR functions are:

Manage internal relationships.

Carry out recruitment and selection processes.

Manage changes.

Develop training and development programs.

Human capital is the most precious resource of organizations, since the business environment is increasingly competitive, and therefore the set of knowledge and learning in a company will be the factor to develop creativity and innovation.

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Answer:

Advocacy

Explanation:

Advocacy

Purchased goods on credit Rs. 2,000 from hari at 10% trade discount​

Answers

Answer:

SHE / HE HAS PURCHASED GOOD = 2000

CREDIT CARD

DISCOUNT = 10 %

[tex] \frac{10}{100} \times 2000 \: = \frac{10 \times 20}{1} = 200[/tex]

DISCOUNT YOU GOT IS 200

Click this link to view O*NET's Work Activities section for Postsecondary Education Administrators.
Note that common activities are listed toward the top, and less common activities are listed toward the bottom.
According to O*NET, what are common work activities performed by Postsecondary Education Administrators?
Check all that apply.
making decisions and solving problems
operating vehicles
communicating with supervisors, peers, or subordinates
establishing and maintaining interpersonal relationships
repairing and maintaining electronic equipment
drafting, laying out, and specifying technical devices, parts, and equipment

Answers

Answer:

BDE

Explanation:

Answer:

A C D

Explanation:

what is the general rule for recognizing revenues in governmental funds?

Answers

Revenues should be recognized when available and measurable.
*Revenues should be recognized when available
and measurable.*
I got right but you can search more info on internet

_____ refers to raw materials, work-in-process, or finished goods that are maintained to support production or satisfy customer demand.

Answers

Answer:

inventory

Explanation:

inventory refers to raw materials, work-in-process, or finished goods that are maintained to support production or satisfy customer demand.

Jamie Lee and Ross understand that purchasing the second home for the triplets to use during the college years is not all about saving money by avoiding paying the dorm rent. What are some of the liabilities that Jamie Lee and Ross can expect that are directly connected to owning the second home, that might make them second-guess the purchase?

Answers

Some of the liabilities that Jamie Lee and Ross may pay that make them to second guess the purchase would be loans and mortgages.

If the house is a mortgage then it would mean that the house would be a liability instead of an asset. This is going to make them to second guess on buying this house.

If these parents borrowed money in order to purchase the home it would be a liability on them because they would have to pay back the money owed.

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Aryn and Mary started at the organization on the same day. Both are hard workers and perceive that they are equitably rewarded for their efforts. According to equity theory, it is likely that both will __

Answers

Answer:

Both will continue to put forth effort

Explanation:

I remeber this question from a hw

the ______ perspective of the balanced scorecard asks the question, how do we look to our shareholders?

Answers

According to the strategy map, the finance perspective of the balanced scorecard asks the question, how do we look to our shareholders.

The strategy map of any business activity is categorized into four divisions.

The financial data perspective of the balanced scorecards focuses on income, expenditures, financial ratios, budget variances, income targets, and shareholders, etc.

Other categories of balanced scorecards include the following:

Learning and growthBusiness processesCustomers

Hence, in this case, it is concluded that the correct answer is "Finance."

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A form of sales promotion that offers prizes based on a chance drawing of entrants’ names is referred to as a

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The term that describes form of sales promotion where prize is been offered based on a chance whereby  entrants’ names are drawn is sweepstakes.

Sweepstakes can be regarded as a race or contest whereby there is allocation of the entire prize to the winner specifically.

In this case the prize is drawn base on entrants’ names.

Therefore, sweepstakes is the correct term.

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Where do u record sundry expenses in a purchase ledger

Answers

Answer:

Sundry expenses are shown on the expenses side (left) of a profit and loss account (Income statement).

Explanation:

Answer:

Sundry expenses are shown on the expenses side (left) of a profit and loss account.

at what age can you withdraw from 401k without paying taxes

Answers

Answer:

around the age 59 1/2

Explanation:

The withdrawls will be subject  to ordinary income tax, based on your tax bracket.

when intermountain healthcare wants patients to have comprehensive, standardized, detailed information about their condition and their treatment plan, what is the most appropriate way to communicate this information to providers, who will then give it to patients?

Answers

The most appropriate way to communicate this information to providers will be in information sheets that are produced and distributed through a centralized network.

Based on the information given, it should be noted that the healthcare organization needs to be effective in order to ensure that there's proper information to be provided.

Therefore, when intermountain healthcare wants patients to have comprehensive, standardized, detailed information about their condition and their treatment plan, it should be communicated in information sheets that are produced and distributed through a centralized network.

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Fred lost his factory job, replaced by welding robots. He has now given up looking for work. Fred is:

Answers

Hes facing structural unemployment

A(n) _____ note is an obligation requiring a series of payments to the lenders. Multiple choice question. secured registered term installment

Answers

Answer: installment

Explanation:

because of automation, which component of product cost is declining?

Answers

The costs involved in creating a product are called Product Costs. These costs include materials, labor, production supplies and factory overhead. The cost of the labor required to deliver a service to a customer is also considered a product cost

When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of

Answers

When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of Brand extension.

A brand extension or brand stretching involves a company using one of its product brand names on a new product. The new product is known as a spin-off.

This method increases the new brand sales.

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Name three valid reasons (termination for cause) an employee may be terminated from a job?

Answers

Stealing drinking on the job and and charging people extra to keep the money
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