Business, 18.12.2019 02:31, victoriadorvilu
Marriott international is a worldwide operator and franchiser of hotels and related lodging facilities totaling nearly $1.5 billion in net property and equipment. assume that marriott replaced furniture that had been used in the business for five years. the records of the company reflected the following regarding the sale of the existing furniture:
furniture (cost) $ 8,000,000
accumulated depreciation 7,700,000
required:
1. prepare the journal entry for the disposal of the furniture, assuming that it was sold for: (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in dollars not in millions.)
a. $300,000 cash
b. $900,000 cash
c. $100,000 cash
-record the disposal of the furniture, assuming the furniture sold for $300,000 cash.
-record the disposal of the furniture, assuming the furniture sold for $900,000 cash.
-record the disposal of the furniture, assuming the furniture sold for $100,000 cash.
Answers: 3
Business, 22.06.2019 10:50, lindalu
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Business, 22.06.2019 19:30, Lucid4465
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment. b. structural and frictional unemployment. c. cyclical and structural unemployment. d. frictional, structural, and cyclical unemployment.
Answers: 2
Marriott international is a worldwide operator and franchiser of hotels and related lodging faciliti...
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