Business, 09.04.2021 04:00, ELIZABETH7777
Marriott International is a worldwide operator, franchisor, and licensor of hotels, residential, and timeshare properties totaling nearly $1.8 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. Give the journal entry for the disposal of the furniture, assuming that it was sold for
a. $300,000 cash
b. $900,000 cash
c. $100,000 cash
2. Based on the three preceding situations, explain the effects of the disposal of an asset.
Answers: 2
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Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?
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After testing its water, a city water department issues a report to the related citizens, noting what chemicals have been identified, their doses, and the estimated risks of exposure at these levels. this report represents a type of
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Marriott International is a worldwide operator, franchisor, and licensor of hotels, residential, and...
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