Business, 20.05.2021 23:10, ZachLaVine2016

When removing a fully depreciated Asset from your accounting books you will Debit
your
and Credit your
A. Depreciation Expense; Cash
B. Accumulated Depreciation ; Depreciation Expense
C. Depreciation Expense; Inventory
D. Accumulated Depreciation ; Inventory

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 17:50, hinokayleen5053

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.

Answers: 1

continue

Business, 22.06.2019 20:20, Hi123the

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44

Answers: 2

continue

Business, 23.06.2019 00:50, kellimcollier8294

Mr. drucker uses a periodic review system to manage the inventory in his dry goods store. he likes to maintain 15 sacks of sugar on his shelves based on the annual demand figure of 225 sacks. it costs $2 to place an order for sugar and costs $1 to hold a sack in inventory for a year. mr. drucker checks inventory one day and notes that he is down to 9 sacks; how much should he order?

Answers: 1

continue

Business, 23.06.2019 01:50, snikergrace

The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap

Answers: 2

continue

Do you know the correct answer?

When removing a fully depreciated Asset from your accounting books you will Debit
your
...