A company purchased equipment for $ 2,000 cash. the seller stated that the equipment was worth $ 2,400. at what amount should the equipment be recorded? at $ 2,000 or $2,400? justify your answer​

Answers

Answer 1
2,400 is the correct answer

Related Questions

If you convinced your principal to cancel an assembly because of a political
concern, what would this situation be an example of?
A. Drawing conclusions
O B. Prediction
O C. Rhetoric
O D. Generalization

Answers

Answer:

I believe the answer is C (Rhetoric).

Explanation:

Rhetoric refers to the art of persuasion. According to the question, the principal was convinced to cancel an assembly due to a political concern.

Which view is represented below?

Datasheet view
Design view
PivotChart view
PivotTable view

Answers

Answer:

Datasheet view is represented

Answer:

Datasheet view is the answer

Explanation:

A datasheet is a useful way of viewing data in Acces.Most importantly,datasheet view allows a user to view many table records at the same time.In datasheet view,information is displayed in rows and columns-similar to a spreadsheet.Records are displayed as rows,so each row is an individual record.

I’d like to be a web developer,” says Cyrus. “But I don’t know if I want to spend my career at a big company.” What is the BEST advice to give Cyrus?

A.
“Demand for that career is falling. You may not have a choice but to work for a big company.”
B.
“Actually, most web developers work remotely or at small companies.”
C.
“Big companies aren’t so bad when you get used to them.”
D.
“Don’t worry! Web developers work at companies of all sizes and can even work freelance.” HELP ASAP

Answers

Answer:

D

Explanation:

I think D is the most appropriate , since developers can technically work at any company , and a good percentage work in freelancing .

Also for answer B it specified that web developers work either at small companies or remotely , which is not limited to only these two... hope this helps.

What term refers to the power of the government to tax and spend to achieve
economic goals?
A. Fiscal policy
B. Discretionary spending
C. Monetary policy
D. Economic efficiency.

Answers

The answer is A Fiscal policy

Suppose you are the manager of a company and must decide whether to outsource your Human Resources department.

Based on the information above, please outline arguments supporting and opposing a decision to outsource this function of your business. Use the IRAC method to outline your argument

Answers

IRAC method is used in outsource the human resource department for the company, as it helps the company to understand the types of employees they needs with the issue, rule, analyze and go to conclusion with the hiring the human resource department.

What is meant by human resource department?

Human resource department is the department in the organization that facilitates the company to employee the best and suitable candidate for the vacancy.

They take the interview before finalizing the candidate and check the capability of the candidate and evaluate the skills according to the demand of company.

Thus,IRAC method is used in outsource the human resource department for the company.

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The drawings account receives a __________ entry when the owner withdraws money for personal use.

A. Debit
B. Credit

Answers

B. Credit

Hope this helps :)
The drawings account receives a DEBIT entry when the owner withdraws money for personal use.

Option A

Hope this helps you :))

Receiving a payment from a debtor on account would affect the Accounts Receivable with a __________ entry.

A. Debit
B. Credit

Answers

Answer:

Credit.

Explanation:

The investment with the highest risk is ____.
A. government bonds
B. stocks
C. mutual funds
D. real estate

Answers

The investment with the highest risk is known as the C. mutual fund.

What is a mutual fund?

It should be noted that a mutual fund simply means investing in securities, bonds, ad debt by the company.

Therefore, the investment with the highest risk is known as the mutual fund.

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Answer:

B. Stocks

Explanation:

Stocks do not guarantee giving return to the visitor, and they are easy to lure people into scams.

The first thing you should do when you receive a job application is read the entire document before you begin
completing it.
True
False

Answers

[tex]Answer[/tex]:-

The first thing you should do when you receive a job application is read the entire document before you begin

completing it.

[tex]True[/tex]

Identify the tasks performed by workers in a Production career. Choose all that apply. cleaning and maintaining equipment and tools managing budgets and costs feeding materials into machines, and removing materials from machines researching and comparing prices of products and services checking and testing products or parts designing and enforcing safety procedures to the environment

Answers

Answer:

The task that is performed by the worker in the production department is cleaning and maintaining equipment and tools, feeding material into machines, removing materials from machines and checking and testing products or parts.

What is the production career?

Production personnel, in particular, are in charge of creating the final products. The labor of the production uses different types of equipment and parts of the machinery to allocate them in a systematic way. Others may work on a conveyor belt line, where each employee is responsible for their duty.

Thus, maintaining equipment, feeding materials to machinery and testing and checking parts are the right option

Explanation:

informal organizations arise spontaneously as people associate with one another

Answers

Answer:

If this is a true/false then I would say true.

You are working for an organization that provides clean water technology to communities in Africa. They have never worked in Malawi, but want to and need to understand how consumers source water, how they prepare it (sterilize or clean it), and how they use it. You know that a study was done on water sources, water preparation, and water uses in Kenya. ● What type of research would the Kenya study be considered and how would you go about validating its findings for Malawi (a different country in Africa)? How would your answer change if your organization was considering a community in a remote area of Nicaragua?

Answers

The research type of the Kenya study would be qualitative, and to validate its findings in Malawi it would be necessary to apply new research in the region.

What is qualitative research?

It corresponds to an approach that considers subjective aspects of human behavior and society, related to cultural and historical individualities of a population.

Therefore, according to the analysis of the case, it would be essential that for each challenge in the search to understand the behaviors of a different country in relation to water, a new qualitative research was developed.

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The potential benefits a person or business gives up when making an
economic decision is called the
O A. profit margin
B. capital investment
C. opportunity cost
O D. production possibility

Answers

The potential benefits a person or business supplies when getting an

economic decision is called the opportunity cost.

What is an opportunity benefit in economics?

Opportunity cost is the decision that one takes in order to get something. The benefit is the decision that a person gives in personal or professional life.

If the outcome of the decision is in favor than the opportunity cost is in benefit and if the decision has consequences than the opportunity cost is in loss.

Thus, option C is correct.

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Explain how the open market works through the balance sheet of the central bank and related entities?

Answers

Answer:

Open market operations (“OMOs”) are the central bank's primary tool of monetary policy. If the central bank wants interest rates to be lower, it buys bonds. Buying bonds injects money into the money market, increasing the money supply.

Which statement describes why you should start retirement planning early?
A. Your income will decrease, while your expenses will stay the
same.
B. Your income will increase, while your expenses will decrease.
C. Your income will decrease, while your expenses will increase.
D. Your income will increase, while your expenses will stay the same.

Answers

The reason why you should begin to plan retirement at an early stage is that C. Your income will decrease, while your expenses will increase.

Why should you plan retirement early?

As you grow older, the value of your income will decrease thanks to inflation which depreciates the value of money.

This also means that the value of your expenses increases. You should therefore start planning for retirement earlier when you have more income.

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Answer:

C. Your income will decrease, while your expenses will increase.

Explanation:

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