Business, 25.03.2020 05:30 tahjaybenloss16
The accumulated depletion account is a. an intangible asset account b. reported on the balance sheet as a deduction from the cost of the mineral deposit c. an expense account d. reported on the income statement as other expense
Answers: 3
Business, 22.06.2019 15:50
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
Answers: 1
Business, 22.06.2019 18:00
*will mark brainliest! * when a company spends resources (labor, money) to give customers "free" items, those costs are called a. investment costs b. economic costs c. scarcity costs d. opportunity costs answer asap!
Answers: 1
Business, 23.06.2019 13:00
Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect? a. the costs flow from raw materials inventory to work-in-process inventory to finished goods inventory. b. the format for computing the amount used, manufactured, or sold is the same for all three inventory accounts. c. the final amount at each stage is added at the beginning of the next stage. d. purchases of raw material and freight in are debited to the work-in-process inventory account.
Answers: 1
Business, 23.06.2019 14:30
Due to rapid employee turnover in the accounting department, the following transactions involving intangible assets were improperly recorded by bridgeport corporation. 1. bridgeport developed a new manufacturing process, incurring research and development costs of $195,600. the company also purchased a patent for $45,200. in early january, bridgeport capitalized $240,800 as the cost of the patents. patent amortization expense of $12,040 was recorded based on a 20-year useful life. 2. on july 1, 2017, bridgeport purchased a small company and as a result recorded goodwill of $52,000. bridgeport recorded a half-year’s amortization in 2017, based on a 20-year life ($1,300 amortization). the goodwill has an indefinite life. prepare all journal entries necessary to correct any errors made during 2017. assume the books have not yet been closed for 2017.
Answers: 1
The accumulated depletion account is a. an intangible asset account b. reported on the balance sheet...
English, 05.05.2021 21:40
Mathematics, 05.05.2021 21:40
English, 05.05.2021 21:40
Mathematics, 05.05.2021 21:40
Mathematics, 05.05.2021 21:40
Mathematics, 05.05.2021 21:40
History, 05.05.2021 21:40
Mathematics, 05.05.2021 21:40
History, 05.05.2021 21:40
Mathematics, 05.05.2021 21:40
Mathematics, 05.05.2021 21:40