On December 29, Patten Products Inc. sells equipment that cost $20,000. After recording the entry to bring the accumulated depreciation up-to-date through the date of the sale, the equipment had accumulated depreciation of $18,000. Patten received $1,500 cash from the company that purchased the equipment. Complete the necessary journal entry.

The maximum amount of money that a consumer can charge on a credit card is called the

Sara is a manager at a restaurant with employees from different cultural backgrounds. which action of sara could employees perceive as an act of favoritism?

You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?