Phillip purchased a machine for his business last year. It cost $50,000. The machine required a skilled operator, who was a worker earning $2,000 per month. How will Phillip treat the cost of the machine and the wages of the skilled operator in his books of accounts?
In his books of accounts, Phillip will record the machine as a(an) blank
and the wages paid to the skilled operator as a(n)--blank
1.
A) asset
B) liability
C) expense

2.
A)asset
B) expense
C) revenue

3kb

Step-by-step explanation:

2w2w2bw2

use an equation of ratios to determine the amount of gas needed to fill the tank.

    0.2             0.8

  =    

288.75             x

                                                              231 gal

so, 0.2x = (0.8)(288.75 gal), and x = = 1155 gal.

                                                                0.2

it would take 1155 gal. to fill the tank.

the cost would be

1155 gal         $3

* = $3465   (answer)

      1           1 gal

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the answers are in the images, i received 100% on this assignment. hope this !