Answer:
Explanation:
The expenses would be debited and the cash would be credited as the cash is going out of pocket.
Date Account title and explanation Debit Credit
30 August Rent expense $2300
Gas & Electric expense $525
Wages of an employee expense $1750
Cleaning fee $275
Cash account $4850
Thus, this entry would be passed by JumpStart on August 30.
Answer:
(3) depreciation
Explanation:
Based on the information provided it seems that the firm recognizes the tax benefits of a lower net income provided by the annual depreciation of the asset. This refers to the decline in value of the asset, which in this case is the satellite, because of the continuous use that the asset is being given which causes it to wear down and not be worth the same as a brand new one.
Answer:
The measures is to get the Government in developing and shaping of contents of the e-learning software.
Explanation:
By getting the Government agent(s) or authority in the development and shaping of contents of the software, you are not only creating harmony with the local government but also ensuring that the agent helps scrutinizing the content of the software and also ensuring that the software does not contain any content that is objectionable to the government and this measure will definitely help Gerlach Publishing acquire a trade license.
Answer:
the 1st on is false and the second is true