Answers

NA

Answered

Given the following data:Dec. 31,Year 2 Dec. 31,Year 1Total liabilities $128,250 $120,000Total owner's equity 95,000 80,000
(a) Compute the ratio of liabilities to owner's equity for each year.
(b) Has the creditors' risk increased or decreased from December 31, Year 1, to December 31, Year 2?

On May 16, 2024


NA

Answered

The entry to record the disposal of a laptop computer with a cost of $3,000 and an accumulated depreciation of $2,500 would be:

A) debit Depreciation Expense $3,000; credit Equipment $3,000.
B) debit Accumulated Depreciation $2,500; debit Loss on Disposal of an Asset $500; credit Equipment $3,000.
C) debit Equipment $3,000; credit Accumulated Depreciation $3,000.
D) debit Cash $3,000; credit Equipment $3,000.

On May 16, 2024


B
NA

Answered

What is the most common form of causal research?

A) questionnaires
B) interviews
C) experiments
D) online surveys

On May 13, 2024


C