Answer:
Journal Entry for disposal (or) sale of Truck
Explanation:
- Truck (asset) sold for cash, bank, or on credit {On loss}
Cash ac dr (or) Bank ac (or) Debtor ac (Or) ac ... dr
P & L ac ... dr
to Truck ac ... 32000
- Truck (asset) sold for cash, bank, or on credit {On gain}
Cash ac dr (or) Bank ac (or) Debtor ac (Or) ac ... dr
to Truck ac ... 32000
To P & L ac
Answer:
The opportunity cost is $24,000
Explanation:
Giving the following information:
Suppose your expenses for this term are as follows:
tuition: $12,000
Room and board: $6,500
Books and other educational supplies: $1,500.
Further, during the term, you can only work part-time and earn $3,500 instead of your full-time salary of $14,000.
Costs of college:
tuiton= 12000
Books= 1500
Lost of salary= 10,500
Total= $24,000
Answer:
Wanda is most likely to refuse.
Explanation:
The stage 4 of Kohlberg's Moral Development Model is defined as the Law and Order Orientation Stage, in which doing what is dutiful is paramount. If Wanda accepted his supervisor's demands, she would be breaking a law (the GAAP), and this act would therefore go against what the Kohlberg's model proposes. She will most likely respect the law despite the conquesequences that this might have on her personal life (for example, being fired).