Answer: For an explanation, please refer to the explanation section
Explanation:
recording a journal entry for Patel Products selling a delivery van priced at $20,000 with accumulated depreciation totaling $18,000, while receiving $2,000 cash from the buyer, results in:
December 29, 2019
Account title----- Cash----------Debit $2,000
Account title----Accumulated Depreciation-----Debit $18,000.
Account title------Delivery Van ----Credit $20,000
The equipment's book value at the sale was $2,000, reflecting its original cost of $20,000 adjusted by the accrued depreciation of $18,000. Since Patel received the same $2,000 from the sale of the delivery van, there is no profit from the disposal.
The force of positive energy and motivation significantly impacts behavior. A positive energy encompasses traits such as enthusiasm and optimism that individuals aspire to embody. Motivation functions as a method incentivizing individuals to cultivate positivity and effectively achieve their objectives. In this scenario, Daisy indirectly encouraged Derrick, instilling motivation through her upbeat dialogue, resulting in Derrick's renewed focus and productivity.
Response:
It is estimated that between 1100 and 1300 high school students in Detroit could obtain a gun if they desired to do so.
Rationale:
For the lower boundary, take 55% of 2000, which equals 0.55 × 2000 = 1100.
For the higher boundary, take 65% of 2000, equaling 0.65 × 2000 = 1300.
Therefore, the calculated range of students in Detroit who could obtain a firearm is from 1100 to 1300.
