Dynasty Corp sold a truck for $15,000 cash. It was originally purchased for $50,000 and had accumulated depreciation of $30,000 at the time of sale. Prepare the journal entry for the sale of truck. Omit explanation.

What will be an ideal response?


Business

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Registration of securities with the SEC guarantees to a potential investor the financial soundness of the business represented by the stock

a. True b. False Indicate whether the statement is true or false

Business

The following are activities for State Hospital. Required: Classify each as a value-added (V) or nonvalue-added (N) and give an explanation why you answered the way you did.ActivityClassification (V or N)ExplanationPatients waiting in the lobby??Providing in-patient x-rays??Retaking x-rays to get a different view??Outpatient dialysis??

What will be an ideal response?

Business

Who are NIMBYs?

A)?Landowners who do not want certain developments near them (not in my back yard) B)?Zoning provisions that prevent large-box retailers from locating in small towns C)?EMF regulations on the location of cell-phone towers D)?An anti-Wal-Mart group

Business

The test statistic for the chi-squared test of a contingency table is the same as the test statistic for the goodness-of-fit test

Indicate whether the statement is true or false

Business