subject
Mathematics, 17.08.2021 20:10 Ron1213

Phillip purchased a machine for his business last year. It cost $50,000. The machine required a skilled operator, who was a worker earning $2,000 per month. How will Phillip treat the cost of the machine and the wages of the skilled operator in his books of accounts?
In his books of accounts, Phillip will record the machine as a(an) blank
and the wages paid to the skilled operator as a(n)--blank
1.
A) asset
B) liability
C) expense

2.
A)asset
B) expense
C) revenue

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:00, laylay7383
The table below shows the height of a ball  x  seconds after being kicked.  what values, rounded to the nearest whole number, complete the quadratic regression equation that models the data? f(x)  =  x2  +  x  +  0based on the regression equation and rounded to the nearest whole number, what is the estimated height after 0.25 seconds?   feet
Answers: 2
image
Mathematics, 22.06.2019 02:00, joejoefofana
The trapezoid is composed of a rectangle and two triangles. what is the area of the rectangle? what is the total area of the triangles? what is the area of the trapezoid? a) 48 cm2; 32 cm2; 80 cm 2 b) 48 cm2; 16 cm2; 64 cm 2 c) 128 cm2; 32 cm2; 160 cm 2 d) 128 cm2; 16 cm2; 144 cm 2
Answers: 1
image
Mathematics, 22.06.2019 02:10, tmkyer2
Roderick wants to draw a circle for which the numerical value of the circumference is greater than the value of the area. which lengths could he use for the radius? check all that apply
Answers: 2
image
Mathematics, 22.06.2019 02:30, UngJae0213
What is the output, or dependent variable of quantity? 1: x 2: f(x) 3: y
Answers: 1
You know the right answer?
Phillip purchased a machine for his business last year. It cost $50,000. The machine required a skil...

Questions in other subjects:

Konu
Computers and Technology, 30.10.2020 22:30