Concord Corporation traded in a manual pressing machine for an automated pressing machine and gave $43000 cash. The old machine cost $471000 and had a net book value of $336000. The old machine had a fair value of $300000. Which of the following is the correct journal entry to record the exchange assuming commercial substance? A. Equipment 343000
Equipment 300000
Cash 43000
B. Equipment 343000
Loss on Disposal 36000
Accumulated Depreciation 135000
Equipment 471000
Cash 43000
C. Cash 43000
Equipment 300000
Loss on Disposal 36000
Accumulated Depreciation 135000
Equipment 514000
D. Equipment 649000
Accumulated 135000
Depreciation Equipment 471000
Cash 43000

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in