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NEW QUESTION: 1
On 1 January 2012, Sigma Ltd purchased a non-current asset for cash of $100,000 and received a grant of $20,000 towards the cost of the asset. Sigma Ltd's accounting policy is to treat the grant as deferred income. The asset has a useful life of 5 years.
What will be the accounting entries to record the asset and the grant in the year ended 31 December 2012?
A. DebitCredit Non-current asset at 1 January 2012$100,000 Cash at 1 January 2012$20,000 Depreciation expense at 31 December 2012$20,000 Equity reserve at 31 December 2012$4,000 Cash at 1 January 2012$100,000 Deferred income at 1 January 2012$20,000 Accumulated depreciation at 31 December 2012$20,000 Operating expenses$4,000
B. DebitCredit Non-current asset at 1 January 2012$100,000 Cash at 1 January 2012$20,000 Depreciation expense at 31 December 2012$20,000 Cash at 1 January 2012$100,000 Deferred income at 1 January 2012$20,000 Accumulated depreciation at 31 December 2012$20,000
C. DebitCredit Non-current asset at 1 January 2012$100,000 Cash at 1 January 2012$20,000 Depreciation expense at 31 December 2012$20,000 Deferred income at 31 December 2012$4,000 Cash at 1 January 2012$100,000 Deferred income at 1 January 2012$20,000 Accumulated depreciation at 31 December 2012$20,000 Operating expenses$4,000
D. DebitCredit Non-current asset at 1 January 2012$100,000 Depreciation expense at 31 December 2012$20,000 Deferred income at 31 December 2012$4,000 Cash at 1 January 2012$100,000 Accumulated depreciation at 31 December 2012$20,000 Operating expenses$4,000
Answer: C

NEW QUESTION: 2
Which design feature is unique to the EliteBook x360 1020G2?
A. 270 hinge
B. 180 hinge
C. 150 hinge
D. 360 hinge
Answer: D
Explanation:
Explanation
https://www.pcmag.com/review/358308/hp-elitebook-x360-1020-g2

NEW QUESTION: 3

A. TCP 80
B. TCP 443
C. TCP 5061
D. UDP 3478
E. TCP and UDP 50000-59999
Answer: B,D,E
Explanation:

References: https://support.microsoft.com/en-za/help/2409256/you-can-t-connect-to-skype-for- business-online--or-certain-features-do

NEW QUESTION: 4
In the project environment, the individual ultimately responsible for quality control is:
A. The line workers who must strive "to do things right the first time" to avoid quality problems.
B. the company's quality control manager who must work with the project members to ensure the quality control program is effective.
C. The project manager who has ultimate responsibility for the entire project.
D. The head of the production department who retains ultimate quality control responsibility for all the company's projects.
E. the customer who must ensure that he is receiving a quality product from the vendor.
Answer: C