Example of Gain or Loss on the Sale of Fixed Assets and the Cash Flow Statement When fixed assets are sold‚ by definition‚ money is‚ or will be received. The result is entries to Cash or Accounts Receivable. You must also make entries to remove the Asset from the books and to remove any Accumulated Depreciation on the books for that Asset. The result is that the sum of the debits will not equal the credits in this transaction. The account that will be used to balance the debits and credits
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What was the first successful English colony founded in 1607? The first successful English colony was Jamestown. What was the headright system? The headright system was used by the Virginia Company which gave 50 acres of land for each person that a settler paid to bring over to North America. This allowed estates to be established‚ which could be worked by indentured servants. How long did indentured servants work for? They worked for 7-10 years‚ after which they were paid their dues so that they
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No pain no gain The concept of "no pain no gain" in the exercise and bodybuilding world has come under significant scrutiny in recent years. Some studies suggest that exercising muscle tissue to the point of pain or failure does not necessarily result in a gain in overall muscle mass. In fact‚ the damage caused by overworking or straining a muscle group can be greater than any perceived gain in mass or definition. A number of professional trainers now advise their clients to stop performing an
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The Declaration of Independence 3/10/2015 By: Thomas Jefferson On July 4‚ 1776 in Philadelphia the Declaration of Independence was signed by all thirteen colonies. The document was addressed to the king of Great Britain King George III. The document was written because the thirteen colonies are demanding their independence from Britain‚ because the Americans are tired of being controlled by a bunch of tea sipping-cracker munchers. I believe that some of the harsh things that the
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Question #11: Five Strategies to Prevent Weight Gain in College Following the American Psychological Association’s Guidelines Community College of Allegheny County Strategy Number One: Do Not Skip breakfast A lot of college students are prone to skipping breakfast for a multitude of reasons. Many believe that breakfast can be a pointless meal and it is simply a waste of time at the beginning of their day. However‚ breakfast is said
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Democracy in the Colonies. Even though American colonies provided some economic opportunities and political freedom to its people it was still not close to a democratic society. A lot of colonists had horrible life conditions that led them to their death. Even though in document 5 shows how the people were living happy and in peace‚ it was only because of the island they purchased which was a good deal to them. I believe that in document 5 the people were happy just because they somehow got
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Southern Colonies The southern colonies consisted of five of the first thirteen colonies‚ which were North Carolina‚ South Carolina‚ Georgia‚ Maryland‚ and Virginia. Where the climate was the warmest out of the three colonial regions‚ which to those living there was a good thing because survival in the winter was easier for them. Even back in the day‚ money has been an issue for many. This is why many colonist from New England decided to move to the Southern Colonies. In the southern colonies‚ the
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The colony of Maryland is a very unique colony in many different ways. The colony was formed in 1634 by two hundred emigrants‚ mostly Roman Catholics. With the founding of Maryland came the first permanent proprietary government of America‚ that is‚ a government by a lord proprietor‚ who‚ holding his authority by virtue of a royal charter‚ nevertheless exercised that authority almost as an independent sovereign. Maryland is surrounded by the three colonies Virginia‚ Pennsylvania‚ and Delaware and
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The Lynchburg Colony Emily Moreland Longwood University The Lynchburg Colony The video that we watched about the Lynchburg Colony in a word was horrifying. I had a few other observations other than that however. The main thing that shocked me was that I had never heard of this before. I don’t understand how people could just treat people like they were not even human. I guess that I have heard of things happening like this‚ but never in the United States and to this extreme. To treat people
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England was hurting the colonies with extra taxes and breaking promises. England was just using the colonies to make the country bigger and greater but does not really care for the colonies. For example‚ the Tea Act was used my Britain to make the colonies pay the British East India company that helped Britain. Therefore‚ Jefferson uses Locke’s argument to present a reason to break away for England. England was not doing the right thing for the colonies‚ so the colonies had the right to break away
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