A manufacturer purchased machinery for rs 50000the

Assignment Help Accounting Basics
Reference no: EM13604385

A manufacturer purchased machinery for rs 50000.the estimated life of the machine was 10 years .At The beginning of the 4th year a new machine was purchased at a cost of rs 10000 and added to the list of machinery . You have been asked to write off 10 % depreciation under straight line method . You are required to show machinery account for the first 4 years

Reference no: EM13604385

Questions Cloud

One kilogram 1 kg of superheated steam at 300 degrees c : one kilogram 1 kg of superheated steam at 300 degrees c and 200 kpa is contained in a rigid tank. one thousand 1000 kj
Jordan who is paid monthly is single and claims 0 : jordan who is paid monthly is single and claims 0 deductions. he earns 100000 per year as a manager at a firm.
The new river gorge bridge in west virginia is a 518 m : the new river gorge bridge in west virginia is a 518 m long steel arch. how much will its length change between
Dean foods produces a variety of snack products including : dean foods produces a variety of snack products including fried pork rinds. the cost of one batch of pork rinds is
A manufacturer purchased machinery for rs 50000the : a manufacturer purchased machinery for rs 50000.the estimated life of the machine was 10 years .at the beginning of the
Four solid plastic cylinders all have radius 251 cm and : four solid plastic cylinders all have radius 2.51 cm and length 6.48 cm. find the charge of each cylinder given the
If the dew point is 10 oc determine the thickness of the : in a pharmaceutical plant a copper pipe kc 400 wm.k with inner diameter of 20 mm and wall thickness of 2.5 mm is used
What is fx0nbspnbspin other words what is the cdf at x0 : 1. consider the random variable x with the probability mass function pie-22iiwhat is px0?2. consider a fair coin. we
Formerly the market for air travel within europe was highly : formerly the market for air travel within europe was highly regulated. entry for new airplanes was severely

Reviews

Write a Review

Accounting Basics Questions & Answers

  The valentine company has decided to buy a machine costing

the valentine company has decided to buy a machine costing 31434. estimated cash savings from using the new machine

  The 3600 of property taxes for the house in orlando were

the 3600 of property taxes for the house in orlando were prorated with 1950 being apportioned to the seller and 1650

  Quayle oil company is considering investing in a new oil

quayle oil company is considering investing in a new oil well. it is expected that the oil well will increase annual

  What amount should frank use as state and local income

what amount should frank use as state and local income taxes in calculating itemized deductions for his 2012 federal

  In july 2011 financial media reported that glencore

in july 2011 financial media reported that glencore international plc a large swiss-based multinational producer of

  Fogelberg corporation is a regional company which is an sec

fogelberg corporation is a regional company which is an sec registrant. the corporations securities are thinly traded

  Determine amortization of bond discount or premium

A corporation issues for cash $2,000,000 of 8%, 15-year bonds, interest payable annually, at a time when the market rate of interest is 7%. The straight-line method is adopted for the amortization of bond discount or premium. Which of the followin..

  Tinbergen cans expects sales next year to be 50000000

tinbergen cans expects sales next year to be 50000000. inventory and accounts receivable combined will increase 8000000

  What is the effective annual rate

A local finance company quotes a 16.8 percent interest rate on one-year loans. So, if you borrow $30,000, the interest for the year will be $5,040. Because you must repay a total of $35,040 in one year, the finance company requires you to pay $35,..

  Procedures in collecting forensic evidence

Define the process you will use and address the following assessed classroom discussion questions: What procedures will be used to collect accounting evidence? What sampling tools and techniques will be used for the examination?

  How much gain or income will ben recognize on his

beth and ben are equal partners in the bb partnership formed on june 1 of the current year ben contributed land that he

  Russell age50 and linda age45 long have brought you the

russell age50 and linda age45 long have brought you the following information regarding their income and expenses for

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd