Assume that kertis had accumulated depreciation in 2007 of

Reference no: EM13596568

Kertis, Inc. reported Net fixed assets as follows on its Balance sheets for December 31, 2007 and December 31, 2008:

2007 2008
Net fixed assets 200,000 250,000
On it 2008 Income statement, Kertis recorded depreciation expense of $23,000.

Assume that Kertis had Accumulated depreciation in 2007 of $138,857. If Kertis did not sell any fixed assets in 2008, what would Kertis have recorded as Accumulated depreciation in 2008?

Reference no: EM13596568

Questions Cloud

Gross fixed assets 135400 163200less accumulated : part of the long-term asset portions of the certis inc. balance sheets for december 31 2004 and december 31 2005 look

Mimi company is considering a capital investment of 240000 : mimi company is considering a capital investment of 240000 in new equipment. the equipment is expected to have a 5-year

The total cost in dollars of manufacturing x auto body : the total cost in dollars of manufacturing x auto body frames is cx 60000 300x find the average cost per unit if 500

On its 2008 income statement mertis recorded depreciation : mertis inc. reported net fixed assets as follows on its balance sheets for december 31 2007 and december 31 2008 look

Assume that kertis had accumulated depreciation in 2007 of : kertis inc. reported net fixed assets as follows on its balance sheets for december 31 2007 and december 31 20082007

Assume the beginning inventory at cost retail were 265600 : barker pet supply uses the conventional retail method to determine its ending inventory at cost. assume the beginning

What would the cost schedule of cost of goods manufactured : what would the cost schedule of cost of goods manufactured look like and what does the income statement for cost of

The management of kirchner inc asks your help in : the management of kirchner inc. asks your help in determining the comparative effects of the fifo and lifo inventory

The balance sheet of tech track reports total assets of : the balance sheet of tech track reports total assets of 400000 and 500000 at the beginning and end of the year

User Account

All Pages