Balance sheet for the shredding machine and the building

Assignment Help Operation Management

Reference no: EM131464964

Houston’s Shredding Service has just completed a minor repair on a shredding machine. The repair cost was $1,050, and the book value prior to the repair was $4,950. In addition, the company spent $7,000 to replace the roof on a building. The new roof extended the life of the building by five years. Prior to the roof replacement, the general ledger reflected the Building account at $88,600 and related Accumulated Depreciation account at $42,000. Required After the work was completed, what book value should Houston’s report on the balance sheet for the shredding machine and the building?

Book Value

Shredding machine:

Building:

Reference no: EM131464964

Questions Cloud

Which issue does your group want to solve : You are answering the question: which issue does your group want to solve? Describe this issue in more detail than you did in section 1.

Select two client statements and offer your interpretation : select two client statements and offer your interpretation. You will explain the reasoning for your interpretation and the intention.

Upward-sloping marginal cost curve : In a constant cost industry each firm has an upward-sloping marginal cost curve, yet all the firms together -- i.e. the industry -- have a horizontal supply.

Completed a minor repair on a shredding machine : Houston’s Shredding Service has just completed a minor repair on a shredding machine.

Balance sheet for the shredding machine and the building : what book value should Houston’s report on the balance sheet for the shredding machine and the building?

Describe what you think is meant by the blue wall of silence : Please describe what you think is meant by blue wall of silence? Does it truly exist or is just a perception? Does subculture constrain officer's individual.

Compare the two scenarios for acquiring a machine : Compare the two scenarios for acquiring a machine for a project for 25 years expected operations,

How george schenk paved way for empowerment for his company : George Schenk's passion is making work meaningful, sustainable, and personal. He learned about wood-fired cooking from his grandmother in Vermont and.

Problem regarding the russian organized crime : Russian organized crime is ubiquitous - it has penetrated state structure in Russia and has control over a large portion of Russian banks.

User Account

All Pages