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Calculation of amount of depreciation under SLM.
A machine was purchased for Rs 96,000. Expenses incurred on its cartage and installation Rs 24,000. The residual value at the end of its Expected Useful Life of 4 years is estimated at Rs 48,000. Calculate the amount of depreciation for the first year ending on Mar 31, 2009 if the machine was purchased on (i) Apr 1, 2008, (ii) July 1, 2008, (iii) Oct 1, 2008 and (iv) Jan 1, 2009.
Describe the differentiation between product versus general, selling, and administrative costs by setting up financial statements from the transactions in the problem. Respond to at least two of your classmates’ postings.
refer to the feedback sheet attached to see where marks could be lost. you are not required to complete the
It would save $6,300 per year over the present method of delivering pizzas. In addition, it would result in the sale of 2,300 more pizzas each year. The company realizes a contribution margin of $1 per pizza.
What is the effective annual rate on this loan? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations.
write a paper of no more than 1000 words responding to the questions below format the paper and presentation consistent
If the predertimed overhead rate is base on machine hours, illustrate what is the total amount credited to the factory overhead account for the year for carlson?
1. what is the campanys revenue recongnition policy?2. assuming that 50 million of cost of sales was due to non
youve just been hired onto abc company as the corporate controller. abc company is a manufacturing firm that
assume that you have $200,000 invested in a stock that is returning 14%, $300,000 invested in a stock that is returning 18%, and $400,000 invested in stock that is returning 15%. illustrate what is the expected return of your portfolio?
Among financial statement frauds, Revenue and Inventory accounts are the ones most often used to perpetrate fraud. Illustrate what is it about these two types of accounts that makes them more prone to fraud?
All questions pertain to Home Depot 1. Does the company's management appear to be managing debt properly? Is the company too reliant on long-term debt financing?
Record the transactions in T accounts and prepare a trial balance for the end of the month.
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