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ABC company purchased a machine with a useful life of 4 years in early 2019 for IDR 38,000,000. The residual value of the machine is estimated at IDR 2,000,000.
Requested:
Problem 1. Create a journal on the purchase of fixed assets
Problem 2. Create the required tables.
Problem 3. Make the adjusting entry on December 31, 2019
Judson enterprises has a capital structure (based on market values) consisting of 40% debt, 10% preferred stock, and 50% common equity. Judson's long-term bonds have a before-tax YTM of 9%, its cost of preferred stock is 7.9%, and its cost of retaine..
How will you apply what you have learned to your leadership style and succession planning?Discuss abd explain in the details and elaborate
How much overhead was applied to Swing Along using activity-based costing
Water at a rate of 1.0 liter/hr in the form of 0.4 mm. droplets at 25°C is sprayed on a hot surfaceat 280°C with an impact velocity of 3 m./s. Estimate the maximum heat transfer which can beachieved with this arrangement.
jim one of two equal partners of the jj partnership a general partnership contributed business property with an
Computer equipment was acquired at the beginning of the year, Determine the second-year depreciation using the straight-line method
The following is a list of companies and organizations that have implemented ABC. Select one company from the list
Price Manufacturing assigns overhead based on machine hours. Department A logs 1,200 machine hours and Department B shows 2,000 machine hours for the period. If the overhead rate is $5 per machine hour, the entry to assign overhead will show a:
fleming corporation produces leather purses. the company is setting up a standard cost system and has collected the
The City of Bedford is studying a 600-acre site on Route 356 for a new landfill. The startup cost has been calculated as follows:
Prepare books of original entry to record the transactions. Record the opening entries in the general journal. Balance the accounts at the end of the month.
With 40% chance receiving $1200 bonus. How much revenue to recognize under each method ? What if prb of bonus change to 60%?
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