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What were the total cost and book value of property plant and equipment at december 31,2011?
Depreciation is computed for financial reporting purposes by use of the straight-line method based on useful lives of 20 to 35 yeras for buildings and 5 to 20 years for machinery and equipment. depreciation expences was $19,229, 18,279 and 17,862 in 2011, 2010 and respectively. when land is 21,939 buildings 107567 and machinery and equipment 322993 in 2011.
Found Sound Company mass-produces miniature speakers for personal sound systems.
needs space has entered into a lease agreement with we have it to rent space for its corporate offices. the lease is
What is the difference between Prime Cost and Conversion Cost?
classic irons inc. purchased manufacturing equipment with an expected useful life of five years or 5000 hours of usage.
An individual has a $30,000 § 1245 gain, a $85,000 § 1231 gain, a $55,000 § 1231 loss, a $30,000 § 1231 lookback loss, and a $80,000 long-term capital gain. The net long-term capital gain is:
Prepare a multi-step income statement for Clarkson Motorsports for the fiscal year ended November 30, 2012. Include earnings per share.
on january 1 2013 janus company issued bonds with a face value of 200000 a stated rate of interest of 6 and a 10-year
Mr. and Ms.Ostedt have just purchased an $80,000 home and made a 25% down payment. The balance can be amortized at 10% for 25 years.
a company acquired a new high-tech printing press on january 1 2011 for 90000. at that time the company estimated the
Issued $600,000 face value Sloan Co. second mortgage, 8% bonds for $654,120, including accrued interest. Interest is payable semiannually on December 1 and June 1 with the bonds maturing 10 years from this past December 1. The bonds are callable..
How to journalize transaction. Omit the transaction analysis, and record the journal entry as a debit to Dividends Declared and a credit to Cash.
Billable professional staff salaries = $ 4,000,000, Secretarialcosts = 1,500,000. Then, how to calculate the costs using the application rates?
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