Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: A metal-polishing machine purchased by Mike Steel, Inc. should last 3 years. The purchase price was $36,300. Shipping costs were $363 and initial setup charges were $726. The trade-in value is $11,024. Prepare a depreciation schedule using the 125% declining balance method, then enter the accumulated depreciation at the end of year 2 as your answer. (Round the declining balance rate to 4 decimal places, and all dollar amounts to the nearest cent)
Patrice sells a parcel of land for $50,000 cash and the buyer assumes Patrice's liability of $7,000 on the land. Patrice's basis in the land is $40,000. What is the gain or loss she will recognize on the sale?
prepare a memo explaining how net income could be positive and operating cash flows negative. include in the memo a
Robert Huft retires in 6 years. He would have to purchase equipment costing $590,000 to equip the outlet. Other outlets in the fast food chain have an annual net cash inflow of about $140,000. Mr. Anders would close the outlet in 6 years. He estim..
a company purchases 1000 shares of abc corporation for 123000 and management considers this investment to be securities
What characteristics must the convertible bonds display in order to justify the accounting treatment followed on initial recognition?
Assuming that depreciation is to be computed on the straight-line basis, compute the annual depreciation on the new equipment that should be provided for the fiscal year beginning June 1, 2012.
1.Prepare the journal entry to record Zende Company's issuance of 75,000 shares of $ 5 par value common stock assuming the shares sell for:
under the allowance method of accounting for bad debts why must uncollectible accounts receivable be estimated at the
Janice Morgan, age 24, is single and has no dependents. She is a freelance writer. In January 2014, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her business Writers Anonymous.
Prepare the stockholders' equity section, including disclosure of all relevant data.
The company has heard about an assurance service- Will SysTrust help the board in this situation? What special skills are needed to provide the engagement?
during 2012 kimmel co. incurred average accumulated expenditures of 600000 during construction of assets that qualified
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd