Find depreciation for the accounts in one month

Assignment Help Accounting Basics
Reference no: EM132676775

Accumulated Depreciation - Motor Vehicle depreciation expense for motor vehicle is $8,000 per annum

Accumulated Depreciation - Paving Equipment depreciation expense for paving equipment is $6,160 per annum

Problem 1: Depreciation for these accounts in one month? Is it just 8,000/12 and 6,160/12?

Reference no: EM132676775

Questions Cloud

Determine the estimated cost of the ending inventory : Cost of goods available for sale of $244,000. Compute the estimated cost of the ending inventory, assuming the gross profit rate is 35%
Identify a problem or concern in your state or organization : For this assignment, identify a problem or concern in your state, community, or organization that has the capacity for advocacy through legislation.
What was the direct labour efficiency variance for november : During November, Langille purchased 160,000 kg of direct materials at a total cost of $304,000. What was the direct labour efficiency variance for November?
How do identify any insurance companies in kingdom : How do Identify any two insurance companies in Kingdom of Saudi Arabia and explain any two insurance products offered. Name of the Company
Find depreciation for the accounts in one month : Depreciation for these accounts in one month? Is it just 8,000/12 and 6,160/12? Accumulated Depreciation - Motor Vehicle depreciation expense for motor vehicle
Examine the legal basis for the claims of erica and brad : Examine the legal basis for the claims of Erica and Brad, the parties they should include in the legal action, the issues that will be raised
How you will obtain a sexual history from special population : During this discussion, take some time to consider how you will obtain a sexual history from various special populations, as discussions about sex can be.
Describe the international accounting standards applied : Describe the international accounting standards applied and mechanisms used to manage risks in the kingdom' banking sector as well as shed light
Identify the socioeconomic factors contributing to poverty : Identify the socioeconomic factors contributing to poverty and homelessness in that region. Think of ways of reducing poverty and homelessness. Provide at least

Reviews

Write a Review

Accounting Basics Questions & Answers

  If the beginning balance in prepaid insurance was 500

1. aon july 1 2009 allen company signed a 100000one-year 6 percent note payable. at due date june 30 2010the principal

  The partners share net income and loss in the ratio

The partners share net income and loss in the ratio of 3:2:1. Prepare a statement of partnership liquidation for the period July 1-29, 2010.

  How much overhead cost is fixed and how much is variable

TCO3 Patrick Ross, the president of Ross's Wild Game Company, has asked for information about the cost behavior of manufacturing overhead costs. Specifically, he wants to know how much overhead cost is fixed and how much is variable.

  Determine case study analysis - fred stern and company inc

Determine Case Study Analysis - Fred Stern and Company Inc. (Knapp)Please describe the strength and weakness of the company.

  Amount of paid-in capital in excess of par

If the bonds are converted into common, what is the amount of paid-in capital in excess of par to be recorded on the conversion of the bonds?

  Determine which expenses and income should be disclosed

FNSORG505 - Prepare financial reports to meet statutory requirements - how does management determine which expenses and income should be disclosed

  Prepare the february 1 2012 journal entry if no entry is

on february 1 2012 buffalo corporation issued 2870 shares of its 7 par value common stock for land worth 36160.prepare

  Find what the annual interest payment on the bond will be

Find What The annual interest payment on the bond will be? Pearson Co issue its $148,500 at a price of 102, the stated rate is 9%, the bond term is 4 years

  What is the proper adjusted cash balance per bank

What is the proper adjusted cash balance per bank? What is the proper adjusted cash balance per books?

  Calculate the cost to be capitalized to the plant account

Proceeds from sale of samples and by-products made during testing 13,000. Calculate the cost to be capitalized to the plant account

  Determine the dollar value of the interest expense

Use information to determine the dollar value of the interest expense for the 2018 fiscal year. Prepare the General Journal entry

  What would be the after-tax cost to volvo

What would be the after-tax cost to Volvo to provide Lars with health insurance if it could purchase the insurance through its group plan for $5,000

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd