General journal form the entry necessary

Assignment Help Business Management
Reference no: EM131301316

Dyke bought equipment on January 1, 2013 for $392,000 with a$32,000 estimated salvage value and a six-year life. The companydebited an expense account and credited cash on the purchase datefor the entire cost of the asset. (Straight-line method) The errorwas discovered in 2016. Prepare in general journal form the entry necessary to correct the books for the transaction, assuming thatthe books have not been closed for the current year of 2016.

Reference no: EM131301316

Questions Cloud

Describe your behavior when investing : Describe your behavior when investing. Are you suspicious when a fund suggests that its performance is always better than that of other funds?
Demostrate the speedup obtained with the new instruction : Add a custom instruction to the Nios II processor designed to speed up a particular application area. See the Nios II Custom Instruction User Guide. Demostrate the speedup obtained with the new instruction by running the application with and witho..
Provide the web link for the video clip : Provide the Web link for the video clip.- What do you think is the main point of this video clip?- How might you change your process of investing in mutual funds as a result of watching this video clip?
What were the major developments in evolution of mass media : What were the major developments in the evolution of mass media during the last century? How did each development influence American culture?
General journal form the entry necessary : Prepare in general journal form the entry necessary to correct the books for the transaction, assuming thatthe books have not been closed for the current year of 2016.
Write a software driver for the video display : Write a software driver for the video display and attach a monitor to the FPGA's VGA connector to demonstrate your design.
Create as class that performs a radixsort algorithm : Using the data structures presented in class, create as class that performs a RadixSort algorithm. The class you make should be a subclass of the class SortRoutine and be added into the SortDriver sample application provided to you and demonstrated..
What are the expenses for your fund : What are the expenses for your fund?- What is your decision regarding mutual funds? Explain why they are or are not a good investment for you.
Design an automatic setback hvac thermostat : Use the LEDs to indicate the heat, A/C, and fan control outputs from the thermostat. You can heat the temperature sensor with your finger to cycle the thermostat and cool it with ice or an aerosol spray can of dust off cleaner.

Reviews

Write a Review

Business Management Questions & Answers

  What would be your levels of expectancy

Think about the ideal job that you would like to have. Describe this job, the kind of manager you would like to report to, and the kind of organization you would be working in. Answer the following questions: 1. What would be your levels of expect..

  State your rationale with your answer

Share deceptive tactic you investigated from e-Activity. On a scale of 1 to 5 with 5 being highly deceptive, rate tactic you found also state why you gave it that rating.

  Controlling conflict levels in a teamalthough the optimal

controlling conflict levels in a teamalthough the optimal level of conflict can be functional no conflict or too much

  Write a paragraph about oh and s policies of ford company

Write a paragraph about OH & S policies of ford company and give example (no need for introduction and conclusion) using 3 references second requirment.

  Step-by-step answer to economic order quantitymillennium

step-by-step answer to economic order quantitymillennium hospital currently buys surgical gloves in lots of 1500 boxes

  Show the description of data collection techniques

Explain five data collection techniques in your own words and describe which data techniques you are most familiar with/have used and what research methods were used, was the project successful, what did or didn't you like about doing the project

  Explain effective supply chain management relies on trust

Explain effective supply chain management relies on high levels of trust- cooperation collaboration and honest, accurate communications.

  How did their post influence your thinking

How did their post influence your thinking? What suggestions can you make to strengthen their post? Direct a response toward someone who selected at least one standard that was the same as your own

  Design a modular program asks

Many financial experts advise that property owners should insure their homes or buildings for at least 80 percent of the amount it would cost to replace the structure. Design a modular program that asks the user to enter the replacement cot of a b..

  Make a swot analysis of your own personal skills

Make a SWOT analysis of your own personal skills to assess your suitability for any of the job positions mentioned in the advertisement above and explain why you are interested in the lob.

  Nadler-tushman congruence model

Nadler-Tushman Congruence Model and Tasty Baking Company - The Nadler-Tushman Congruence Model is a comprehensive diagnostic model, which specifies inputs

  Find out equilibrium quantity

Instructions: Enter your answer for price rounded to 2 decimal places and enter your quantity as a whole number. a. Using the equilibrium condition Qs = Qd, determine equilibrium price.$. b. Now determine equilibrium quantity. Units.

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