User Account

All Pages

Journal entries for acquistion

Assignment Help Financial Accounting
Reference no: EM132512957

Oriole Limited purchased delivery equipment on March 1, 2016, for $121,250 cash. At that time, the equipment was estimated to have a useful life of five years and a residual value of $10,160. The equipment was disposed of on November 30, 2018. Oriole uses the diminishing-balance method at one times the straight-line depreciation rate, has an August 31 year end, and makes adjusting entries annually.

Question 1: Journal entries for acquistion, depriciation and disposal ?

Reference no: EM132512957

Questions Cloud

Is it ethical for detectives to deliberately use deception : Is it ethical for detectives to deliberately use deception during an interrogation? The Supreme Court has ruled that deceptions are legal, but are they ethical?
Record the disposal of the equipment on november : Record the disposal of the equipment on November 30, 2018. Record depreciation at August 31, 2016, 2017, and 2018. Record the acquisition of equipment on March
Was the arrest of mayo a legal arrest : Was the arrest of Mayo a legal arrest? Discuss why. Please include the components of a reasonable arrest and whether or not they were met with Mayo.
How patriot act has changed the intelligence community : Eight-page research paper on the Patriot Act and how it has changed the intelligence community in the United States. APA format, Times New Roman font.
Journal entries for acquistion : Journal entries for acquistion, depriciation and disposal ? Oriole Limited purchased delivery equipment on March 1, 2016, for $121,250 cash.
Monitoring the marketing strategies and tactics : NatureCare Products - Case Study: Monitoring the marketing strategies and tactics - Have the NatureCare Products brand widely recognized amongst consumers
Discuss when a search warrant is needed by law enforcement : The Fourth Amendment protects individuals against unreasonable searches of their property and persons. It also prevents law enforcement from making unlawful.
Are regulatory agencies doing an effective job : On the whole, do you believe that the federal government and its regulatory agencies are doing an effective job of policing white collar crime?
What is the carrying amount of the receivables on december : What is the carrying amount of the receivables on December 31, 2017; May 11, 2018; and November 12, 2018

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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