Millworks company owns a milling machine that cost 12500

Reference no: EM13580004

Millworks Company owns a milling machine that cost $125,00 and has accumulated depreciation of 91,000. Prepare the entry to record the disposal of the milling machine on Janurary 5 under each of the folling undependent situations.
1. The machine needed extensive repairs, and it was not worth repairing. Millworks disposed of the machine, receiving nothing in return.

2. Nukkwirjs sikd the machine for 17,500 cash

3. Millworks sold the machine for 34,000 cash

4. Millworks sold the machine for 40,000 cash

Reference no: EM13580004

Questions Cloud

From the first case study explain whether you consider : from the first case study explain whether you consider what they did morally permissible or impermissible. determine

What are the mean earnings of males and females in this : a subsample from the current population survey is taken on weekly earnings of individuals their age and their gender.

How many seats must a train have to assure a probability of : once upon a time there were two railway trains competing for the passenger traffic of 1000 people leaving from chicago

Gardner company produces plastic that is used for : gardner company produces plastic that is used for injection-molding applications such as gears for small motors. in

Millworks company owns a milling machine that cost 12500 : millworks company owns a milling machine that cost 12500 and has accumulated depreciation of 91000. prepare the entry

Find the probability that a value randomly selected from : a population is normally distributed with 100 and s20.a. find the probability that a value randomly selected from this

Let m be the minimum value of the xj show that the density : let x1 x2 ... xn be n independent random variables each of which has an exponential density with mean micro. let m be

Borwan company uses the weighted-average method in its : borwan company uses the weighted-average method in its process costing system. the assembly department started the

Ravalt corporation uses the weighted-average method in its : ravalt corporation uses the weighted-average method in its process costing system. the molding department is the second

User Account

All Pages