On march 1 fixtures and equipment were purchased for 6000

Reference no: EM13578590

On March 1, fixtures and equipment were purchased for $6,000 with a downpayment of $1,500 plus a $4,500 note payable in one year. Interest of 7% per year is due when the note is repaid. The estimated life of the fixtures and equipment is 10 years with no expected salvage value. Depreciation on the fixtures and equipment is computed on a straight-line basis.

Reference no: EM13578590

Questions Cloud

Vanessa company is evaluating a project requiring a capital : vanessa company is evaluating a project requiring a capital expenditure of 480000. the project has an estimated life of

An automotive center keeps tracks of customer complaints : an automotive center keeps tracks of customer complaints received each week. the probability distribution for

Carry out the an appropriate test at 5 los base on the : a market research firm used a sample of individual to rate the purchase -potential of a particular product before and

Describe the knowledge used to develop a knowledgeable : understanding the entity and its environment you have just been assigned as in-charge accountant on hipstar inc. a new

On march 1 fixtures and equipment were purchased for 6000 : on march 1 fixtures and equipment were purchased for 6000 with a downpayment of 1500 plus a 4500 note payable in one

The population of lengths of aluminum-coated steel sheets : the population of lengths of aluminum-coated steel sheets is normally distributed with a mean of 30.05 inches and a

If a bank is selected at random from this distribution what : q1. consider a standard deck of cards that has 26 red cards and 26 black cards. find the probability of

Actual service revenue for 2012 and expected service : minor landscaping company is preparing its budget for the first quarter of 2013. the next step in the budgeting process

A 95 confidence interval for a population mean was reported : a 95 confidence interval for a population mean was reported to be 152 to 160. if s 15 what sample size was used in this

User Account

All Pages