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Onslow co. Purchased a used machine for 192,000 cash on January 3, Onslow paid 8,000 to wire electricity to the machine and an additional 1,600 to secure it in place. The machine will be used for six years and have a 23,040-salvage value. Straight-line depreciation is used on December 31. At the end if it's fifth year in operation, it is disposed of. Record depreciation of the machine at December 31st.
Question 1: Prepare journal to record the machine disposal under each separate situation a 21,000 b sold for 84,000 c destroyed in fire insurance company pays 31,500 to settle claim
If ending WIP is $18,000 and ending finished goods is $15,000, how much were the cost of goods manufactured and the current manufacturing costs?
What is the Macaulay duration of a 8.2 percent coupon bond with ten years to maturity and a current price of $949.30?
Assume the account will earn 3% annually. If she repeats this for the next 6 years, how much will she have on deposit on April 14, 2025
The Ride-on-Wonder company produces a line of non motorized boats. What is the equation to find overhead allocation rate, and what is the rate
The Reverend Mark Thomas is the minister of a church in the San Diego area. He is married, has one young child, and earns a "modest income."
a st. falls subcontractor has offered to produce the parts for job no. 110 for a price of 8 per unit. assume the st.
Assuming a tax rate of 40%, what will revenue have to be in order for X Company to earn $37,000 after taxes in 2019
American Apparel has been in the news in recent months. What is the impact on American Apparel's balance sheet (assets, liabilities, and equity) of this loan
The following list includes selected permanent accounts and all of the temporary accounts from the December 31, 2013,
Gottberg has 2,000 pounds of resin in beginning inventory and wants to have 2,400 pounds in ending inventory. How much is the total amount of budgeted direct labor for April?
Explain to your senior management the risks and rewards of such of a move. Be sure to provide specific examples to support your response.
actual quantity 840 kg standard price 48 per kg standard quantity requirement of material 800 kg actual price 52 per kg
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