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The building has been depreciated under the striaght-line method through 2012. in 2013, the company decide to switch to the double-declining balance method of depreciation for the building. Powell also decided to change the total useful life of the machinery to 8 years, with a salvage value of $35,000 at the end of that time. The machinery is depreciated using the straight-line method.
a) Prepare the journal entry necessary to record the depreciation expense on the building in 2013.
b) Compute depreciation expense on teh machinery for 2013.
How much cash, if any, must be borrowed to maintain the desired minimum monthly balance - Batista Company management wants to maintain a minimum monthly cash balance
Speedy Parcel Service operates a fleet of delivery trucks in a large metropolitan area. A careful study by the company's cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents pe..
from records available in various offices of baraga county you find the following information about changes in
the payment of 10000 for expenses was recorded by spears co. as an increase in cash of 10000 and a decrease in retained
sherman construction company has entered into a contract beginning january 1 2013 to build a parking complex for the
CAPM and Venture Capital
direct marketing inc. dmi offers database marketing strategies to help companies increase their sales. dmis basic
A person received an inheritance of 500000 rs and want to invest a portion of it for future. His goal to accumulate 700000 rs in 12 year. How much of the inheritance should be invested if the money earns interest at 12% per year compounded semi an..
a business may find it that they have excess cash required for some future data so will invest some of the cash in
Widgets used an acceleration method of depreciation and deducts warranty expenses when occured. What deffered tax assets or liabilities will result from this accounting proctices?
You have two investment opportunities. One will have a 10% rate of return on an investment of $500; the other will have an 11% rate of return on a principal of $700.
the best manufacturing company is considering a new investment. financial projections for the investment are tabulated
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