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Question - Serge Corporation purchased some equipment on October 1, 2017 for $23,880 and expects it to be useful for 6 years at which time it will be worth $1,200. If the company sold the equipment on December 31, 2019 for $14,000 what amount of gain or loss would it record on the sale? Use a positive number to indicate a gain or a negative number to indicate a loss.
For March, sales revenue is $1,000,000; sales commissions are 5% of sales; the sales manager's salary. What are total selling expenses for the month of March.
flamingo company sold 1000000 of 8 10-year bonds at 103 on january 1 2014. the bonds were dated january 1 2014 and pay
Calculate the weighted average number of common shares that Coronado should use for calculating its EPS numbers for 2021
give the journal entry to charge standard overhead costs to work in process and record overhead variances for the month
What is the amount of Regina's depreciation deduction for the furniture and fixtures under the Modified Accelerated Cost Recovery System
Plan A: MRE offers to let Axel pay $55,000 each year for five years. The payments include interest at 12% per year. Plan B: Westernhome will let Axel make a single payment of $425,000 at the end of five years. This payment includes both principal and..
Johnstone Company acquires the land and building owned by Briggs Company. What types of costs may be incurred to make the asset ready for its intended use if Johnstone Company wants to use only the land?
You want to borrow $67,000 from your local bank to buy a new sailboat. Assuming monthly compounding, what is highest rate you can afford on a 66-month APR loan
What is the average price received for each issued common share? NOTE: For this part 2 only around your answer to the nearest 2 decimal places.
Ed Koehler started Great Southern Furniture five years ago to assemble prefabricated bedroom furniture for large hotel chains. Required: Write a report evaluating the performance of the crew at the Hyatt in Tampa
Which of the following debt service funds would normaly have the largest balance in its fund balance account? Serial bond debt service, Deferred serial bond debt service fund, irregular serial bond debt service fund, term bond debt service fund.
doughboy bakery would like to buy a new machine for putting icing and other toppings on pastries. these are now put on
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