Reference no: EM131202961
1- Bogus Co. exchanged Building 42 which has an appraised value of $4,800,000, a cost of $7,590,000, and accumulated depreciation of $3,600,000 for Building X belonging to Good Co. Building X has an appraised value of $4,512,000, a cost of $9,030,000, and accumulated depreciation of $4,752,000. The correct amount of cash was also paid. Assume depreciation has already been updated. What gain or loss did Bogus recognize on the exchange, assuming no commercial substance?
48,600 loss
24,000 gain
0 gain/loss
None of the above
2-Bogus Co. exchanged Building 42 which has an appraised value of $4,800,000, a cost of $7,590,000, and accumulated depreciation of $3,600,000 for Building X belonging to Good Co. Building X has an appraised value of $4,512,000, a cost of $9,030,000, and accumulated depreciation of $4,752,000. The correct amount of cash was also paid. Assume depreciation has already been updated. How much gain or loss did Good record, assuming no commercial substance?
0 gain/loss
234,000 gain
48,600 gain
None of the above
3-The journal entry in the buyer’s books to record the honoring by the seller of an account deemed uncollectible in a factoring agreement with recourse would include
a debit to Bad Debt Expense
debit to Allowance for Uncollectible Accounts
debit to Cash
debit to Loss on Factoring Agreement
|
Compute unrealized net gain on available-for-sale securities
: JPMorgan Chase carries portfolios of both trading securities and available-for-sale securities. At the end of 2012 and 2011, the trading securities were valued at $450.0 billion, respectively; and the available-for-sale securities were valued at $371..
|
|
Find the capacitance of the variable capacitor
: A series resonant circuit is used to tune in stations in the AM broadcast band. If a station, broadcasting on 870 kHz, is to be received and the fixed inductor of the resonant circuit is 20 µH, find the capacitance of the variable capacitor.
|
|
Find the power dissipated in r1 and r2
: Determine V1, I1, V2, I2 for circuits shown below.- find the power dissipated in R1 and R2 (denoted as Pdiss, R1 and Pdiss, R2).
|
|
Evaluate the current situation facing u.s. stroller
: QSO 690 Topics in Operations Management Evaluate the current situation facing U.S. Stroller and discuss the pros and cons of the options presented in the case. (200-400 words)
|
|
What gain or loss did recognize on the exchange
: Bogus Co. exchanged Building 42 which has an appraised value of $4,800,000, a cost of $7,590,000, and accumulated depreciation of $3,600,000 for Building X belonging to Good Co. Building X has an appraised value of $4,512,000, a cost of $9,030,000, a..
|
|
Determine the required inductance
: To eliminate an interfering frequency of 52 MHz, design a series resonant circuit to be inserted as a shunt. You have available a 10 pF capacitor. Determine the required inductance.
|
|
Using the proposed activity-based costing pools
: Carson Weeks has been studying his department’s profitability reports for the past six months. He has just completed a managerial accounting course and is beginning to question the company’s approach to allocating overhead to products based on machin..
|
|
What is the amount of the annual depreciation
: A building with a cost of $780,000 has an estimated residual value of $90,000, has an estimated useful life of 40 years, and is depreciated by the straight-line method. What is the amount of the annual depreciation? What is the book value at the end ..
|
|
Describe how problems are prioritized and addressed
: Define and describe Organizational Behavior Management. Identify and describe at least one specific application of OBM that is applicable to the above organization.
|