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Question - The Special Sounds company has been manufacturing DVD players with its machinery for the past two years and has just discovered that new machinery will be available which is much more efficient at producing DVD players. The existing machinery cost $90,000 to purchase on 1stJuly 2018 and was expected to last 6 years with no value at the end of its life. At 30 June 2020 the existing machinery was revalued to its current fair value of $35,000. At this stage it was determined that the machine would only have two more years useful life.
Required -
(a) Prepare journal entries for the revaluation
(b) What is the annual depreciation after the revaluation?
(i) Carry out a two-sample t-test to compare the mean time between occurrences of safety violations for operator "A" to that for operator "B"; carry out a second two-sample t-test comparing the means for operator "A" to that for operator "C". ..
Issued $1 par Common Stock for 150000 cash. Prepare Statement of Cash Flows for Senoro Co. for period ending Dec 31
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The process by which a financial transaction is recorded so that its flow through the system can be followed is called:
On January 1, 2018, Coronado Industries sold $5100000 of its 8%. What amount should Coronado report as interest expense
Up to 31st March, 1959, Henry, John and Kenneth had been trading in partnership and sharing profits in the respective proportions of 8, 7 and 5, and the firm.
On April 15 of the current year, a fire destroyed half of the uninsured ending inventory of a retail store. What is amount of the ending inventory before fire
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Referring also to Dell's balance sheet, determine the effect that capitalizing the leases would have on the company's debt-equity ratio.
write an email response in which you address the following pointsdetermine which project might be implemented and why
What's the difference between random error resulting from manual processing and systematic error resulting from IT processing?
The following items are reported on a company's balance sheet:
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