User Account

All Pages

What is the depreciated value after two years

Assignment Help Accounting Basics
Reference no: EM133129560

Question - A law firm purchased a copy machine for $3,000 which should depreciate to $0 after 4 years. The firm uses linear depreciation over a period of 4 years. What is the depreciated value after 2 years?

Reference no: EM133129560

Questions Cloud

What is estimated ending inventory : Purchases during the year total $172,500. Net sales are $345,000. If the usual gross profit rate is 55%, what is estimated ending inventory
Journalise the business accrual of interest expense : Journalise the business (a) accrual of interest expense on 31 December 2016 and (b) payment of the note plus interest on 30 June 2017
What is the materials price usage variance : The current variable manufacturing overhead rate is P 3 per labor hour. What is the materials price usage variance
Investigate the small nucleotide polymorphisms database : Investigate the small nucleotide polymorphisms database (dbSNP) for variations in Nudix hydrolase 15 - How many variations have been found in this human gene
What is the depreciated value after two years : Question - A law firm purchased a copy machine for $3,000 which should depreciate to $0 after 4 years. What is the depreciated value after two years
Determine the cost of goods available for sale : A physical count of inventory at the end of the period revealed that $30300 was still on hand. Determine the cost of goods available for sale
Analyze implications of the long-run customers purchasing : Analyze the implications of the long-run customers purchasing behavior to operations of the three bus companies
What amount of the golfing expenses is deductible : Assuming that Detmer itemizes his deductions, what amount of the golfing expenses is deductible after considering all limitation
Calculate gain or loss on disposal : Genetic Insights has a tax rate of 30%. The asset is sold at the end of six years for $3,595. Calculate gain or loss on disposal

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain the variable costing income statement

Explain the variable costing income statement and provide a hypothetical example of variable costing income statement in a manufacturing enterprise.

  Calculate the companys break-even point

Calculate the sales price that Gigi LeBlanc's company must charge for a suspension system if she is to earn

  Review the company consolidated financial statements

Review the company's consolidated financial statements to evaluate whether the financial statements presented comply with the presentation requirements in IAS.

  Prepare a schedule for each month showing budgeted cash

Prepare a schedule for each month showing budgeted cash disbursements for Mushrif Company. Cash production costs are budgeted at SAR 7 per unit produced.

  Find what full product cost must the company achieve

The owners of Castillo Corp want to acheive. If they sell each unit for $65, what full product cost must the company achieve to attain its profit expectation?

  Accounting standards and principles applicable

Using the stakeholder analysis framework, analyse if there is an ethical dilemma. Identify how this change would affect cash flow from operations using only the figures provided in your analysis. Advise Aiden as to what should be done to make the ..

  How much will adel receive

Adel is preparing for a trip to UK. Before his trip, How much will Adel receive if he exchanges RO 15,000? How much £22,500 worth in RO?

  Prepare the entry for the sale transaction

Using the original information; On April 1, 2020, the bonds were sold at 105 including accrued interest. Prepare the entry for the sale transaction

  Find the market risk premium

The expected rate of return from this security is 16.27% as per CAPM. If the government bond is yielding 4.51%, find the market risk premium

  Why is it essential for companies to manufacture products

Why is it essential for companies to manufacture products in the United States? What is the negative impact of outsourcing U.S. manufacturing jobs?

  Budgetary journal entries for a capital project

Watson Township plans to build an auditorium. The plans were drawn for $100,000 by an architect who will complete the plans and bill the city after the bonds.

  The printing experts tpe prints elaborate high-quality

the printing experts tpe prints elaborate high-quality color brochures in its facility located in seattle wa. it

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd