User Account

All Pages

What would be the book value of the asset on january

Assignment Help Accounting Basics
Reference no: EM132093116

Question - On January 1, 2014, Ziskin Company spent $3,000 on an asset to improve its quality. The asset had been purchased on January 1, 2009 for $14,000. The asset had a $2,000 salvage value and a 6-year life. Ziskin uses straight-line depreciation. What would be the book value of the asset on January 1, 2015?

Reference no: EM132093116

Questions Cloud

Determine the amount of cash inflow : Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period
Evaluate their effectiveness with respect to certain areas : Describe specific experimentation and observational methods that could be used within your discipline to gather data. Include your rationale.
Act of high social responsibility by business firm : Example of an act of high social responsibility by a business firm.
What role could church have in effective prevention efforts : This module/week focused on key aspects of prevention. Briefly share which aspects you believe are the most important. Then, share how you have changed.
What would be the book value of the asset on january : The asset had a $2,000 salvage value and a 6-year life. Ziskin uses straight-line depreciation. What would be the book value of the asset on January 1, 2015
Purchase in order to qualify for refund : As the packing slip said, any defective products need to be returned within 60 days of purchase in order to qualify for a refund.
What are some psychosocial causes of sexual dysfunction : What are some psychosocial causes of sexual dysfunction? How might sex therapy be used to treat some of these causes?
Compute the cost of goods sold for may : Ricardo Reyes uses the first-in first-out (FIFO) method to account for inventory, Compute the cost of goods sold for May and the ending inventory balance
Calculate ending balance in the work in process inventory : Using backflush costing, calculate the ending balance in the Work in Process Inventory and Finished Goods Inventory accounts

Reviews

Write a Review

Accounting Basics Questions & Answers

  New customers upgrade customers

Chartz 1-2-3 is a top-selling electronic spreadsheet product. Chartz is about to release version 5.0. It divides its customers into two groups: new customers and upgrade customers (those who previously purchased Chartz 1-2-3 4.0 or earlier version..

  Determine the breakeven point in units and dollars

Determine the breakeven point in units and dollars. Also determine the number of units and dollars that need to be sold to make a target

  The questions that follow are based on rule 101 of the

the questions that follow are based on rule 101 of the aicpa code of the professional conduct as it relates to

  Receives a one-for-one distribution of stock rights

Dennis is an executive of Gold Corporation. He receives a one-for-one distribution of stock rights for each share of common stock he owns. On the date of distribution, the stock rights have a fair market value of $2 per right and the stock has a f..

  Deibel corporation is considering a project that would

deibel corporation is considering a project that would require an investment of 62000. no other cash outflows would be

  Amber sole proprietorship

Have Amber not transfer the cash basis receivables to the corporation. Transfer to the corporation any accounts payable outstanding held by Amber's sole proprietorship.

  What is the no-arbitrage u.s. dollar price of one adr

On the Milan bourse, Fiat stock closed at EUR14.67 per share on Tuesday, February 26, 2008. Fiat trades as and ADR on the NYSE. One underlying Fiat share equals one ADR. On February 26, the $/EUR spot exchange rate was $1.4889/EUR1.00.

  Comparing integer programming and linear programming please

comparing integer programming and linear programming please respond to the following explain how the applications of

  Troto company has total fixed costs of 6000000 and total

1 sylvia wants to order nine coffee mugs with writing that says better to remain silent and be thought a fool than to

  The tomlin company forecasts that a total overhead for the

the tomlin company forecasts that a total overhead for the current year will be 15000000 and that total machine hours

  How should ollie treat these items on his tax return

On June 20, 2016, Ollie purchased stock in Pink Corporation for $1,000. How should Ollie treat these items on his 2017 tax return

  What discount rate vestor should use to evaluate facility

Determine what discount rate (WACC) Vestor should use to evaluate the warehousing facility project. Assess whether Vestor should make the warehouse investment.

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