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Accounting discussion question, 250 words minimum.
A variety of depreciation methods are used to allocate the cost of an asset to all of the accounting periods benefited by the use of the asset. Your client has just purchased a piece of equipment for $100,000. Explain the concept of depreciation. Which of the following depreciation methods would you recommend: straight-line depreciation, double declining balance method, or an alternative method?
q1 a person buysand sells a number of vehicles in a tax year and makes asignificant amount of profit in the
acme-jones company uses a weighted-average perpetual inventory system. july 2 6 units were purchased at 13 per unit.
1.the supplies available at the end of fiscal year 2013 had a cost of 3300. 2.the cost of expired insurance for the
sanchez corporation is considering three long-term capital investment proposals. relevant data on each project are as
As a newly hired Staff I, you are responsible for analyzing the work papers for one of the clients of your organization. Your client is not clear about why you are asking for information on the following topics:
Conlin Company acquires a delivery truck at a cost of $42,000.The truck is expected to have a salvage value of $6,000 at the end of its 4-year useful life. Compute annual depreciation for the first and second years using the straight-line method.
Identify the shortcomings in the payroll procedures used in the payroll department of the Galena plant and suggest corrective actions.
Discuss the differences between the indirect and direct methods of preparing the statement of cash flows. What do you believe are the most significant advantages and disadvantages of using each method? Explain your reasoning.
discuss the advantages and disadvantages of using analysis trees. do you think using an analytical tree approach would
during the period 1984 to 2008 the average yield on 3-month u.s. treasury bills was 4.76 the average inflation rate was
Norman traveled to San Francisco for four days on vacation, and while there spent another two days conducting business for his employer. Norman's plane fare for the trip was $500; meals cost $150 per day; hotels cost $300 per day
listed below in scrambled order are 13 income statement categories. use the numerals 1 through 13 to indicate the order
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