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As part of a major renovation at the beginning of the year, Atiase Pharmaceuticals, Inc. sold shelving units (recorded as Equipment) that were 10 years old for $ 800 cash. The shelves originally cost $ 6,400 and had been depreciated on a straight- line basis over an estimated useful life of 10 years with an estimated residual value of $ 400. Assuming that depreciation has been recorded to the date of sale, show the effect of the disposal on the accounting equation. Prepare the journal entry to record the sale of the shelving units.
at the end of 2013 an error was made in the physical count of inventory at carter corporation which resulted in ending
the production manager of rordan corporation has submitted the following forecast of units to be produced by quarter
The financial statements of the Nelson Manufacturing Company reports net sales of $500,000 and accounts receivable of $50,000 and $30,000 at the beginning of the year and end of year, respectively. What is the receivables turnover ratio for Nelson..
What is its new target variable cost per skier / snowboarder? Compare this to the current variable cost per skier / snowboarder. Comment on your results.
wolverine engineering makes two types of grinding tools. z300 is a regular grinding tool and q650 is a precision tool.
on january 1 vanessa corporation had 60900 shares of no-par common stock issued and outstanding. the stock has a stated
grammar inc. offers its full-time employees pension and other postretirement benefits primarily health insurance.
honeybutter inc. manufactures a product that goes through two departments prior to completion- the mixing department
She also has another 250 units in her van, ready to deliver per a customer order, terms FOB destination, and another 70 units out on consignment to a friend who owns a retail store. How many units should Jenny include in her company's period-endin..
carmack company has credit sales of 2.80 million for year 2011. on december 31 2011 the companys allowance for doubtful
Estimate the amount of Uncollectible Accounts as of December 31, 20X2. What is the company's Uncollectible Accounts expense for 20X2?
complete a 3-5 page paper on the importance of maintaining academic honesty. this paper must be in proper apa format
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