Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
a. Warren company plans to depreciate a new buildingusing declinign balance depreciation with 200 percent accelerationrate. the building cost $800,000. the estimated residual value ofthe building is $50,000 and it has an expected useful life of 25years. assuming the first year depreciation expense was recordedproperly what would be the amount of depreciation expense for thesecond year?
b. Pyle company purchased an asset that cost $50,000( noresidual value esimated useful life 8 years, straight linedepreciation used). an error was made because the total cost amontwas debited to an expense account for 2009 and no depreciation onit was recorded. pretax income for 2009 was $42,000. the correctpretax should be?
c. boone industries pruchased a truck for $35000 onjan.1,2009. the truck had an estimated useful life of 80000 milesand estimated residual value of $8000. in the 3rd year ofownership(2010), the car was driven 25000 miles. using units of production method the amt of depreciation expense for 2010is?
Sears collected $57000 from the issuance of bonds with a face value of $50000. A portion of the cash receivable, $2000 was accrued interest. give the journal entry made on sears book to account the issuance of the bonds.
following are selected transactions for eduardo company. nov. 1 accepted a 5000 180-day 6 note dated november 1 from
deleon inc. is preparing its annual budgets for the year ending december 31 2014. accounting assistants furnish the
at the end of her first year of university max decided that he wanted to set up a courier service. he invested savings
porter corporations balance sheet at december 31 2011 is presented below.porter corporation balance sheet december 31
consider the following information prepared based on a capacity of 100000 unitscategorycost per unitvariable
The remainder is uncollectible. The following are budgeted sales data: January $60,000-February $70,000-March 50,000-April 30,000 - What would April's total cash receipts be ??
a partially completed schedule of the companys total and per unit costs over the relevant range of 30000 to 50000 units
a bond issued by cornwallis inc. 15 years ago has a coupon rate of 7 and a face value of 1000. the bond will mature in
Miley, a single taxpayer, plans on reporting $25,000 of taxable income this year (all of her income is form a part-time job). She is considering applying for a second part-time job that would give her an additional $10,000 of taxable income. By ho..
the following information is available for kessler company after its first year of operationsincome before
thome company uses a flexible budget for manufacturing overhead based on direct labor hours. variable manufacturing
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd