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A business bought new computer software for $57,750 at the start of the year. It decides to follow IRS rules for depreciation of computer software and thus will depreciate the software cost over three years. The straight-line method (equal amounts per year) is used. The business has not recorded any depreciation on this software during the year. What year-end adjusting entry is recorded for depreciation of the computer software?
Based on its depreciation schedules, the annual depreciation on the business's machinery is $420,000. The business uses the straight-line depreciation method. The business recorded a machinery depreciation expense at the end of each quarter during the year, but no entry has been made for the fourth and final quarter. What adjusting entry for machinery depreciation should be recorded at year-end?
Calculating Over- or Underapplied Overhead - What was over- or underapplied manufacturing overhead in May?
questionthe farmer companys comparative balance sheets for 2010 and 2011 and additional information are presented
Assume that finished goods inventories are valued at the current unit manufacturing cost.
XYZ limited acquired an item of plant at a cost of KSh. 5,000,000. The asset is expected to be used as follows.
transform financial statements from barclays bank group limited to an xbrl gaap or ifrsinstance document. provide a
question write your birth date or the birth date of someone in your family as mmddyy.now let a the one- or two-digit
Outline the findings of the various courts of appeal and discuss the severity of the penalties awarded to the management of James Hardie.
Calculate the return on average total equity for the fiscal years ending January and consolidated statement of earnings and the balance sheet of Home Depot, Inc and Subsidiaries.
accrual and modified accrual basis of accountingsubmit your responses to the following questions in a 1-2 page summary
Assuming that the auditors consider the amounts involved as indicative of a weakness in internal controls, how, if at all, should that finding affect your report on the program
Has it decreased or increased over the past few years? What is its percentage to total assets for last two years? Has the percentage decreased, increased, or remained the same? If the ratio percentage has changed what accounts for change?
prepare a five to six 5-6 page paper in which youexamine and discuss the current effects of ifrs on the pension
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