What is the gain or loss on the sale, Cost Accounting

a machine is purchased on july 1 2009 for $181,500. It has an expected useful life of 11 years and no salvage value. After five years, the machine is sold for $98,000 cash. What is the gain or loss on the sale?

Posted Date: 2/20/2014 12:14:53 AM | Location : United States







Related Discussions:- What is the gain or loss on the sale, Assignment Help, Ask Question on What is the gain or loss on the sale, Get Answer, Expert's Help, What is the gain or loss on the sale Discussions

Write discussion on What is the gain or loss on the sale
Your posts are moderated
Related Questions
You perform a travel cost study that looks at the relationship between the cost of visiting a lake (including costs of travel, value of time spent not working & any entry fees), it

hml analysis , sde analysis,sos analysis, golf analysis , xyz analysis

High Bhd acquired shares in two other companies as follows: Additional information: i) Goodwill on acquisition of Swift was impaired by RM80,000 as

(a)  (i) Conversion Value Conversion Value = Conversion Ratio * Stock Price                 = 22*$40 = $880 (ii) Market Conversion Price Market Conversion Price =

JK is a motor dealership which organizes its financial statements to 30 November. In the year to 30 November 2009, transactions integrated the following: (a) JK had motor vehicl

Bottoms Up company produces high quality sports equipment. the companie''s racket division manufactures three tennis rackets- the Standard, Deluxe and the Pro that are widely used

is ppe taxable

XYZ Inc. plans to raise $5,000,000 external financing through issuing bonds, and is considering two options: regular bonds and zero couple bonds.  The regular bonds will have coupo


Q. Is it possible to execute fca in the deficiency of a general ledger accounting system ? Ans. Yes. FCA can be executed for whichever solid waste management system and whi