Compute depreciation of non-current asset for an amount

Assignment Help Accounting Basics
Reference no: EM131799265

1. Issue a note to buy a truck for an amount equal to the last 5 digits of your student number.

2. Paid dividends for an amount equal to the last two digits of your student number.

3. To cancel 10% of the note issued to buy the truck, the company delivers inventory for an amount of 20% of the acquisition made in item 2 above.

4. Depreciation of non-current asset for an amount equal to 20% of the acquisition cost. i cant figure out the transaction

Reference no: EM131799265

Questions Cloud

What mean weight is required for cereal : A cold cereal manufacturer wants 1.5% of the product to be below the weight specifications of 0.567 kg (1.25 lb). If the data are normally distributed.
Discuss how much interest revenue should alvin recognize : To the nearest dollar, and using the effective interest method, how much interest revenue should Alvin recognize in 2014
Find the amount that be shown as atwater diluted earnings : The amount that should be shown as Atwater's diluted earnings per share for 2011 (rounded to the nearest cent) is
How well does your current workforce strategy align with : How well does your current workforce strategy align with and support organization's current business strategy? How do you ensure the continuity of those norms?
Compute depreciation of non-current asset for an amount : Paid dividends for an amount equal to the last two digits of your student number
What is maximum amount of income that capitech should report : What is the maximum amount of income that Capitech should report from this investment for 2011
Describe the national labor relations act : Your company , fruit canners, inc., has recently become aware that the United Food and commercial Workers Union is attempting to convince employees.
What number of shares should be used in computing earnings : What number of shares should be used in computing basic earnings per share for the year ended December 31, 2011
Develop two questions per competency selected for use : Develop 2 questions per competency selected for use when interviewing candidates. Your final list of questions for the position will contain 10 questions.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd