Reference no: EM132123201
Accounting Question - In 1990, Flounder Company completed the construction of a building at a cost of $2,300,000 and first occupied it in January 1991. It was estimated that the building will have a useful life of 40 years and a salvage value of $69,000 at the end of that time.
Early in 2001, an addition to the building was constructed at a cost of $575,000. At that time, it was estimated that the remaining life of the building would be, as originally estimated, an additional 30 years, and that the addition would have a life of 30 years and a salvage value of $23,000.
In 2019, it is determined that the probable life of the building and addition will extend to the end of 2050, or 20 years beyond the original estimate.
a) Using the straight-line method, compute the annual depredation that would have been charged from 1991 through 2000.
b) Compute the annual depreciation that would have been charged from 2001 through 2018.
c) Prepare the entry, if necessary, to adjust the account balances because of the revision of the estimated life in 2019.
d) Compute the annual depreciation to be charged, beginning with 2019.
|
Write a java program to traverse a directory structure
: Write a java program to traverse a directory structure (DirWalker.java) of csv files that contain csv files with customer info. A simple sample in provided
|
|
Prepare statement of cash flows for the year ended December
: Instructions: Prepare a statement of cash flows for the year ended December 31, 2017, using the indirect method
|
|
Develop a strategy to protect the informal digital identity
: develop privacy and personal data protection strategies for the charity, the team has now been engaged to develop a Personally Identifiable Information
|
|
Motor and sensory development
: What are some strategies used to foster both motor and sensory development?
|
|
Compute the annual depreciation to be charged
: Early in 2001, an addition to the building was constructed at a cost of $575,000. Compute the annual depreciation to be charged, beginning with 2019
|
|
Identify negative and positive reinforcements and punishment
: In addressing operant conditioning, Identify negative and positive reinforcements and punishments and label the schedule of reinforcement or punishment.
|
|
How was learning important to krumboltz
: How was learning important to Krumboltz and what did he mean by "happenstance" in relation to learning and career?
|
|
What are some key commonalities of roe
: What are some key commonalities of Roe's, Phillip's and Blustein's relational approaches for career development?
|
|
Implications of legal risk for such organisations
: List at least three textbooks are useful. Write down which chapters/pages appear relevant, where the text can be/was obtained, and BRIEFLY why the text will be
|