Disposal of delivery equipment-perez company

Reference no: EM1356383

a) Perez Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery equipment. No salvage value is received.

b) Assume the same information as (a), except that accumulated depreciation for Perez Company is $37,000, instead of $41,000.

Reference no: EM1356383

Questions Cloud

Psychological testing and assessment : Compare the similarities and differences between two referral settings in which psychological testing and assessment are used.

Description of steps in accounting cycle : What are the steps in completing the accounting cycle? How do the different steps impact the financial statements? What is the impact on the financial statements of missing a step when completing the accounting cycle?

Managing political risk : Managing Political Risk - Can political risk be "managed?" If so, what methods can be used to manage such risk, and how effective are they?

International human rights issues : Explain what do you think should be the role of MNCs toward human rights issues in other countries?

Disposal of delivery equipment-perez company : Perez Company retires its delivery equipment, which cost $41,000. Accumulated depreciation is also $41,000 on this delivery equipment. No salvage value is received.

Compute the return on investment : Suppose you are the financial manager at CYA Corporation and you are considering three different levels of working capital. You estimate that sales would reduce slightly with lowered levels of current assets and you suppose that your forecasts are re..

Brief textual discussion of pert : Show in detail the program evaluation and review technique (PERT) including an explanation of the critical path. Give examples (200 words response)

Intelligence and achievement tests for adults : Give a comparison of intelligence and achievement tests for adults. Explain at least two insights and/or conclusions that can be drawn from the comparison, and explain why these tests are important.

Explain one technological device : Explain one technological device in 350 to 700 words. Include the following:When did it come (or will it potentially come) into existence? What scientific or technological reasoning explains how this potential will be (or can be) be reached in t..

User Account

All Pages