Holt company purchased a computerfor 8000 doller on january

Assignment Help Accounting Basics
Reference no: EM13591683

Holt company purchased a computer for 8000 doller on january 1,2011.straight line depreciation is used, based on 5 year life and doller 1000 is salvage value.in 2013,the estimates are revised.Holt feels the computer will be used until december 31,2014,when it can be sold for doller 500 .compute the 2013 depreciation.

Reference no: EM13591683

Questions Cloud

Dfine in one or two sentences the following terms : define in one or two sentences the following terms indicate one step in glycolysis in which they are significant.a
Carow corporation purchased as a held-to-maturity : carow corporation purchased as a held-to-maturity investment 60000 of the 8 5-year bonds of harrison inc. for 65118
In a titration of hcl i have a molarity of 0991 naoh and a : in a titration of hcl i have a molarity of 0.991 naoh and a volume of 7.6 ml to reach an equivalence point for the
Austin wool products purchases raw wool and processes it : austin wool products purchases raw wool and processes it into yarn. the spindles of yarn can then be sold directly to
Holt company purchased a computerfor 8000 doller on january : holt company purchased a computer for 8000 doller on january 12011.straight line depreciation is used based on 5 year
A mixture of these these gases has a total pressure of 1380 : a mixture of these these gases has a total pressure of 1380 mmhg at 298 k. the mixture is analyzed and is found to
Erlanger company uses a job order cost accounting system : erlanger company uses a job order cost accounting system. on november 1 15000 of direct materials and 3500of indirect
There is a general practitioner whose offices are located : there is a general practitioner whose offices are located in the south falls professional building. in the past the dr.
The city of albuquerque would probably not use a capital : the city of albuquerque would probably not use a capital projects fund for which of the following assets?1 construction

Reviews

Write a Review

Accounting Basics Questions & Answers

  Illustrate out the term statistics determine the different

write a 300-word summary that addresses the following criteriadefine statistics.identify different types and levels of

  Lawford and delgado have decided to form a partnership they

lawford and delgado have decided to form a partnership. they have agreed that lawford is to invest 90000 and that

  Journalize the adjusting entries at july 31

Prepare a bank reconciliation at July 31, 2012 and journalize the adjusting entries at July 31 on the books of Ghose Company.

  Prepare a comparative total and per unit cost statement

Prepare a comparative (total and per unit) cost statement showing anticipated margin of profit for the present output of 7,500 units and proposed output of11,500 units.

  Use of the carryback provision

There were no permanent or temporary differences during these three years. The corporate tax rate is 30% for 2006 and 2007, and 40% for 2008. Assuming that Neasha elects to use the carryback provision, what income (loss) is reported in 2007?

  Estimated overhead for upcoming year is 776000 budgeted

thibodeaux limousine corporation is trying to determine a predetermined manufacturing overhead. estimated overhead for

  Prepare matthews delivery services income statement and

matthews delivery service inc. completed the following transactions during its first month of operations for january

  89000 in raw materials were requisitioned for use in

shawnxu enterprises recorded the following transactions for the just completed january 2010a.89000 in raw materials

  Develop budgets to show the costs and expenses for the

the product should be a minimum of 43000 bird houses.1.estimate the impact a new product will have on the current

  Revenue-related motive of attracting new sources

The best means to accomplish the revenue-related motive of attracting new sources of demand is to:

  In accounting describe what is meant by posting the fourth

in accounting describe what is meant by posting the fourth step in the processing cycle. please in your own

  Jeannie a single taxpayer retired during the year to take

jeannie a single taxpayer retired during the year to take over the management of some rental property. she had the

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