How should robotics account for the error

Assignment Help Accounting Basics
Reference no: EM13998944

1. Refer to the situation described in BE 11-7. Assume that 2009 depreciation was incorrectly recorded as $32,000. This error was discovered in 2011. How should Robotics account for the error? What is depreciation on the building for 2011 assuming no change in estimate of useful life or residual value? 

Reference no: EM13998944

Questions Cloud

How awareness of soft language can impact your communication : Discuss how awareness of soft language can impact your communication with clients and assess the ethical implications of soft language for the client-therapist relationship
Compute the focal length needed for the diverging lenses : Assuming the eyeglasses are worn 2 cm in front of the eye, find the focal length needed for the diverging lenses of the glasses so the person can see distant objects.
How much volume does the gas occupy : How many moles of the gas are present? If the pressure is now raised to 250 kPa and the temperature is raised to 42.0AoC, how much volume does the gas occupy? Assume no leaks.
How the working relationship between managers and employees : How the working relationship between managers and employees and how agreements regarding working conditions and performance are made
How should robotics account for the error : How should Robotics account for the error? What is depreciation on the building for 2011 assuming no change in estimate of useful life or residual value?
What flow angle will the flow become just sonic down stream : At what flow angle will the flow become just sonic downstream of the nozzles of a high pressure turbine? The nozzles discharge into an annulus which has a shroud diameter of 250 mm and hub to the shroud diameter ratio is 0.80. The stagnation press..
What is the density of the sphere : A solid, homogeneous sphere floats with half its volume immersed in the mercury and the other half in the oil. What is the density of the sphere?
Describe the makeup of food service industry : Describe the makeup of food service industry in canada. What is the size in sales dollar of the food service industry in canada? How had the industry been trending over the last several years? Explain with numbers and cited facts please give the refe..
Do need to be concerned about the thermal contact resistance : A wall consists of two layers of insulation pressed  against each other. Do we need to be concerned about the thermal contact resistance at the interface in a heat transfer analysis or can we just ignore it?

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