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Lexis Company purchased equipment on January 1, 2012 for $35,500. The estimated useful life of the equipment was 7 years and the estimated residual value was $4,000. After using the straight-line method of depreciation for 3 years, the estimated useful life was revised to 9 years on January 1, 2015. How much is depreciation expense for 2015?
what should a cpa include in a standard management representation letter?when is the management representation letter
Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method and if the direct method had been used, would the net cash flow from operating activities have been the same? Explain.
What will be the depreciation on the building
ruby company produces a chair that requires 5 yds. of material per unit. the standard price of one yard of material is
Under the equity method, a parent company that has guaranteed all of its subsidiary's debt would:
department g had 3281 units one-third completed at the beginning of the period 12794 units were completed during the
Develop and excel spread sheet to analyse the operations of the business you have chosen over a three year period, use ratio analysis, trend analysis and other qualitative information to undertake the analysis.
Research this situation on the internet or through the university library. Write a 400-word paper describing the situation and the implications of the practice including any legal or ethical ramifications.
the baldwin company currently has the following balances on their balance sheettotal assets 244667total liabilities
Leigh, who owns a 50% interest in a sporting goods store, was a material participant in the activity for the last fifteen years. She retired from the sporting goods store at the end of last year and will not participate in the activity in the futu..
prepare the general journal entry to update depreciation to july 1 2009. 2. prepare the general journal entry to record
The probability of throwing any two numbers on a die - say, either a 1 or a 2 - on a single throw is one chance out of three, or 33%.
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