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On January 1, 2011, Zane Manufacturing Company purchased a machine for 40000. The company expects to use the machine a total of 24,000 over the next 6 years. The estimanted sales price of the machine at the end of 6 years is $ 4000. The company used the machine 8000 hours in 2011 and 12,000 hours in 2012. What is depreciation expense for 2011 if the company uses double declining balance? what is depreciation expense for 2011 if the company uses units of production ?
What portion of consolidated retained earnings is assigned to the non-controlling interest in the consolidated balance sheet.
media outlets often have websites that provide in-depth coverage of news and events. portions of these websites are
The public was invited to subscribe 320 000 of ordinary shares of Stone Ltd on 10th January 2014. The shares were valued at $15 per share.
The following procedure is recommended when creating financial statements in Excel, in order to minimize error and make the statements easier to read when provided to others:
Which of the following statements is true regarding inventory transfers between a parent and its subsidiary, using the initial value method?
Additional rent payments are due on the first day of each month beginning March 1. Show entries through March.
Prepare the adjusting entry at December 31, and using T accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account.
Distinguish between the two categories of adjusting entries, and identify the types of adjustments applicable to each category.
Sarah is listening to her roommate to provide emotional support in a time of distress. According to your textbook, Sarah is engaged in listening.
the following data are taken from the financial
lobnitz service companys balance sheet as of 01-01-11 is presented below 01-01-11 current assets cash 400000 accounts
Round amounts to the nearest dollar.
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