On june 30 20x5 maine lobster purchased a patent for a new

Assignment Help Accounting Basics

Reference no: EM13613499

On June 30, 20x5, Maine lobster purchased a patent for a new freezing process at a cost of $33,600. It estimated that the patent will give the firm an advantage over its competitors for the next three years. In general journal form, record the amortization adjustment for 20x5. Please also give the answer in journal form as in what will be debited and credited etc.

Reference no: EM13613499

Questions Cloud

Ray construction purchased a concrete mixer on august 1 : ray construction purchased a concrete mixer on august 1 20x5. company officials revealed the following information

If the surroundings are at 30 c and the flow is steady find : steam at 2 kg s enters a turbine at 6000 kpa and 600 c and exits as saturated vapor at 20 kpa. the turbine produces

A truck covers 420 m in 800 s while smoothly slowing down : a truck covers 42.0 m in 8.00 s while smoothly slowing down to final speed of 2.50 ms.a find its original speed.b find

Carry out a simple thermodynamic analysis of this process : current automotive air conditioners use r134a as a working fluid. assume an evaporator temperature of 0c in practice

On june 30 20x5 maine lobster purchased a patent for a new : on june 30 20x5 maine lobster purchased a patent for a new freezing process at a cost of 33600. it estimated that the

If the ball is in contact with the wall for 315 ms what is : a 49.0-g super ball traveling at 30.0 ms bounces off a brick wall and rebounds at 15.0 ms. a high-speed camera records

Prepare a direct materials budget showing the quantity of : pearl products limited of shenzhen china manufactures and distributes toys throughout south east asia. five cubic

A particle moves according to the equation x 8t2 where x : a particle moves according to the equation x 8t2 where x is in meters and t is in seconds. a find the average velocity

The loading produes a gross nominal tension stress of 45 : a very wide sheet of 7075-t651 aluminum plate 8mm thick is found to have a single-edge through-the-thickness crack 25

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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!

Submit Assignment

User Account

All Pages