Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem-
On 1 July, 2007 Voicestar Ltd purchased factory machinery at a cost (including GST) of $11,000. Depreciation is to be provided on a reducing balance basis at 25% per annum.
Required
(a) Depreciation schedule tocover the years ended:
(i) 30 June 2008(ii) 30 June 2009
(b) Ledger accounts for Machinery, Accumulated Depreciation of Machinery and Depreciation expense to 30 June 2009.
(c) Income Statement (extract) showing Depreciation Expense and Balance Sheet (extract) showing Machinery on 30 June 2009.
Additional information-
This problem belongs to Accounting and it discuss about preparing ledger accounts for machinery and depreciation for machinery for a small business.
consider the three different centers in a company-cost center profit center and investment center. which of these three
lopez company began operation on january 1 2010. during its first two years the company completed a number of
look up the financial statement of pepsicola inc. in its latest annual report. what 3 items of important information
On the statement of cash flows prepared by the indirect method, a $50,000 gain on the sale of investments would be:
bison sporting goods sells bicycles throughout the northeastern united states. the following data were taken from the
What is the amount of bond discount amortization for the June 30, 2005, adjusting entry?
describe the difference between temporary and permanent accounts and state which ones are closed. describe the purpose
lindon company uses 4500 units of part x each year as a component in the assembly of one of its products. the company
question 3 nbsp nbspsmith inc. manufactures and sells fan belts. nbspthe selling price for these fan belts is 7.00
determining amount to borrow and pro forma statement balances athena sudsberry owns a small restaurant in new york
on may 1 2012 chance corp. issued 319800 7 5-year bonds at face value. the bonds were dated may 1 2012 and pay interest
Compute the company return on investment - what would be the the company roi in this scenario and explain
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd