Reference no: EM131264376
Prepare a depreciation schedule showing depr. exp., accumulated depreciation and ending book value, year-by-year.
Three schedules for the 3 methods: straight-line, units-of-production, double declining basis. Asset is a delivery Truck.
Est. Life ………… 4
Orig. Cost Basis 24,700.00
Est. Residual Value 1,000.00
Est. total milage 100,000
miles driven, Yr 1 22,800
miles driven, Yr 2 24,400
miles driven, Yr 3 29,400
miles driven, Yr 4 23,400
Part 2:
Assuming the truck is sold at the end of yr. 3, give the gen. journal entry to record the sale (straight-line method)
assume it was sold for: 5,500.00
use excel and show work
Develop a funding proposal for the agency
: Develop a funding proposal for the agency - Identify community partnerships that would collaborate with the agency to advance its mission
|
How should the balance sheet be expanded to prevent
: Using an internet search tool, locate Procter & gamble’s investor relations web site. Under “Financial reporting,” you will find the company’s 2009 annual report. How should the balance sheet be expanded to prevent this?
|
Write a program that determine which number produce sequence
: Write a program that determines which numbers produce a happy sequence, within a series of test numbers. Main will call a user-defined function to read the first and last numbers for the range to test from the user.
|
What would the growth have been on constant currency basis
: Using an Internet search tool, find Procter & Gamble’s investor relations website. Under “Financial Reporting,” you will find the company’s 2009 annual report. In the annual report’s section titled “Management’s Discussion and Analysis,” you will f..
|
Straight-line-units-of-production-double declining basis
: Prepare a depreciation schedule showing depr. exp., accumulated depreciation and ending book value, year-by-year. Three schedules for the 3 methods: straight-line, units-of-production, double declining basis. Asset is a delivery Truck. Assuming the t..
|
Develop a technology proposal
: You have been hired by Crete LLC as an Information Technology consultant to develop a technology proposal. Crete LLC manufactures and distributes solar panel for the consumer market. Your job is to submit a proposal that meets their criteria.
|
Newly formed corporation subsequent to the exchange
: Company A, Inc. is a distributor of office equipment. Company A has a wholly owned susidiary, JK, a equipment manufacturer. Company A has been talking to company B about forming a new business entity. Company B is also a distributor of office equipme..
|
Annual interest rate and annual payments
: The Taylor's have a 9 year old daughter that they wish to provide her college education. They estimate that it will cost $30,000 per year for 4 years when she decides to enter college 10 years from now. How much would the Taylors have to invest today..
|
Invest for fractional parts of the year
: Kunkle company wishes to earn 20% annually on its investments. If it makes an investment that equals or exceeds that rate it considers it a success. Assume that it invests $2 million and gets $500,000 in return at the end of each year for X years. Wh..
|