What is the book value of the cash registers on may

Assignment Help Accounting Basics
Reference no: EM132549264

Question - Gourmet Shop purchased cash registers on April 1 for $12,000. If this asset has an estimated useful life of four years, what is the book value of the cash registers on May 31?

Reference no: EM132549264

Questions Cloud

Provide recommendation for mlr sdn bhd : They would like to reduce these costs and have asked you, the cost accountant, for some advice. Provide your recommendation?
Compute the smiths beginning capital balance : Smith invest $30,000 in their partnership for a 10% interest, including bonuses to the existing partners. Compute the Smith's beginning capital balance
Describe common diseases that affect the endocrine system : Describe 2 common diseases that affect the endocrine system. Identify the major providers who would treat a patient with one of the diseases discussed above.
Prepare a schedule to show the impact on mta profits : Prepare a schedule to show the impact on MTA's profits of providing 400 sandwiches in addition to the regular production and sales of 19,700
What is the book value of the cash registers on may : Gourmet Shop purchased cash registers on April 1 for $12,000. What is the book value of the cash registers on May
Public policy social distancing : Select one state and one federal law related to social distancing. Describe the provisions (conditions) of this law.
What are the clinical interventions for patients : The goal of these recommendations is that clinicians strongly recommend the use of effective tobacco dependence counseling and medication treatments to their.
Show and prepare cost of goods sold statement : Show and Prepare Cost of goods sold statement. Work in process inventory, April 1st 19A 41,200 Direct Labour 2,90,000 Indirect labour 46,000
Who does the organization serve and how : Research an organization that provides helpful services in your community and write a 1-page summary using the prompts below.

Reviews

Write a Review

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.

  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

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd