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- In the sum of the years-digits method, the fraction 4/10, the numerator 4 is called as ________. a. Cost b. Residual value c. Sum of the assets service life d. Years remainingUnit IV question 13ent-player/index.html?launchId=5e8570d9-7885-4557-a756-8a59bb69135c#/question Question 6 of 9 View Policies Current Attempt in Progress (a1) At the end of its first year, the trial balance of Blossom Company shows Equipment $23,100 and zero balances in Accumulated Depreciation Equipment and Depreciation Expense. Depreciation for the year is estimated to be $2,700. Date Prepare the annual adjusting entry for depreciation at December 31. (List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Dec. 31 WP NWP Assessment Player Ul Ap X + Account Titles and Explanation eTextbook and Medial List of Accounts Save for Later -/15 : Debit Credit Attempts: 0 of 3 used (a2) The parts of this question must be completed in order. This part will be available when you complete the part above. (a3) The parts of this question…
- practiceHonorlock Launch O Question 48 - MidTerm, Chapte >x C A Aser n A s 2 252%252 H Netflix * 192,188.23.72/Ed... * https://ee.dde.pr/. y Gma YouTube Maps Traducir Se eSantaFe Iniciar .. MidTerm, Chapters 1-7 Baved. TB MC Qu. 7-111 Kansas Enterprises purchased equipment for... 48 Kansas Enterprises purchased equipment for $75,500 on January 1, 2021. The equipment $9,000 at the end of five years. Using the double-declining balance method, the book value at December 31,2022, wou 36 Multiple Cholce $31,660. $27180CengageNOWv2| Online teachir x b d21 mnsu - Bing -2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSes.. On January 1, a company sold a machine for $5,000 that it had used for several years. The machine cost $11,000, and had accumulated depreciation of $4,500 at the time of sale. What gain or loss will be reported on the income statement for the sale of the machine for the year ended December 317 Oa. gain of $5,000 Ob. loss of $6,500 Oc. gain of $1,500 Od. loss of $1,500 11:05 AM 4/6/2021 a
- Spb Preview File ♥ Edit View Go Tools Window Help mgt120h-a17.pdf Page 3 of 10 C. 5.55 years d. None of the above a. 0.8 times b. 1.25 times c. 3.33 times d. 4.17 times Cost-Volume-Profit Analysis 40 8. A company's average total assets is $200,000, depreciation expense is $10,000, and accumulated depreciation is $60,000. Net sales total $250,000. The asset turnover ratio is The Effect Of Prepaid Taxes On Assets And Liabili... O Debenture Valuation CC 7 D ↑ V Search (Cª Ơ Sat Apr 15 3:05 PM b. $40,000 loss on disposal c. $40,000 gain on disposal d. $25,000 loss on disposal is $200,000, depreciation exis $10 000 tyroperty and 0,000. The average of the company's property and equipment is a. 20 years b. 6 years Thereciation is 3.33 years d. None of the above 8. A company's average total assets is $200,000, depreciation expense is $10,000, and accumulated depreciation is $60,000. Net sales total $250,000. The asset turnover ratio in 400 // _R—CengageNOWv2 |Online teachin X * CengageNOWv2 | Online teachin x+ ow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator=&inprogre... * еВook Show Me How Staley Inc. reported the following data: Net income $406,700 Depreciation expense 60,700 Loss on disposal of equipment 39,500 Increase in accounts receivable 26,800 Increase in accounts payable 11,100 Prepare the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method. Use t out flows, cash payments, decreases in cash, or any negative adjustments. Staley Inc. Statement of Cash Flows (partial) Cash flows from operating activities: Net income 406,700 Adjustments to reconcile net income to net cash flow from operating activities: Depreciation 60,700 Loss on disposal of equipment 39,500 Changes in current operating assets and liabilities: Increase in accounts receivable 26,800 x Increase in accounts payable 11,100 Net cash flow from operating activities 491,200…
- Online teachin x n/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator=&inprogress%3false еВook Discussion Question 13-6 (LO. 4) On July 16, 2020, Logan acquires land and a building for $500,000 to use in his sole proprietorship. Of the purchase price, $400,000 is allocated to the building, and $100,000 is allocated to the land. Cost recovery of $4,708 is deducted in 2020 for the building (nonresidential real estate). a. What is the adjusted basis for the land and the building at the acquisition date? Land Building b. What is the adjusted basis for the land and the building at the end of 2020? Land Building $ 40 Previous Next Check My Work 10:57 PM 28°F Clear 2/14/2022Which technique is the most accurate to measure the distance? O Pacing O Taping Measurement Wheel EDM Question 12 6 pts A road centerline gradient falls from sta 10+00, elevation-300 ft, to station 15+00 at a range of 1%. What is the elevation (ft) at station 15+00? O 295 285 300 O 290 O O O Oa fired aseet, uch ata computer, was purchaed un lanuary 1 for $1.419 wth an estimaned e aand a salvage or reiduv S11. e ouma ry tur the mat egenunder ti d OAcomlated Depredation Depredation Epene 212.57 212.57 Depredation Expense Accumulated Depreciation 1721 O Aocumulated Depredation 17.71 Deprecianion Expense 17.71 O Depredation Epense 212.57 Accumulatad Depredation 212.5
