On July 1 2019 Carla Vista Co purchased new equipment for $85,000. its estimated useful life was 5 years with 10,000 salvage value. On december 31 2022, before calculating annual depreciation. the company estimated that equipment remaining useful life was 10 years, with revised salvage value of $5,000 B) prepare a journal entry to record december 31 2020

Q: can you include the arranged table of it? i have trouble on it. Thanks!

A: Vertical analysis and horizontal analysis is a financial statement analysis method. In vertical…

Q: how did u get that answer in the table? the present value? please solve

A: Here, First Cost is $8,914,223 Annual Operating Cost id 4281,740 Salvage Value at the end of 6 year…

Q: calculations to these answers?

A: Cost allocation is the process of assigning or distributing the costs to different business units,…

Q: Show how to insert formula in excel

A: Perpetuity: It is a stream of cash flow that is presumed to continue for an indefinite period.

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: What does CAPM allow you to calculate?

A: CAPM model is basically the capital asset pricing model which helps us in determining the expected…

Q: What is simple interest

A: SOLUTION:   Simple interest is the method of calculating interest on a loan. It is calculated only…

Q: Please provide with calculations, Thank you

A: A cash budget is an estimate of a corporation's cash flows for a given time span. A cash budget is…

Q: Give two examples of using annuities

A: Introduction: An annuity is an insurance contract issued and sold by a financial institution, whose…

Q: Kindly provide a thorough explanation of how it is computed. It is a pleasure if you could provide a…

A: Cost of goods sold is the cost incurred on making the goods sold in the market.

Q: Can you help me maths lit

A: The question which you have posted is about the math and math is evolved in almost every subject be…

Q: kindly show working for figures above

A: Net income or loss refers to the amount of income or loss which is earned by the business during the…

Q: how do you calculate this question with excel formulas

A: Information Provided: Withdraw amount = $10,000 Interest rate = 6% Years for withdraw $10,000 = 5…

Q: e for e

A: Interest is a concept which arises when the money borrowed by the borrower has to be [aid along with…

Q: can you please type out the equation

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: Give a definition of “Receivables”. Give two examples.

A: In accounting, Receivables means amount to be received from outside of the company. It includes…

Q: Please explain the calculation of C transactions

A: Retirement of bonds means the bonds which was issued earlier are retired. In simple, the amount is…

Q: Can I get a breakdown on how this is done all I'm seeing is a bunch of numbers

A: In the solution provided present value of all the coupon payments and future value is done to…

Q: How is QuickBooks organized?

A:

Q: I need to see the equation used to calculate this for it to make sense to me. Can you please show…

A: A mortgage is a loan for a specific amount of money, and mortgage payments are the repayments of…

Q: Can you please provide the calculations to get to this number.

A: The unified tax credit defines a dollar amount that an individual can gift during their lifetime and…

Q: Define receivables and understand issues related to their recognition.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: Thanks for the answer but please do the calculation without using excel formula

A: The profit or loss that an investor anticipates on an investment with known historical rates of…

Q: Can you please write out the equations

A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: What is the function of the Bill Window? What GL account is Bill Window associated with?

A: The Bill Window is a feature of modern accounting software that allows users to easily track and…

Q: 1. Calculate the amounts to be reported on each employee's Wage and Tax Statement (Form W-2) for…

A:

Q: How to do the according equation

A: Accounting Equation is the double-entry system used by the organization to get the balance sheet and…

Q: Can you provide a manual written working of calculating CAPM Req. Return and beta

A: The Capital Asset Pricing Model is a model that describes the relationship between the expected…

Q: Write the note on JIT technique, what is the full form of JIT?

A:

Q: What are age of receivables and how do you calculate them? Please explain

A: Accounts receivable form a part of assets of the entity and represents the amount due from the…

Q: Describe the accounting for contributions.

A: Contribution: It usually refers to the earnings that can be calculated by subtracting all direct…

Q: Can you please provide the calculations that you used.

A: Current Assets - Current Assets is the assets which can convert into cash with in a span of one…

Q: Kindly use PMT in your computations

A: Loan amount “PV” = 60000 Origination fees = 3%*60000 = 1800 Net loan amount = 60000-1800=58200 Time…

Q: Can you please provide me some examples or practice problems to calculate allocation rate?

A: Activity based costing (ABC) is the modern method for the classification of various expenses to…

Q: Do you mind rewriting that out as Beginning notes payable+Additions-Deduction?

A: Ending Notes Payable = Beginning Notes Payable + Additions - Deduction Deduction = Beginning Notes…