Which of the following is NOT a time-based depreciation method? Select one: a. any diminishing balance method b. double-declining balance c. units of production d. straight-line
Q: I need answer
A: Explanation of Basic Rate:The basic rate refers to the cost at which goods or materials are recorded…
Q: Accounting questions
A: Step 1: Define Service CostService Cost are cost incurred by the service departments in assisting…
Q: Flyrite company currently has a net income solution this question
A: Step 1: Define Price Earning RatioPrice earning ratio is a financial ratio that compares the Earning…
Q: I want to correct answer general accounting
A: Step 1: Define DebtDebt can be defined as a sum of money that has been offered by one person to…
Q: All of the following are reasons why IT is important to accountants except: a.IT questions often…
A: The question is asking us to identify which of the given options is not a reason why Information…
Q: Need help with this question solution general accounting
A: Step 1: Define Cost ClassificationThe basic input for cost and management accounting reports comes…
Q: Cwn company uses a job - order costing system solution this question
A: Step 1: Define Predetermined OverheadThe predetermined overhead rate is the ratio of the estimated…
Q: 21 Company A lends $50,000 to Company B and receives a $50,000, four-year note with a 6% stated…
A: Carrying Amount = Present Value of the Principal + Present Value of Interest Payments Carrying…
Q: The small business deduction is only available on: Multiple Choice The first $500,000 in…
A: The small business deduction is a specific tax relief in Canada aimed at helping smaller businesses…
Q: Lisa Meilo works for Pacific Company show completed results Accounting 100 chapter 7
A: 1. Regular Pay BreakdownRegular Hours:Lisa worked 50 total hours.The company policy allows up to 40…
Q: Samson chemical corporation has three divisions solve this question
A: Step 1: Define Capital TurnoverA company's capital can also refer to the investments made using…
Q: Need solution
A:
Q: ANSWER FAST
A: Perpetual inventory systems have evolved the stock control process mainly for the reason that they…
Q: Solve the problem
A: Explanation of Segment Reporting: This is the practice of dividing a company's financial information…
Q: Financial Accounting
A: Step 1: Annual credit sales.= total annual sales x 75%= $4,387,500 Step 2: Daily credit sales.=…
Q: The haskin company manufacturers accounting questions solution
A: Step 1: Define Cost-Volume-Profit AnalysisThe examination of variation between costs of production…
Q: What is the coupon rate on these financial accounting question?
A: Step 1:Computation of the present value factors: Rate (r): Market rate = 7.9% or 0.079Number of…
Q: Set the answers to zero decimal places.
A: If you have any clarifications (i.e., expand the explanation) or want different, expanded, or…
Q: Get correct answer
A: Step 1: Define Total assetTotal assets can be defined as the sum of current assets and long-term…
Q: A company sold a machine that originally cost solution this question
A: Step 1: Define Gain on SaleA fixed asset is said to be sold at a profit when the sale value exceeds…
Q: Please given answer accounting
A: Step 1: Define General And Administrative Expenses:General and Administrative Expenses are routine…
Q: Please provide answer the accounting question not use ai
A: Step 1: Define Owner's CapitalThe owner's capital account reflects the financial interest that the…
Q: Accounting question
A: Step 1: Define Price Earnings RatioPrice earnings ratio is a financial ratio which is used for the…
Q: The braxton co.has beginning long-term debt of $64500 solution this question
A: Step 1: Define InterestInterest is a charge against the company's profits mandating its payments…
Q: Exercise 11-6 (Algo) Contrasting Return on Investment (ROI) and Residual Income [LO11-1. LO11-2] Tan…
A: Step 1:Return on Investment and Residual Income are widely used for appraising divisional…
Q: Give true solution for this accounting question
A: Step 1: Define Budgeted factory overheadFactory overheads are the entire cost of maintaining the…
Q: What is the interest expense for December 31 on these accounting question?
A: Step 1: Define Promissory NotesA promissory note issued by a borrower to the lender that includes…
Q: Sub-General Accounting
A: Detailed Explanation: • Human Resource Accounting (HRA) advances established concepts of accounting…
Q: put answer to zero decimal place and place answer in descending order.
A: Here is the detailed explanation of each journal entry for 2023:1. To Record Construction…
Q: please asnwer it fast gross profit?
A: Step 1: Determine the Cost of Goods Sold (COGS) COGS = Beginning inventory + (Purchases - Purchase…
Q: None
A: 1: LandBeginning balance: $600,000.Increase:Acquired land in exchange for stock and incurred…
Q: Question-38 From what base amount is salvage value deducted when calculating depreciation? a) Market…
A: Hello student! Depreciable Cost is the amount of an asset's cost that is subject to depreciation…
Q: 1-3 general accounting
A: Explanation: In the given case, it is provided that Coastal Produce Market has inventory records as…
Q: Give me true answer this general accounting question
A: Step 1: Define Carrying ValueCarrying cost, also referred to as holding cost, is the cost incurred…
Q: Solve this question accounting
A: Step 1: Define Operating LeverageOperating leverage indicates the percentage change in the operating…
Q: Please provide correct answer accounting question
A: Step 1: Define Average Operating AssetsOperating assets refer to those assets that a company's…
Q: Question 2 At December 31, 2023, Credit Ltd. had a credit balance of $15,000 in Allowance for…
A: QUESTION 2 Here's the step-by-step solution to prepare the journal entries for the 2024 transactions…
Q: If you have a choice, at which point will you enter into such forward contracts for hedging…
A: 1. Hedging against expected cash flow (before signing a contract)This approach is the most proactive…
Q: Goodman company has sales of 3,000 units solving accounting question
A: Step 1: Define Operating LeverageOperating leverage calculates the percentage change in the…
Q: Get correct answer accounting
A: Calculate the book value of the machine:The book value of an asset represents its value on the…
Q: Selling the assets be?
A: Gain on sale = Market Value - Sale ValueGain on sale = 10,000-4,000Gain on sale = $6,000 Tax on Gain…
Q: I want to correct answer accounting
A: Step 1: Define Overhead Allocation RatesOverhead allocation rates are the rates used to allocate the…
Q: Accounting Method solution
A: Step 1: The weight of Equity in the computation of WACC can be calculated by dividing the Value of…
Q: Hi expart Provide answer the accounting question not use ai
A: Step 1: Define MaturityThe maturity of a market instrument is the date and day when the loan amount…
Q: Record the amount
A: Explanation of Basic Rate: Basic rate is the standard or predetermined cost assigned to materials or…
Q: Use the following data to find the total solution this question
A: Step 1: Define Cost VariancesThe cost (or price or rate) variances in standard costing are those…
Q: The cavy company estimates that the factory overhead for the solve this question jeneral account…
A: Step 1: Define Predetermined Overhead RatePredetermined overhead rate is based on the estimation…
Q: Need help with this question solution general accounting
A: Step 1:Calculate Earnings per Share (EPS)Step 2:Calculate the P/E ratio
Q: Please provide answer the accounting question not use ai
A: Step 1: Define Account ReceivableThe account is opened after selling goods and services to the buyer…
Q: tell answer for both calculations. General account
A: Calculation of the LCNRV for the inventory on an itemized product basis and the totalProductUnits on…
Which of the following is NOT a time-based depreciation method?
AI-generated content may present inaccurate or offensive content that does not represent bartleby’s views.
Unlock instant AI solutions
Tap the button
to generate a solution
Click the button to generate
a solution
- The method of depreciation which is also known as Accelerated depreciation method is a. Diminishing balance method b. Units of production method c. Double declining depreciation method d. Straight line methodWhich of the following depreciation methods will result in the most depreciation expense over the life of an asset? Select one: a. Double-declining balance method b. All three methods will result in the same amount of depreciation expense. c. Units-of-production method d. Straight-line method e. Cannot be determined from the information given.Which of the following depreciation methods most closely approximates the method used to deplete the cost of natural resource? a. Straight-line method b. Double-declining-balance method c. Either the cost model or the revaluation model d. The recoverable amount model
- Which of the following methods applies a declining depreciation rate each period to an asset's constant value? a.Double-declining-balance methodb.Straight-line methodc.Sum-of-the-years'-digits methodd.Units-of-production methodWhich method is used to compute depletion? a. Double-declining-balance method b. Straight-line method c. Depletion method d. Units-of-production methodThe depreciation method that does not initially use the residual value in depreciation calculations is thea. straight-line method.b. units-of-production method.c. double-declining balance method.d. direct method.
- Listen Which of the following methods of computing depreciation is variable in nature? a) Straight-line Ob) Declining-balance c) Units-of-activity d) None of these answer choices are correct.Which of the following depreciation methods initially ignores salvage value in its calculation? a.Declining-balanceb.Sum-of-the-years'-digitsc.Straight-lined.Units-of-productionThe depreciation method that applies a constant percentage to depreciable cost in calculating depreciation is Select one: a. none of these. b. straight-line. c. declining-balance. d. units-of-activity.
- Which depreciation method ignores residual value when computing the depreciable base of an asset? a. sum-of-the-year's-digits b. double-declining-balance c. composite depreciation d. group depreciationWhich depreciation method would result in the same depreciation expense amount regardless of the partial period cor Select one: a. Sum-of-the-years'-digits b. Declining-balance c. Units-of-production d. Straight-lineFirst cost Book depreciation life MACRS property class Salvage value n 1 2 3 4 5 6 7 8 A $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $0 B $22,857 $16,327 $11,661 $5,154 SO SO SO SO $80,000 7 years 7 years $24,000 C $11,429 $19,592 $13,994 $9,996 $7,140 $7,140 $7,140 $3,570 D $22,857 $16,327 $11,661 $8,330 $6,942 $6,942 $6,942 SO
