Bill’s wrecker service has just completed a minor repair on a tow truck. the repair cost was $1,550, and the book value prior to the repair was $6,500. in addition, the company spent $12,000 to replace the roof on a building. the new roof extended the life of the building by five years. prior to the roof replacement, the general ledger reflected the building account at $85,000 and related accumulated depreciation account at $32,000. required : after the work was completed, what book value should appear on the balance sheet for the tow truck and the building?

Post test question number 9 for entering the job market

How many organs are supplied at a zero price? (b) how many people die in the government-regulated economy where the government-set price ceiling is p = 0? the quantity qd – qa. the quantity qe – qa. the quantity qd – qe. (c) how many people die in the market-driven economy?

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)