During the current year, martinez company disposed of two different assets. on january 1, prior to their disposal, the accounts reflected the following: asset originalcost residualvalue estimatedlife accumulateddepreciation(straight-li ne) machine a $ 76,700 $ 4,300 15 years $ 62,747 (13 years) machine b 20,500 2,100 8 years 13,800 (6 years) the machines were disposed of in the following ways: a. machine a: sold on january 2 for $20,500 cash. b. machine b: on january 2, this machine suffered irreparable damage from an accident and was removed immediately by a salvage company at no cost. required: 1. & 2. prepare the journal entries related to the disposal of machine a and b on january 2 of the current year. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)tip: when no cash is received on disposal, the loss on disposal will equal the book value of the asset at the time of disposal.

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u. s. parent on bank deposits held in london d. interest received by a u. s. parent on a loan to a subsidiary in mexico e. principal repayment received by u. s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u. s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.