Business, 05.11.2019 05:31 brooklynunderwood46
Ighsmith rental company purchased an apartment building early in 2018. there are 20 apartments in the building and each is furnished with major kitchen appliances. the company has decided to use the group depreciation method for the appliances. the following data are available: appliance cost residual value service life (in years) stoves $ 37,000 $ 4,000 6 refrigerators 32,000 3,000 5 dishwashers 30,000 2,000 4 in 2021, three new refrigerators costing $3,800 were purchased for cash. the old refrigerators, which originally cost $3,700, were sold for $1,300. required: 1. calculate the group depreciation rate, group life, and depreciation for 2018. 2. prepare the journal entries to record the purchase of the new refrigerators and the sale of the old refrigerators.
Answers: 1
Business, 22.06.2019 21:00, crazylogic963
China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.
Answers: 3
Business, 23.06.2019 02:30, bitterswt01
The accountant at bramble corp. has determined that income before income taxes amounted to $10800 using the fifo costing assumption. if the income tax rate is 30% and the amount of income taxes paid would be $900 greater if the lifo assumption were used, what would be the amount of income before taxes under the lifo assumption?
Answers: 2
Business, 23.06.2019 07:30, ykluhredd
The uk economic climate is important for pod point. it is considering two options to reduce the impact of falling uk consumer incomes on sales: 1. focus on selling to foreign countries. or 2. cut costs of production. justify which one of these two options pod point should choose
Answers: 1
Business, 23.06.2019 08:30, Dolphin56
Ryan receives an e-mail that states the internet is being cleaned up and that he should leave his computer powered-off for 24 hours after receipt of this message. after careful review of the message contents and verifying the information with the desk he realizes this is:
Answers: 2
Ighsmith rental company purchased an apartment building early in 2018. there are 20 apartments in th...
Mathematics, 28.01.2020 01:31