subject
Business, 25.11.2019 23:31 kekeke68

Pearl company owns equipment that cost $927,000 and has accumulated depreciation of $391,400. the expected future net cash flows from the use of the asset are expected to be $515,000. the fair value of the equipment is $412,000. prepare the journal entry, if any, to record the impairment loss. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented).

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 15:30, jasonoliva13
Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration
Answers: 2
image
Business, 22.06.2019 20:00, javonteoshamccaliste
Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation
Answers: 2
image
Business, 22.06.2019 20:30, absports
Identify the level of the literature hierarchy for u. s. gaap to which each item belongs
Answers: 1
image
Business, 23.06.2019 00:00, destinyranson
Which of the following is not a factor to consider when deciding whether to accept a special order? whether this order will hurt the brand name of the company whether other potential orders would be more profitable whether additional fixed costs would need to be incurred whether the offered price is sufficient to cover prime costs and fixed overhead allocated all of the above
Answers: 2
You know the right answer?
Pearl company owns equipment that cost $927,000 and has accumulated depreciation of $391,400. the ex...

Questions in other subjects:

Konu
Mathematics, 19.02.2021 01:30
Konu
Mathematics, 19.02.2021 01:30
Konu
Biology, 19.02.2021 01:30