subject
Business, 07.03.2020 04:08 taygotclout4786

On July 15, 2016, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for $750,000 and $325,000, respectively. The book value of the patent and equipment on the date of sale were $120,000 and $400,000 (cost of $550,000 less accumulated depreciation of $150,000), respectively.

Required:

Prepare the journal entries to record the sales of the patent and equipment

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 15:00, mxddisonxo
Asap ! 1. evaluate the following and simplify if possible when pie = 22 11/pie = 2. evaluate the following and simplify if possible when pie = 11 and y = 5 pie/12 - y/12 = 3. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/ pie = 4. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/pie = 5. evaluate the following and simplify if possible when pie = 6 and y = 10: x/y = 6. evaluate the following and simplify if possible when pie = 6: pie/9 7. evaluate the following and simplify if possible when pie = 5 and y = 20: pie/y = 8. evaluate the following and simplify if possible when pie = 4 and y = 24: pie/y = 9. evaluate the following and simplify if possible when pie = 6 5/pie = 10. evaluate the following and simplify if possible when pie = 21 4/7 + 2/pie = 11. evaluate the following and simplify if possible when pie = 3 and y = 1 pie/10 + y/5 = 12.evaluate the following and simplify if possible when pie = 8 pie/10 =
Answers: 1
image
Business, 21.06.2019 15:50, michellelirett
Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?
Answers: 2
image
Business, 21.06.2019 22:00, mpete1234567890
Select the correct answers. mila is at a flea market. she has $50 in her wallet. she decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5 on a t-shirt, and $10 on something to eat. she likes a one-of-a-kind t-shirt, but the seller is not ready to sell it for less than $8. she thinks of five ways to deal with this situation. which two choices indicate a trade-off?
Answers: 3
image
Business, 22.06.2019 17:50, pickles3233
The management of a supermarket wants to adopt a new promotional policy of giving a free gift to every customer who spends > a certain amount per visit at this supermarket. the expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $95 and a standard deviation of $20. if the management wants to give free gifts to at most 10% of the customers, what should the amount be above which a customer would receive a free gift?
Answers: 1
You know the right answer?
On July 15, 2016, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for $75...

Questions in other subjects:

Konu
Mathematics, 20.04.2021 22:00
Konu
History, 20.04.2021 22:00