subject
Business, 16.03.2020 22:37 sabrinarea041904

"On January 1, 2018, Payton Co. sold equipment to its subsidiary, Starker Corp., for $115,000. The equipment had cost $125,000, and the balance in accumulated depreciation was $45,000. The equipment had an estimated remaining useful life of eight years and $0 salvage value. Both companies use straight-line depreciation. On their separate 2018 income statements, Payton and Starker reported depreciation expense of $84,000 and $60,000, respectively. The amount of depreciation expense on the consolidated income statement for 2018 would have been:"

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 17:40, alyssamiller401
Which of the following is the least risky? collectables stock savings bond savings account
Answers: 2
image
Business, 21.06.2019 22:50, emmanuelcampbel
What happens when a bank is required to hold more money in reserve?
Answers: 3
image
Business, 21.06.2019 23:00, emilyswinge4421
James has set the goal of achieving all "a"s during this year of school. which term best describes this goal
Answers: 2
image
Business, 22.06.2019 10:50, stodd9503
Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate. a. after a long search, jon finds a job. b. tyrion, a full-time college student, graduates and is immediately employed. c. after an unsuccessful job search, arya gives up looking and retires. d. daenerys quits her job to become a stay-at-home mom. e. sansa has a birthday, becomes an adult, but has no interest in working. f. jaime has a birthday, becomes an adult, and starts looking for a job. g. cersei dies while enjoying retirement. h. jorah dies working long hours at the office.
Answers: 2
You know the right answer?
"On January 1, 2018, Payton Co. sold equipment to its subsidiary, Starker Corp., for $115,000. The e...

Questions in other subjects:

Konu
Chemistry, 16.12.2021 09:10