Business, 25.11.2021 05:40 mcckenziee
Moser, Inc, purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage value at the end of its estimated six year useful se. Straight-line depreciation has been recorded. Before adjusting the accounts for 2019, Moser decided that the useful fe of the equipment should be extended by three years and the salvage value decreased to 18.000
a. Prepare a journal entry to record depreciation expense on the equipment for 2019. Round your answer to the nearest dollar
b. What is the book value of the equipment at the end of 2019 (after recording the depreciation expense for 2019)?
Answers: 2
Business, 23.06.2019 01:40, kaiya789
6. why the aggregate supply curve slopes upward in the short run in the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price level in the economy deviates from the expected price level. several theories explain how this might happen. for example, the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. consider a soybean farmer who expects a price level of 100 in the coming year. if the actual price level turns out to be 90, soybean prices will , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by the quantity of soybeans supplied. if other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to the natural level of output in the short run.
Answers: 3
Business, 23.06.2019 11:00, maguilarz2005
What are the factors that affects on the process of planning
Answers: 3
Business, 23.06.2019 12:00, ltay92
Prepare a 250-500-word response to mrs. turner's questions about predicting final scores, statistical significance, and whether a store location should be closed based on the data provided. explain your approach and the rationale for this method. evaluate the outcomes of your regression model and the responses to mrs. turner's questions.
Answers: 3
Business, 23.06.2019 15:40, bodisontbernard
Select the correct answer. after the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy? a. the interest rate on loans will fall. b. people will demand more foreign goods. c. people will start borrowing more money. d. the economy will face inflation. e. foreign investments will increase.
Answers: 3
Moser, Inc, purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage v...
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