Details of this Paper

BUS4060 accounts

Description

solution


Question

Question;BUS4060 ? u08a1 Solution;Problem 8-5A;Year;Straight-line;Units-of-Production;Declining-Balance;1;47500;47346;4;47500;47736;3;47500;46644;4;47500;44640;6250;Totals;190000;Please show all calculations in this area;Problem 8-6A;1. Debit Credit;Jan. 2;Jan. 3;Jan. 3;2. a. First year;Dec. 31;b. Fifth year;Dec. 31;3. Accumulated depreciation at the date of;disposal;Book;value at the date of disposal;a. Sold;for $13,500 cash Debit;Credit;Dec. 31;b. Sold;for $45,000 cash;Dec. 31;c. Destroyed;in fire and collected $24,000 cash from insurance co.;Dec. 31

 

Paper#50193 | Written in 18-Jul-2015

Price : $22
SiteLock