Monday
March 30, 2015

Homework Help: accounting

Posted by Anonymous on Tuesday, August 2, 2011 at 4:01pm.

On January 1, 2006, Powell Company purchased a building and machinery that have the following useful lives, salvage value, and costs.
Building, 25-year estimated useful life, $4,000,000 cost, $400,000 salvage value
Machinery, 10-year estimated useful life, $500,000 cost, no salvage value

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Accounting-HELP ME! - A company purchased machinery for $660,000 on May 1,2008. ...
accounting - How do i calculate this problem. An asset was purchased for $150,...
Intermediate Accounting - Gerald Engle hart Industries changed room the double-...
accounting - 1-On May 1, 2012, Pinkley Company sells office furniture for $150,...
Accounting - I am trying to figure out if I am doing this accounting problem ...
financial accounting - eckman company purchased equipment for $80,000 on ...
accounting - A company purchased a machine on January 1 of the current year for...
Straight-line Depreciation - Please how do i calculate this problem. An asset ...
accounting - Quayle Company acquired machinery on January 1, 2002 which it ...
business - Construction of a new plant: Architect's fees $ 4,000 Cash paid for ...

Members