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St. line depreciation & salvage value
thanks a lot for your advice i will correct my mistake Thanking you once again
Saturday, February 6, 2010 at 8:36am by rk

Straight-line Depreciation
Please how do i calculate this problem. An asset was purchased for $150,000. It had an estimated salvage value of $30,000 and an estimated useful life of 10 years. After 5 years of use, the estimated salvage value is revised to $24,000 but the estimated useful life is ...
Thursday, December 3, 2009 at 12:26pm by Peaches

programming
3. Your company needs to depreciate its assets. The accountant wants to record the purchase price, the useful life, and the estimated salvage value. Your program should be able to depreciate by the straight-line method. For example, a computer system was purchased for $25,000...
Friday, February 15, 2013 at 2:06pm by tina

Accounting
ABC company purchased machine for $300,000 that had a useful life of 5 years, with a salvage value of $50,000 at the end its life. Depreciation was calculated over 2 years on straight-line basis. In 20X2, it determined that the total life should be 10 years with the salvage ...
Saturday, November 10, 2012 at 10:04pm by Frank

St. line depreciation & salvage value
A USED CONCRETE PUMPING TRUCK CAN BE PURCHASED FOR 125,000 DOLLARS. THE OPERATING COST ARE EXPECTED TO BE 65,000 DOLLARS AT THE FIRST YEAR & INCREASE BY 5% EACH YAER THEREAFTER. AS A RESULT OF THE PURCHASE, THE COMPANY WILL SEE IN INCREASE IN INCOME OF 100,000 DOLLARS THE ...
Saturday, February 6, 2010 at 8:36am by rk

St. line depreciation & salvage value
A used concrete pumping truck can be purchased for 125,000 dollars. The operating cost are expected to be 65,000 dollars at the first year & increase by 5% each yaer thereafter. As a result of the purchase, the company will see in increase in income of 100,000 dollars the ...
Saturday, February 6, 2010 at 11:43pm by rk

accounting
How do i calculate this problem. An asset was purchased for $150,000. It had an estimated salvage value of $30,000 and an estimated useful life of 10 years. After 5 years of use, the estimated salvage value is revised to $24,000 but the estimated useful life is unchanged. ...
Thursday, December 3, 2009 at 12:36pm by Peaches

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Sunday, April 28, 2013 at 6:33pm by Karlie Kloss: I&am

St. line depreciation & salvage value
For future reference, please do not use capital letters (upper case) because in computer language, it is impolite and for us volunteer teachers it is much more difficult to read. Therefore most of us won't even attempt to read it. Sra
Saturday, February 6, 2010 at 8:36am by SraJMcGin

Accounting
In 20X0, ABC company purchased machine for $300,000 that had a useful life of 5 years, with a salvage value of $50,000 at the end its life. Depreciation was calculated over 2 years on straight-line basis. In 20X2, it determined that the total life should be 10 years with the ...
Friday, November 9, 2012 at 11:53am by Angie

accounting
1-On May 1, 2012, Pinkley Company sells office furniture for $150,000 cash. The office furniture originally cost $375,000 when purchased on January 1, 2005. Depreciation is recorded by the straight-line method over 10 years with a salvage value of $37,500. What depreciation ...
Monday, February 25, 2013 at 12:26pm by miley

Accounting
A truck was purchased for $25,000. It has a six-year life and a $4,000 salvage value. Using straight-line depreciation, what is the asset’s carrying value (book value) after 2 years?
Sunday, May 5, 2013 at 10:02am by Harriett

Business Math
(DEPRECIATION SCHEDULE E) E.Office furniture for a set of executive suites costs $12,000.00 and should be replaced after 5-years. The salvage value is $3,000. Prepare a depreciation schedule using a double-declining balance rate for the system. It should include the following...
Saturday, October 6, 2007 at 1:18pm by NelsonJ

Straight-line Depreciation
For the first 5 years, annual depreciation = (150,000 - 30,000)/10 = 12,000 / year total depreciation after first 5 years = 60,000 Residual value = 150,000 - 60,000 = 90,000 New salvage value after the 5th year = 24,000 New annual depreciation as of the sixth year =(90,000-24,...
Thursday, December 3, 2009 at 12:26pm by MathMate

Accounting
Identify each statement as true or false. If false, indicate how to correct the statement. 1. Depreciation is a process of asset valuation, not cost allocation. 2. Depreciation provides for the proper matching of expenses with revenues. 3. The book value of a plant asset ...
Monday, April 2, 2012 at 10:30pm by Casey

accounting
On January 1, 2004, Carnival Shipping bought a machine for $1,500,000. At that time, this machine had an estimated useful life of six years, with no salvage value. As a result of additional information, Carnival determined on January 1, 2007, that the machine had an estimated ...
Tuesday, April 28, 2009 at 10:27pm by sasha

Tax Accounting
Mike purchases a heavy-duty truck (5-year class recovery property) for his delivery service on April 30, 2010. The truck is not considered a passenger automobile for purposes of the listed property and luxury automobile limitations. The truck has a depreciable basis of $39,080...
Saturday, June 1, 2013 at 10:41pm by Anonymous

Financial Accounting
Hi, Sorry for this format, it's kind of hard to read, but I'm supposed to journalize these transactions and I can't get June 30th and Dec. 31st to work out correctly. I would greatly appreciate any help. Thanks! Jan. 1 Retired a piece of machinery that was purchased on January...
Monday, November 5, 2007 at 11:35am by Jen

Intermediate Accounting
Gerald Engle hart Industries changed room the double-declining balance to the straight-line method in 2008 on all its plant assets. There was no change in the assets' salvage values or useful lives. Plant assets, acquired on January 2, 2005, had an original cost of $1,600,000...
Sunday, February 7, 2010 at 5:42pm by Jeniffer

federal tax
Carl bought a heavy-duty truck (5-year class recovery property) for his business service on April 30. The truck is not considered a passenger automobile for purposes of the listed property and luxury automobile limitations. The truck has a depreciable basis of $39,080 and an ...
Monday, March 1, 2010 at 12:40pm by bree

accounting
(cost - salvage)/life = annual depreciation (1000 = 50)/5 = 190 Book value - # years depreciated x annual depreciation = book value 1000 - 2(190) = 620
Monday, November 22, 2010 at 7:26pm by Brooke

Algebra
A light truck is purchased on January 1 at a cost of $19,000. It is expected to serve for five years and have a salvage value of $1,000. Calculate the depreciation expense for the first and third years of the truck's life using the following methods: Depreciation Expense Year ...
Friday, August 16, 2013 at 6:03pm by Trish

Math
An asset is purchased for$50,000.It has an estimated useful life of 12 years and a salvage value of $5,000. What is the annual depreciation of the asset using the straight-line method?
Tuesday, July 7, 2009 at 12:28am by Kara

accounting
A light truck is purchased on January 1 at a cost of $27,000. It is expected to serve for eight years and have a salvage value of $3,000. Calculate the depreciation expense for the first and third years of the truck's life using the following methods. If required, round your ...
Friday, February 28, 2014 at 12:20pm by amber

BBC News
France economy: Flea market traders 'pessimistic' By Christian Fraser BBC News, Le Puces
Saturday, April 28, 2012 at 7:17pm by Karlie Kloss: I&am

Business Math
(DEPRECIATION SCHEDULE A) A. A $1200 postage printing system depreciated using the straight-line method over 4-years. In your depreciation schedule, give the following information for each year: 1.The year's depreciation 2.The accumulated depreciation 3.The year's end-of-book...
Saturday, October 6, 2007 at 1:05pm by NelsonJ

Straight-line Depreciation
A company purchased a truck for $50,000 on July 1, 2009. The truck has an estimated useful life of 5 years and will have no salvage value. It is estimated that the truck can be driven for 150,000 miles. The truck was driven for 18,000 miles during 2009. If the goal is to ...
Thursday, December 3, 2009 at 12:26pm by Anonymous

Business Math
$1200/4= $300 The item depreciates $300 per year, leaving an end-of-book value of $0 since there is no scrap or salvage value. The accumulated value is $300 added each year. For example, $300 depreciation the first year, making the end-of-year book value for the first year $...
Saturday, October 6, 2007 at 1:05pm by Anonymous

accounting
James, Inc. discovered that equipment purchased three years ago for $600,000 will not last as long as originally estimated. The firm was depreciating the equipment at the rate of $80,000 per year with an estimated salvage value of $40,000. New estimates indicate that the ...
Sunday, June 3, 2012 at 2:59pm by T Smith

accounting-depreciation
state-of-the-art MRI machine to be purchased on 01-01-09 for a cost of $1,250,000 with a useful life of 6 years and an expected salvage value of $35,000. I need to calculate depreciation for the entire 6 year period using SL, SYD, DDB, and MARCS. For SL and SYD, calculate and ...
Thursday, October 9, 2008 at 9:11pm by idk

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Friday, August 3, 2007 at 9:31pm by Karlie Kloss: I&am

Finance
Calculate the double-declining balance depreciation schedule for a $2,000 item that will last five years. What is the estimated salvage value?
Friday, August 3, 2012 at 2:27pm by Heike

Accounting Concepts
To close the accounting cycle for Joe Smith's business, complete the following: Journalize and post the adjusting entries for Joe's business. Make the following adjusting entries: (Note: you may need to create additional ledger accounts) Adjustment for expired insurance ...
Saturday, August 8, 2009 at 8:59pm by Brenda

financial accounting
eckman company purchased equipment for $80,000 on january 1,2011 and will use the double declining balance method of depreciation. it is estimated that the equipment will have a 5 year life and a $4,000 salvage value at the end of its useful life. the amount of depreciation ...
Monday, November 19, 2012 at 2:01am by daniel

Math
Take 150% of the straight-line depreciation value each year. The straight-line depreciation for the first year would be (1/3)(30,000 - 1200) = 9600, and 150% of that is 14,400. That makes the book value after one year $15,600. Then use the same method for the second year.
Thursday, July 9, 2009 at 11:03pm by drwls

Business Math
Jim Company bought a machine for $36,000with an estimated lofe of 5 years. The residual value of the machine is $6,000 Calculate (a) the annual depreciation and (b) the book value at the end of year 3. Assume straight-line depreciation
Thursday, December 20, 2012 at 6:40pm by Jean

Geometry
If ST = y + 2, RT = 5y – 10 and RS = 2y, then find the value of y and all three lengths. If RS = 4x, Line RS approximately equal to line ST and RT = 24, then find the value of x.
Friday, November 15, 2013 at 8:03am by Patricia

Finance
What's the net present value (NPV) of this replacement project? The old equipment has a book value of $200,000 (year 0) and a current salvage value of $300,000 (year 0). It is being depreciated on a straight-line basis. It has four more years of depreciation left ($50,000 in ...
Sunday, April 11, 2010 at 11:14pm by Herb

Business
What is the net present value (NPV) of this replacement project? The old equipment has a book value of $200,000 (year 0) and a current salvage value of $300,000 (year 0). It is being depreciated on a straight-line basis. It has four more years of depreciation left ($50,000 in ...
Sunday, April 11, 2010 at 11:16pm by Herb

Accounting
Sierra Company is considering a long-term investment project called ZIP. ZIP will require an investment of $121,200. It will have a useful life of 4 years and no salvage value. Annual revenues would increase by $79,180, and annual expenses (excluding depreciation) would ...
Sunday, July 15, 2012 at 6:33pm by Francesca

finance
Wheel Industries is considering a three-year expansion project. The project requires an initial investment of $1.5 million. The project will use straight-line depreciation method. The project has no salvage value. It is estimated that the project will generate additional ...
Thursday, April 5, 2012 at 10:39pm by Anonymous

Math
An asset is purchased for $50,000. It has an estimated useful life of eight years and salvage value of $6,000.if the asset is depreciated using the double-declining balance method,what are the depreciation expense and book value at the end of year two?
Thursday, July 9, 2009 at 12:34am by Kara

Math
The depreciation method to be used is explained here: http://beginnersinvest.about.com/cs/investinglessons/l/bldbldeclinebal.htm Using straight-line depreciation, the depreciation percentage each year would be 1/8 or 12.5%. With the double-declining-balance method (ddbm), it ...
Thursday, July 9, 2009 at 12:34am by drwls

Math
A delivery truck is purchased for $38,000 has a salvage value of $6,000 and is depreciated using MACRS.what is the first-year depreciation expense?
Thursday, July 9, 2009 at 11:22pm by sally

Finance
Michigan Corporation purchased a new truck on January 1, 2013 for $55,000 cash. Michigan estimated salvage value of $10,000 at the end of the useful life of 5 years. On January 1, 2015 Michigan had to replace the engine of the truck paying $4,500 cash. Due to the replaced ...
Tuesday, December 11, 2012 at 11:59am by Renee

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Thursday, May 17, 2012 at 12:28pm by Karlie Kloss: I&am

math 213
This is not straight line depreciation but a constant percentage depreciation per month. let value after a month be d times value the month before. (like 0.97 or something) Then value after n months = original value * d^n for example if I buy a $500 appliance and d = .97 per ...
Monday, April 19, 2010 at 6:29pm by Damon

math
Draw a horizontal line from Q to the flagpole. Label the intersection S. The height of the pole is thus 20+ST since SQ/ST = cot25 SQ/(ST+20) = cot65 equate and solve for ST Now you can get SQ PT^2 = SQ^2 + (ST+20)^2 QT^2 = SQ^2 + ST^2
Sunday, March 3, 2013 at 1:55pm by Steve

accounting
Quayle Company acquired machinery on January 1, 2002 which it depreciated under the straight-line method with an estimated life of fifteen years and no salvage value. On January 1, 2007, Quayle estimated that the remaining life of this machinery was six years with no salvage ...
Saturday, April 25, 2009 at 6:04pm by Joseycat

Nicholls State has many jobs for full-time student
Nicholls State has many jobs for full-time students Caleb Guidry<br>Correspondent<br> Published: Tu
Wednesday, April 10, 2013 at 8:36am by Karlie Kloss: I&amp;amp;amp;amp;amp;amp;amp;am

finance
how do we end up with salvage value if the item is depreciated the cost of the item either over a period of years or all in one year? How does salvage value work?
Friday, June 15, 2012 at 9:48pm by jackie

Math
The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,500 have a useful life of four years. Find the depreciation expense for the first year using the 150% declining balance method.
Tuesday, November 10, 2009 at 9:08am by Jason

Math
The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,500 have a useful life of four years. Find the depreciation expense for the first year using the 150% declining balance method.
Tuesday, November 10, 2009 at 8:16pm by Mindy

Math
The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,500 have a useful life of four years. Find the depreciation expense for the first year using the 150% declining balance method
Tuesday, November 10, 2009 at 8:16pm by Anonymous

ashworth
The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,500 have a useful life of four years. Find the depreciation expense for the first year using the 150% declining balance method.
Friday, August 3, 2012 at 12:31pm by kate

accounting
Kathy Company purchased and installed a machine on January 1, 2006 at a total cost of $72,000. Straight-line depreciation was calculated based on the assumption of a five-year life, and no salvage value. The machine was disposed of on July 1, 2009. Prepare the general journal ...
Tuesday, August 2, 2011 at 4:01pm by ELNUTT

Finance
Wheel Industries is considering a three year expansion project. The project requires an initial investment of $1.5 million. The project will use straight line depreciation method. The project has no salvage value. It is estimated that the project will generate additional ...
Thursday, April 22, 2010 at 8:08am by Shelly

accounting
jim reed manages a fleet of utility trucks for a rural county government. He's been in his job 30 years, and he knows where the angles are. He makes sure that when new trucks are purchased, the salvage is set as low as possible. Then, when they become fully depreciated they ...
Friday, November 25, 2011 at 1:26pm by kim

accounts
Stuck Stucky purchased a new truck on July 1, 2005 at a cost of $20,000. The truck had a life of 7 years and salvage of $6,000.00. Using the straight-line method, record the following:- 1. The purchase on July 1, 2005 2. The Depreciation for 2005 3. What is the book value of ...
Tuesday, November 25, 2008 at 3:16pm by jimmy

College Algebra
You do not show the depreciation curve nor do you describe the initial price and later value at any time. You only describe the axis labels. You also mislabel the X axis as both horizontal and vertical. Are we supposed to assume a straight-line depreciation model? This is ...
Saturday, December 31, 2011 at 6:31pm by drwls

Macroeconomics
y912f's formula is certainly one form of depreciation. The formula is really a simple decay function, where, starting at value P, the value of something goes down by R% per time period. There are many ways to calculate "depreciation" depending on the context and purpose. In ...
Friday, January 30, 2009 at 11:24am by economyst

ACCOUNTING
Same Day Service purchased a new steam press on January 1, for #35,000. It is expected to have a five year useful life and a $3,000 salvage value same day expects to use the steam press more extensively in the early years of its life. 1.Calculate the depreciation expense for ...
Saturday, August 22, 2009 at 2:59pm by yorkie16

math
My answer assumes depreciation per year is based on current depreciated value. If instead it is "straight line" or a constant amount per year then .055 * original value = amount per year .055 n = .54 n = 9.82 You problem does not specify which type of depreciation is intended.
Thursday, December 29, 2011 at 7:36pm by Damon

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

Math
THE TAO INC PRUCHASED AN ASSET FOR $170,,000 WITH A SALVAGE VALUE OF $8,500 HAVE A USEFUL FIFE OF FOUR YEARS. FIND THE DEPRECIATION EXPENSE FOR THE FIRST YEAR YEAR USING THE 150% DECLINING BALANCE METHOD.
Monday, November 9, 2009 at 1:23pm by JIM CHARLES

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Saturday, April 28, 2012 at 7:17pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Saturday, May 12, 2012 at 7:20pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Wednesday, August 22, 2012 at 7:19pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Saturday, September 1, 2012 at 12:13pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Wednesday, October 17, 2012 at 3:19am by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Thursday, October 18, 2012 at 11:23am by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Thursday, October 18, 2012 at 1:26pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Thursday, May 17, 2012 at 9:51pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Wednesday, August 22, 2012 at 7:19pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Thursday, October 4, 2012 at 7:05pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Monday, October 8, 2012 at 6:49pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Tuesday, October 30, 2012 at 6:30pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Friday, November 2, 2012 at 1:49am by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Monday, December 3, 2012 at 6:31pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Monday, December 3, 2012 at 6:31pm by Am I the only one who doesn&amp;amp;amp;amp;am

Am I the only one who doesn't want a White Dress?
As above.<br><br> We're most likely getting married outside, and around late morning. Even though i
Monday, December 3, 2012 at 6:31pm by Am I the only one who doesn&amp;amp;amp;amp;am

finance
Consider a 2 yr project with initial fixed asset investment=$495,000, straight line depreciation to zero over the 2 yr life, zero salvage value, selling price =$39, variable costs=$20. fixed costs=$210,000, quantity sold=150,000 units, tax rate=31%. How sensitive is (OCF) to ...
Sunday, August 17, 2008 at 9:15pm by Tuty

math
find the value of the variable and ST if S is between R and T. 1.RS=7a, ST=12a,RS=28 2. RS=12,ST=2x,RT=34 3. RS=2x,ST=3x,RT=25 4. RS=16,ST=2x,RT=5x+10 5. RS=3y+1,ST=2y,RT=21 6. RS=4y-1,ST=2y-1,RT=5y
Sunday, September 30, 2007 at 1:14am by kaniz

business math
A delivery truck is purchased for $38,000, has a salvage value of $6,000 and is depreciated using MACRS. What is the first-year depreciation expense? (Points: 5) $4,578.80 $5,430.20 $7,600.00 $15,200.00
Wednesday, February 8, 2012 at 4:54pm by T.

Finance
. Depreciation = Cost of the asset – salvage value Life of the asset = 1,500,000/ 3 = 500,000 Calculation of cash flows: Revenue – 1,200,000 Less Cost – 600,000 Less Depreciation – 500,000 Profit - 100,000 Less taxes (35%) 35,000 Profit after taxes 65,000 Add depreciation 500,...
Thursday, April 22, 2010 at 8:08am by Gin

Algebra
The value of many things we own depreciates over time. When an asset's value decreases by a fixed amount each year, the depreciation is called straight-line depreciation. Suppose your Ford Escape from Exercise 1 depreciates $1950 per year. a.Let v represent the value of your ...
Saturday, March 10, 2012 at 3:21pm by kim

accounting
Computer equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $3,000 and an estimated useful life of 5 years. Determine the 2nd year’s depreciation using straight-line depreciation
Monday, March 16, 2009 at 11:26pm by angel

Accounting
I am trying to figure out if I am doing this accounting problem correctly? Old van was purchased 5 years ago at 20,000. estimated life was 5years with salvage value of 5,000. van has to have repairs enging and tranny for 4000 and will extend life of van by 5years. new tires ...
Thursday, April 22, 2010 at 9:12pm by smeffy

Math
Lena Horn bought a Toyota Tundra for $30,000 with an estimated life of 5 years. The residual value of the truck is $5,000. Assume a straight line method of depreciation (a) what will be the book value of the truck at the end of year 4 (b) If the chevy truck was bought the ...
Thursday, November 17, 2011 at 1:27pm by Anonymous

business
In recent years, Juresic Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Bus Acquired Cost Salvage Value Useful Life ...
Saturday, November 6, 2010 at 2:14am by vivian

math
In recent years, Juresic Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected. Bus Acquired Cost Salvage Value Useful Life ...
Saturday, November 6, 2010 at 2:14am by vivian

Pre-Calculus
A machine worth $ 11000 new and having a scrap value of $ 10995.6 is to be depreciated over a 4.4 -year life. Find the function that describes straight line depreciation for this situation. At what time will the machine be worth $ 10997.8 according to this model? So I know ...
Saturday, September 28, 2013 at 2:48pm by Ann

math
Lena Horn bought a Toyota Tundra for $30,000 with an estimated life of 5 years. The residual value of the truck is $5,000. Assume a straight line method of depreciation (a) what will be the book value of the truck at the end of year 4 (b) If tyhe chevy truck was bought the ...
Monday, November 14, 2011 at 7:12pm by Anonymous

Accounting
On January 1, 2006, Mythical purchased some office equipment, paying $24,000. It is anticipated that the equipment will last 4 years and have a zero salvage value at the end of the four years. 1) Make the adjusting entry for depreciation at the end of year two using the ...
Friday, July 28, 2006 at 1:29am by Laura

accounting
How depreciation and amortization affect the income statement and the profitability of the company as well as its affect on the income taxes a company pays. Also the advantages of an accelerated method of depreciation and how that affects net income, the balance sheet,AS WELL ...
Wednesday, September 24, 2008 at 5:09pm by cathy h

Accounting
How would I record this on the "Journal Entry" and at what amount? Information for Year-End Adjusting Journal Entries December 31,2006 1. $71,400 of office equipment was purchased on Jan. 1, 2004. The office equipment is expected to have a useful life of 7 years with no ...
Wednesday, October 10, 2007 at 12:27am by Maly

Our Favorite Dudool's Bridal Wedding Gowns
<strong>Bridal Wedding Dresses: Weddings Picks </strong></br> We love couture gowns and high-end de
Wednesday, August 22, 2012 at 7:19pm by Our Favorite Dudool&amp;amp;amp;amp;amp;amp;#3

Our Favorite Dudool's Bridal Wedding Gowns
<strong>Bridal Wedding Dresses: Weddings Picks </strong></br> We love couture gowns and high-end de
Friday, March 15, 2013 at 11:11pm by Our Favorite Dudool&amp;amp;amp;amp;amp;amp;am

Our Favorite Dudool's Bridal Wedding Gowns
<strong>Bridal Wedding Dresses: Weddings Picks </strong></br> We love couture gowns and high-end de
Sunday, April 28, 2013 at 6:33pm by Our Favorite Dudool&amp;amp;amp;amp;amp;amp;am

Our Favorite Dudool's Bridal Wedding Gowns
<strong>Bridal Wedding Dresses: Weddings Picks </strong></br> We love couture gowns and high-end de
Monday, May 6, 2013 at 7:17am by Our Favorite Dudool&amp;amp;amp;amp;amp;amp;am

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