Harding corporation acquired real estate that contained land, building and equipment. the property cost harding $1,045,000. harding paid $210,000 and issued a note payable for the remainder of the cost. an appraisal of the property reported the following values: land, $222,000; building, $660,000 and equipment, $438,000. (round your intermediate percentages to the nearest whole number: i. e 0.054231 = 5%. do not round any other intermediate calculations.) assume that harding uses the units-of-production method when depreciating its equipment. harding estimates that the purchased equipment will produce 1,010,000 units over its 5-year useful life and has salvage value of $17,000. harding produced 266,000 units with the equipment by the end of the first year of purchase. which amount below is closest to the amount harding will record for depreciation expense for the equipment in the first year?
Answers: 2
Business, 21.06.2019 19:20
What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.
Answers: 2
Business, 22.06.2019 12:50
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
Business, 23.06.2019 08:00
Wyman corporation uses a process costing system. the company manufactured certain goods at a cost of $920 and sold them on credit to percy corporation for $1,315. the complete journal entry to be made by wyman at the time of this sale is:
Answers: 1
Business, 23.06.2019 21:00
Sarah, a self-employed blogger, has adjusted gross earnings of $45,162 this year. find the amount of social security and medicare taxes paid by sarah.
Answers: 2
Harding corporation acquired real estate that contained land, building and equipment. the property c...
Mathematics, 05.12.2019 21:31
English, 05.12.2019 21:31
Health, 05.12.2019 21:31
Biology, 05.12.2019 21:31
History, 05.12.2019 21:31
History, 05.12.2019 21:31