subject
Business, 15.11.2019 19:31 RyleyM

On january 1, 2020, the flounder company ledger shows equipment $68,000 and accumulated depreciation―equipment $10,000. the depreciation resulted from using the straight-line method with a useful life of 9 years and salvage value of $2,000. on this date, the company concludes that the equipment has a remaining useful life of only 5 years with the same salvage value.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:00
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
Answers: 1
question
Business, 22.06.2019 13:50
Which one of the following statements is true? ddt does not prevent disease from passing from agricultural animals to humans. cost was a major factor in the united states government's decision to ban ddt. many african governments concluded that the potential long-term health effects of ddt were not as serious as the immediate problem of insect control. ddt cannot accumulate in the fat of animals. the ddt ban in the united states has made it very difficult to control agricultural insect pests.
Answers: 3
question
Business, 22.06.2019 15:20
Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.
Answers: 1
question
Business, 22.06.2019 16:00
What is used by accountant to analyze transactions ?
Answers: 2
You know the right answer?
On january 1, 2020, the flounder company ledger shows equipment $68,000 and accumulated depreciation...
Questions
question
Mathematics, 24.05.2021 17:30
question
Mathematics, 24.05.2021 17:30
question
Advanced Placement (AP), 24.05.2021 17:30
question
Mathematics, 24.05.2021 17:30
Questions on the website: 13722363