On december 31, strike company has decided to sell one of its batting cages. the initial cost of the equipment was $310,000 with an accumulated depreciation of $260,000 depreciation has been taken up to the end of the year. the company found a company that is willing to buy the equipment for $55,000. what is the amount of the gain or loss on this transaction? a. gain of $55,000 b gain of $5,000 c. no gain or loss d. cannot be determined
Answers: 3
Business, 22.06.2019 08:30
Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors
Answers: 2
Business, 22.06.2019 15:10
Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4
Answers: 2
Business, 22.06.2019 17:40
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
On december 31, strike company has decided to sell one of its batting cages. the initial cost of the...
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