Equipment, beginning of year $ 340,000 equipment, end of year 420,000 accumulated depreciation, beginning of year 190,000 accumulated depreciation, end of year 184,000 equipment with a cost of $20,000 and a book value of $6,000 was sold during the year for cash of $18,000. additional equipment was purchased during the year for cash. what was the amount of cash paid for purchases of equipment during the year? a. $8,000
b. $22,000
c. $20,000
d. $14,000
Answers: 2
Another question on Business
Business, 22.06.2019 09:50
Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000
Answers: 1
Business, 22.06.2019 17:40
Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above
Answers: 3
Business, 22.06.2019 23:30
The upper-level managers of synergy technology are meeting for the week to look at the long-term company goals and overall direction of the organization. the ceo has expressed her concern over the economy and has told her managers to look closely at the environment outside the organization before making decisions and to be future oriented. in this meeting, top managers of synergy are
Answers: 2
You know the right answer?
Equipment, beginning of year $ 340,000 equipment, end of year 420,000 accumulated depreciation, begi...
Questions
Geography, 02.10.2019 12:30
Health, 02.10.2019 12:30
Mathematics, 02.10.2019 12:30
Biology, 02.10.2019 12:30
Physics, 02.10.2019 12:30
Mathematics, 02.10.2019 12:30
History, 02.10.2019 12:30
Mathematics, 02.10.2019 12:30
Mathematics, 02.10.2019 12:30
Spanish, 02.10.2019 12:30
