Business, 27.03.2020 03:25 VgCarlos2596
Abbott Landscaping purchased a tractor at a cost of $45,000 and sold it three years later for $21,000. Abbott recorded depreciation using the straight-line method, a five-year service life, and a $3,000 residual value. Tractors are included in the Equipment account.
Required:
a. Record the sale.
b. Assume the tractor was sold for $10,000 instead of S16,000. Record the sale.
Answers: 3
Business, 22.06.2019 14:20
Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?
Answers: 1
Business, 23.06.2019 02:30
How is the role of government determined in the american free enterprise system?
Answers: 2
Business, 23.06.2019 11:00
What are the factors that affects on the process of planning
Answers: 3
Abbott Landscaping purchased a tractor at a cost of $45,000 and sold it three years later for $21,00...
Mathematics, 12.06.2020 19:57
Social Studies, 12.06.2020 19:57
History, 12.06.2020 19:57
Mathematics, 12.06.2020 19:57
Social Studies, 12.06.2020 19:57
Physics, 12.06.2020 19:57