subject
Business, 02.07.2019 22:10 tnassan5715

Bakesale enterprises purchased equipment on may 1, 2018 for $6,300. the company expects to use the equipment for 5 years. it has no salvage value. what adjusting journal entry should the company make at the end of each month if monthly financials are prepared (annual depreciation is $1,260)? what is the book value of the equipment at may 31, 2018?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:40
Jansen company borrowed $12,000 on a 1-year, 5 percent note payable from the local bank on april 1. interest was paid quarterly, and the note was repaid one year from the time the money was borrowed. calculate the amount of cash payments jansen was required to make in each of the two calendar years that were affected by the note payable.
Answers: 2
question
Business, 21.06.2019 20:30
Resources that are valuable but not rare can be categorized asanswers: organizational weaknesses.distinctive competencies.organizational strengths.complementary resources and capabilities.
Answers: 1
question
Business, 22.06.2019 05:00
Personal financial planning is the process of creating and achieving financial goals? true or false
Answers: 1
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
You know the right answer?
Bakesale enterprises purchased equipment on may 1, 2018 for $6,300. the company expects to use the e...
Questions
question
Mathematics, 14.11.2019 20:31
Questions on the website: 13722362