subject
Business, 10.10.2019 00:00 romeroalexis817

On july 1, 2013, farm fresh industries purchased a specialized delivery truck for $126,000. at the time, farm fresh estimated the truck to have a useful life of eight years and a residual value of $30,000. on march 1, 2018, the truck was sold for $58,000. farm fresh uses the straight-line depreciation method for all of its plant and equipment. partial-year depreciation is calculated based on the number of months the asset is in service. required: prepare the journal entry to update depreciation in 2018. prepare the journal entry to record the sale of the truck. assuming that the truck was sold for $80,000, prepare the journal entry to record the sale

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:30
Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column
Answers: 1
question
Business, 21.06.2019 23:20
Which feature transfers a slide show into a word-processing document?
Answers: 2
question
Business, 22.06.2019 01:30
Can you post a video on of the question that you need on
Answers: 2
question
Business, 22.06.2019 12:50
Kendrick is leaving his current position at a company, and charlize is taking over. kendrick set up his powerpoint for easy access for himself. charlize needs to work in the program that is easy for her to use. charlize should reset advanced options
Answers: 3
You know the right answer?
On july 1, 2013, farm fresh industries purchased a specialized delivery truck for $126,000. at the t...
Questions
question
Computers and Technology, 19.11.2020 18:20
question
Mathematics, 19.11.2020 18:20
question
Mathematics, 19.11.2020 18:20
question
Mathematics, 19.11.2020 18:20
Questions on the website: 13722361