Business, 14.02.2020 23:10 bhopainting
When Foster Research, a private medical research company, purchased their spectrophotometer in 2005, they calculated a salvage value of $3,000 for the machine. However, now in 2017, the software that runs the spectrophotometer is obsolete, and the new salvage value is calculated at $500. How should this change be recorded
Answers: 2
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About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.
Answers: 1
Business, 22.06.2019 08:30
Blank is the internal operation that arranges information resources to support business performance and outcomes
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When Foster Research, a private medical research company, purchased their spectrophotometer in 2005,...
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