subject
Business, 17.10.2021 09:20 kellywelly82

Oki Company pays $264,000 for equipment expected to last four years and have a $29,000 salvage value. Prepare journal entries to record the following costs related to the equipment. 1. Paid $22,000 cash for a new component that increased the equipment’s productivity.
2. Paid $6,250 cash for minor repairs necessary to keep the equipment working well.
3. Paid $14,870 cash for significant repairs to increase the useful life of the equipment from four to seven years.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:40
Alocation analysis has been narrowed down to two locations, akron and boston. the main factors in the decision will be the supply of raw materials, which has a weight of .50, transportation cost, which has a weight of .40, and labor cost, which has a weight of .10. the scores for raw materials, transportation, and labor are for akron 60, 80, and 70, respectively; for boston 70, 50, and 90, respectively. given this information and a minimum acceptable composite score of 75, we can say that the manager should:
Answers: 3
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 04:10
An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
Answers: 3
question
Business, 22.06.2019 14:30
Taking commercial paper means the holder acts honestly
Answers: 1
You know the right answer?
Oki Company pays $264,000 for equipment expected to last four years and have a $29,000 salvage value...
Questions
question
Mathematics, 09.12.2020 02:20
question
Mathematics, 09.12.2020 02:20
question
History, 09.12.2020 02:20
Questions on the website: 13722360