subject
Business, 26.03.2022 06:30 etheplug69

ABC purchased equipment that costs 120000 $.It had an estimated useful life of four years and no residual value . The equipment was depreciated by the straight line method and was sold at the end of the third year of use for $ 25000 cash. ABC should record:. i. a loss of $1000
ii. neither again nor a loss the computer was sold at its book value.
iii. neither again nor a loss the gain that occurred in this case would not be recognized
iv. Accountants prefer to report softer numbers rather than harder numbers
v. Accountants prefer to report harder numbers rather than softer numbers
vi. Accountants have no preference when it comes to reporting softer and harder numbers

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 02:00
Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f
Answers: 1
question
Business, 22.06.2019 03:10
Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today
Answers: 3
question
Business, 22.06.2019 05:50
Which is one solution to levy the complexity of the global matrix strategy with added customer-focused dimensions?
Answers: 3
question
Business, 22.06.2019 12:10
Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)
Answers: 1
You know the right answer?
ABC purchased equipment that costs 120000 $.It had an estimated useful life of four years and no res...
Questions
question
English, 01.12.2019 05:31
question
History, 01.12.2019 05:31
question
Mathematics, 01.12.2019 05:31
Questions on the website: 13722361