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P9.6 (LO 3) Yount Towing has equipment that cost €50,000 and that has been depreciated €22,000....
can anyone help me to solve p9.6 P9.6 (L03) Yount Towing has equipment that cost €50,000...
can anyone help me to solve p9.6
P9.6 (L03) Yount Towing has equipment that cost €50,000 and that has been depreciated €22.000. Instructions Record the disposal under the following assumptions. a. It was scrapped as having no value. b. It was sold for €25,000. c. It was sold for €31,000.
can anyone help me to solve p9.6 P9.6 (L03) Yount Towing has equipment that cost €50,000...
can anyone help me to solve p9.6
P9.6 (L03) Yount Towing has equipment that cost €50,000 and that has been depreciated €22.000. Instructions Record the disposal under the following assumptions. a. It was scrapped as having no value. b. It was sold for €25,000. c. It was sold for €31,000.
Yount Winery is disposing of processing equipment that cost $50,000, which has been depreciated $22,000. Kecord...
Yount Winery is disposing of processing equipment that cost $50,000, which has been depreciated $22,000. Kecord the journal entries for disposal of the equipment under the following assumptions. It was scrapped as having no value. Accumulated Depr Equipment 50,000 22,000 Book Value = It was sold for $31,000 cash. 3 It was sold for $18,000 cash. It was exchanged for $10,000 cash (paid) and similar "new" equipment with a fair market value of $35,000. The "new" equipment has commercial value....
E9.9 (LO 3), AP Thieu Co. has delivery equipment that cost $50,000 and has been depreciated...
E9.9 (LO
3), AP Thieu Co. has delivery
equipment that cost $50,000 and has been depreciated $24,000.
Journalize transactions related to disposals of plant
assets.
Instructions
Record entries for the disposal under the following
assumptions.
a. It was scrapped as having no value.
b. It was sold for $37,000.
c. It was sold for $20,000.
E9.12 (LO
1,
2, 3),
AN Shown below are the T-accounts relating to equipment
that was purchased for cash by a company on the first...
P10-6B Nikhom's has equipment that cost $40,000 and that has been depreciated $26,000. Record the disposal...
P10-6B Nikhom's has equipment that cost $40,000 and that has been depreciated $26,000. Record the disposal under the following assumptions. (a) It was scrapped as having no value. (b) It was sold for $29,000. (c) It was sold for $10,000. P10-7B
Sarasota Co. has equipment that cost $75,700 and that has been depreciated $49,800. Record the disposal...
Sarasota Co. has equipment that cost $75,700 and that has been
depreciated $49,800.
Record the disposal under the following assumptions.
(a)
It was scrapped as having no value.
(b)
It was sold for $22,200.
(c)
It was sold for $27,200.
(Credit account titles are automatically indented
when amount is entered. Do not indent manually. If no entry is
required, select "No Entry" for the account titles and enter 0 for
the amounts.)
No.
Account Titles and Explanation
Debit
Credit
(a)...
Pharoah Company has delivery equipment that cost $47,800 and has been depreciated $25,000. Prepare a tabular...
Pharoah Company has delivery equipment that cost $47,800 and has been depreciated $25,000. Prepare a tabular summary to record the disposal under the following assumptions. Your answer is partially correct. It was scrapped as having no value. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parenthese of the amount entered for the particular Asset, Liability or Equity item that was reduced.) = Liabilities + Assets Common Stock: Cash Accum. Depr. -...
and has been depreciated $24,000 E9-7, Journalize transactions related to disposals of plant assets. Wang Co. has deliv...
and has been depreciated $24,000 E9-7, Journalize transactions related to disposals of plant assets. Wang Co. has delivery equipment that cost | $50,000 Instructions: Record entries for the disposal under the following assumptions. (a) It was scrapped as having no value. Account Title Account Title | Account Title Amount Amount Amount (b) It was sold for $37,000 Amount Amount Account Title Account Title Account Title Account Title Amount Amount (c) It was sold for $20,000 Account Title Account Title Account...
Tamarisk, Inc. has equipment that cost $79,900 and that has been depreciated $50,500 Record the disposal...
Tamarisk, Inc. has equipment that cost $79,900 and that has been depreciated $50,500 Record the disposal under the following assumptions. (a) It was scrapped as having no value. It was sold for $23,800. (b) It was sold for $32,100. (c) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Credit Debit No. Account Titles and Explanation (a)...
Blossom Company has delivery equipment that cost $47.500 and has been depreciated $23.800. Recor entries for...
Blossom Company has delivery equipment that cost $47.500 and has been depreciated $23.800. Recor entries for the disposal under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not inden many for the account titles and enter for the amounts.) is required lect"Neftry" (a) It was repped as having no value b) It was sold for $37,700. ld It was sold for $18,100. No. Account Titles and Explanation
can anyone help me to solve p9.6
P9.6 (L03) Yount Towing has equipment that cost €50,000 and that has been depreciated €22.000. Instructions Record the disposal under the following assumptions. a. It was scrapped as having no value. b. It was sold for €25,000. c. It was sold for €31,000.
can anyone help me to solve p9.6
P9.6 (L03) Yount Towing has equipment that cost €50,000 and that has been depreciated €22.000. Instructions Record the disposal under the following assumptions. a. It was scrapped as having no value. b. It was sold for €25,000. c. It was sold for €31,000.
Yount Winery is disposing of processing equipment that cost $50,000, which has been depreciated $22,000. Kecord the journal entries for disposal of the equipment under the following assumptions. It was scrapped as having no value. Accumulated Depr Equipment 50,000 22,000 Book Value = It was sold for $31,000 cash. 3 It was sold for $18,000 cash. It was exchanged for $10,000 cash (paid) and similar "new" equipment with a fair market value of $35,000. The "new" equipment has commercial value....
E9.9 (LO
3), AP Thieu Co. has delivery
equipment that cost $50,000 and has been depreciated $24,000.
Journalize transactions related to disposals of plant
assets.
Instructions
Record entries for the disposal under the following
assumptions.
a. It was scrapped as having no value.
b. It was sold for $37,000.
c. It was sold for $20,000.
E9.12 (LO
1,
2, 3),
AN Shown below are the T-accounts relating to equipment
that was purchased for cash by a company on the first...
P10-6B Nikhom's has equipment that cost $40,000 and that has been depreciated $26,000. Record the disposal under the following assumptions. (a) It was scrapped as having no value. (b) It was sold for $29,000. (c) It was sold for $10,000. P10-7B
Sarasota Co. has equipment that cost $75,700 and that has been
depreciated $49,800.
Record the disposal under the following assumptions.
(a)
It was scrapped as having no value.
(b)
It was sold for $22,200.
(c)
It was sold for $27,200.
(Credit account titles are automatically indented
when amount is entered. Do not indent manually. If no entry is
required, select "No Entry" for the account titles and enter 0 for
the amounts.)
No.
Account Titles and Explanation
Debit
Credit
(a)...
Pharoah Company has delivery equipment that cost $47,800 and has been depreciated $25,000. Prepare a tabular summary to record the disposal under the following assumptions. Your answer is partially correct. It was scrapped as having no value. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parenthese of the amount entered for the particular Asset, Liability or Equity item that was reduced.) = Liabilities + Assets Common Stock: Cash Accum. Depr. -...
and has been depreciated $24,000 E9-7, Journalize transactions related to disposals of plant assets. Wang Co. has delivery equipment that cost | $50,000 Instructions: Record entries for the disposal under the following assumptions. (a) It was scrapped as having no value. Account Title Account Title | Account Title Amount Amount Amount (b) It was sold for $37,000 Amount Amount Account Title Account Title Account Title Account Title Amount Amount (c) It was sold for $20,000 Account Title Account Title Account...
Tamarisk, Inc. has equipment that cost $79,900 and that has been depreciated $50,500 Record the disposal under the following assumptions. (a) It was scrapped as having no value. It was sold for $23,800. (b) It was sold for $32,100. (c) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Credit Debit No. Account Titles and Explanation (a)...
Blossom Company has delivery equipment that cost $47.500 and has been depreciated $23.800. Recor entries for the disposal under the following assumptions. (Credit account titles are automatically indented when amount is entered. Do not inden many for the account titles and enter for the amounts.) is required lect"Neftry" (a) It was repped as having no value b) It was sold for $37,700. ld It was sold for $18,100. No. Account Titles and Explanation
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