(Just want to be sure I got it right)
What asset class life was used by Kansas City Region 7 on assets purchased from Magellanic Resources?
Did Kansas City Region 7 under or over report depreciation on assets purchased from Magellanic Resources?
The assets purchased from Magellanic Resources amounted to $1,097,148
Homework Answers
Answer is 7 years
Since for 1st year mid-year convention for 7 years is 14.29%
Since the company did not elect bonus depreciation, company reported under-depreciation
Add Answer to:
(Just want to be sure I got it right)
What asset class life was used by...
I want to make sure I did 1, 2, and 3 correctly. Thanks! Onslow Co. purchased...
I want to make sure I did 1, 2, and 3 correctly.
Thanks!
Onslow Co. purchased a used machine for $178,000 cash on January 2. On January 3, Onslow paid $2,840 to wire electricity to the machine and an additional $1,160 to secure it in place. The machine will be used for six years and have a $14,000 salvage value. Straight-line depreciation is used. On December 31, at the end of its fifth year in operations, it is disposed of....
I used easybib for my paper and got a response this is not in apa format....
I used easybib for my paper and got a response this is not in apa format. Can you tell me why? Introduction The purpose of this project is to conduct a community assessment and apply the nursing process to an identified priority community health problem in Lynn, Massachusetts. Lynn is located in Essex County. It borders Lynnfield, Nahant, Peabody, Revere, Salem, Swampscott, and Saugus, MA. Lynn, MA has a population of 92,074 people with a median age of 33 (McGillicuddy,...
Just want to double check my answers. and it its wrong, which one is the corrwcr...
Just want to double check my answers. and it its wrong, which
one is the corrwcr answer.
A) $147,368 B) 552.632 $200,000 D) $140,000 6) Which of the following items should be depreciated? Tangible property, plast, and equipment other than and B) Intangible property C) Land D) Natural resources 7) Which of the following accounting principles requires depreciation? A) The revenue recognition principle B. The matching principle C) The reliability principle D) The entity concept 8) Which of the following...
Did all the financial statements( pretty sure they are all correct) I just do not understand what I am suppose to do fo...
Did all the financial statements( pretty sure they are all
correct) I just do not understand what I am suppose to do for this
last picture. Please help. Don't know how to find the return on
equity or any of those questions on this last picture.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common...
I just completed the Journal Entries and according to the comment the next step is the...
I just completed the Journal Entries and according to the
comment the next step is the trial balance. Can you please help me
with this. journal Entries are attached. If there are any mistakes
in the General Journal please let me know.
Victoria Co. Balance Sheet As of December 31, 2019 Cash Notes Receivable Accounts Receivable Less: Allowance for Doubtful A/Cs Inventories Office Supplies Prepaid Insurance Prepaid Rent Total Current Assets Long-term Investments Investments in securities Land for future development...
Help on the answers making sure what I’ve done is right and helping with the ones...
Help on the answers making sure what I’ve done is right and
helping with the ones I don’t have.
Understanding Check ubital nerva 1. A surgen sutures a lacerated cubital nerve branch of the Coingres a 01s4022 c O1TYO2zz d oissozz 9. 10-PCS, the spiral ganglion is classified as part of the 2 In ICD-1 llay pontine, and superior are examples of names of 3 Cerebromedu a. Ganglia 10. h Meninges Cisterns d. Nerves ents: Resection of tumor of meninges...
What date was the 2017 annual report filed? December 31, 2016 January 31, 2018 February 22,...
What date was the 2017 annual report filed? December 31, 2016 January 31, 2018 February 22, 2018 December 31, 2017 Who is Columbia Sportswear Company’s auditor? KPMG Deloitte & Touche PricewaterhouseCoopers Ernst & Young Did Columbia Sportswear Company receive an “unqualified” opinion? No Yes Assets classified as Property, Plant and Equipment can be either acquired for use in operations, or acquired for resale. True False What is the December 31, 2017 balance (in thousands) of Land and Improvements for Columbia...
i just need help on #4. preparing income statement, retained earnings statement, and the balance sheet....
i
just need help on #4. preparing income statement, retained earnings
statement, and the balance sheet.
Accounting Cycle Project (Group) ACCT3303 Spring 2020 Assignments Required: 1) Making journal entries for each transaction in chronological order. 2) Posting to the general ledger and prepare trial balance before adjustment 3) Making adjusting entries and prepare adjusted trial balance. 4) Prepare Income Statement, Retained Earnings Statement, and Balance Sheet 5) Making closing entries 6) Put all your work on excel spreadsheet. Each group...
Hi, i just need the highlighted ones. Thank you! CHAPTER 1 Understanding Personal Finance 33 LET'S...
Hi, i just need the highlighted ones. Thank you!
CHAPTER 1 Understanding Personal Finance 33 LET'S TALK ABOUT IT 1. Economic Growth. What tpes of federal government Federal Reserve. Describe some economic circumstances that might persuade the Federal Reserve to lower short-term inter- ctfoets to help stimulate economic growth affect 2 The Business Cycle. Where is the United States in the economic cycle now, and where does it seem to be heading? List some indicators that suggest in which direction...
Hello, please make sure I journalized these transactions correctly. Then please help make a Trial Balance...
Hello, please make sure I journalized these transactions
correctly. Then please help make a Trial Balance Sheet and Income
Statement in good form. I listed the information below.
# Day 1 Description Issued $9,000 of common stock for $9,000 of cash. 1 2 1 Purchased used truck for $6,000, paying $3,000 in cash and the balance on account. 3 3 Purchased cleaning supplies for $900 on account. 4 5 Paid $1,200 cash on a 1-year insurance policy, effective July 1....
I want to make sure I did 1, 2, and 3 correctly.
Thanks!
Onslow Co. purchased a used machine for $178,000 cash on January 2. On January 3, Onslow paid $2,840 to wire electricity to the machine and an additional $1,160 to secure it in place. The machine will be used for six years and have a $14,000 salvage value. Straight-line depreciation is used. On December 31, at the end of its fifth year in operations, it is disposed of....
Just want to double check my answers. and it its wrong, which
one is the corrwcr answer.
A) $147,368 B) 552.632 $200,000 D) $140,000 6) Which of the following items should be depreciated? Tangible property, plast, and equipment other than and B) Intangible property C) Land D) Natural resources 7) Which of the following accounting principles requires depreciation? A) The revenue recognition principle B. The matching principle C) The reliability principle D) The entity concept 8) Which of the following...
Did all the financial statements( pretty sure they are all
correct) I just do not understand what I am suppose to do for this
last picture. Please help. Don't know how to find the return on
equity or any of those questions on this last picture.
On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Credit Debit $ 44,700 48,500 9,500 84,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common...
I just completed the Journal Entries and according to the
comment the next step is the trial balance. Can you please help me
with this. journal Entries are attached. If there are any mistakes
in the General Journal please let me know.
Victoria Co. Balance Sheet As of December 31, 2019 Cash Notes Receivable Accounts Receivable Less: Allowance for Doubtful A/Cs Inventories Office Supplies Prepaid Insurance Prepaid Rent Total Current Assets Long-term Investments Investments in securities Land for future development...
Help on the answers making sure what I’ve done is right and
helping with the ones I don’t have.
Understanding Check ubital nerva 1. A surgen sutures a lacerated cubital nerve branch of the Coingres a 01s4022 c O1TYO2zz d oissozz 9. 10-PCS, the spiral ganglion is classified as part of the 2 In ICD-1 llay pontine, and superior are examples of names of 3 Cerebromedu a. Ganglia 10. h Meninges Cisterns d. Nerves ents: Resection of tumor of meninges...
i
just need help on #4. preparing income statement, retained earnings
statement, and the balance sheet.
Accounting Cycle Project (Group) ACCT3303 Spring 2020 Assignments Required: 1) Making journal entries for each transaction in chronological order. 2) Posting to the general ledger and prepare trial balance before adjustment 3) Making adjusting entries and prepare adjusted trial balance. 4) Prepare Income Statement, Retained Earnings Statement, and Balance Sheet 5) Making closing entries 6) Put all your work on excel spreadsheet. Each group...
Hi, i just need the highlighted ones. Thank you!
CHAPTER 1 Understanding Personal Finance 33 LET'S TALK ABOUT IT 1. Economic Growth. What tpes of federal government Federal Reserve. Describe some economic circumstances that might persuade the Federal Reserve to lower short-term inter- ctfoets to help stimulate economic growth affect 2 The Business Cycle. Where is the United States in the economic cycle now, and where does it seem to be heading? List some indicators that suggest in which direction...
Hello, please make sure I journalized these transactions
correctly. Then please help make a Trial Balance Sheet and Income
Statement in good form. I listed the information below.
# Day 1 Description Issued $9,000 of common stock for $9,000 of cash. 1 2 1 Purchased used truck for $6,000, paying $3,000 in cash and the balance on account. 3 3 Purchased cleaning supplies for $900 on account. 4 5 Paid $1,200 cash on a 1-year insurance policy, effective July 1....
Most questions answered within 3 hours.
-
True or False
The following statements refer to The Web of Belief
10. An explanation of...
asked 45 seconds ago -
15)___________ A study was conducted to
test the effectiveness of aspirin on reducing
asked 8 minutes ago -
How fast must a centrifuge spin if a particle 8 cm from the axis
of rotation...
asked 9 minutes ago -
Which of the following is characteristic of a single exposure
common vehicle outbreak?
a. Wide range...
asked 11 minutes ago -
You are a member of an alpine rescue team and must get a box of
supplies,...
asked 14 minutes ago -
Where the conservation of biodiversity is concerned, can I be
assisted with these questions:
1. What...
asked 15 minutes ago -
A 79-Ω loudspeaker, a 8.0-Ω loudspeaker, and a 3.7-Ω loudspeaker
are connected in parallel across the...
asked 45 minutes ago -
If X has a normal distribution with mean µ =
12 and variance σ2 = 9,...
asked 54 minutes ago -
An example of an operational taxonomic unit
(OTU) is
a. Multiple sequence alignment.
b. Protein sequence....
asked 56 minutes ago -
Electrons flow through a 2.7-mm-diameter aluminum wire at
2.5×10−4 m/s .
How many electrons move through...
asked 55 minutes ago -
For a recent year, McDonald’s (MCD)
company-owned restaurants had the following sales and expenses (in
millions):...
asked 54 minutes ago -
In a sample of 15 men, the mean height was 171 cm. In a sample
of...
asked 56 minutes ago