See below. Can you please assist with the last section?
See below. Can you please assist with the last section? Problem 10-05A a-c (Video) At December...
See below. Problem 10-05A a-c (Video) At December 31, 2020, Flint Company reported the following as plant assets. Land $ 3,770,000 Buildings $27,290,000 Less: Accumulated depreciation-buildings 12,170,000 15,120,000 Equipment 48,020,000 Less: Accumulated depreciation-equipment 4,550,000 43,470,000 Total plant assets 562,360,000 During 2021, the following selected cash transactions occurred. April 1 May 1 June 1 July 1 Dec. 31 Purchased land for $2,190,000. Sold equipment that cost $900,000 when purchased on January 1, 2017. The equipment was sold for $540,000. Sold land...
(To record sale of equipment) SHOW LIST OF ACCOUNTS Problem 10-05A a-c (Video) At December 31, 2020, Pronghorn Company reported the following as plant assets. LINK TO TEXT $ 4,320,000 LINK TO TEXT LINK TO TEXT 19,230,000 Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation, equipment Total plant assets $29,800,000 10,570,000 47,520,000 4,910,000 Prepare the plant assets section of Pronghorn's balance sheet at December 31, 2021. (List Plant Assets in order of Land, Buildings and Equipment.) 42,610,000 $66,160,000 Pronghorn...
PLEASE FILL IN MISSING ANSWERS. At December 31, 2020, Riverbed Company reported the following as plant assets. Land $ 4,180,000 Buildings $27,310,000 Less: Accumulated depreciation—buildings 12,890,000 14,420,000 Equipment 47,470,000 Less: Accumulated depreciation—equipment 4,530,000 42,940,000 Total plant assets $61,540,000 During 2021, the following selected cash transactions occurred. April 1 Purchased land for $2,060,000. May 1 Sold equipment that cost $1,050,000 when purchased on January 1, 2017. The equipment was sold for $630,000. June 1 Sold land purchased on June 1, 2011...
Can I have a little assistance, please! Much appreciated! Problem 9-2A At December 31, 2017, Swifty Corporation reported the following plant assets. 4,353,000 Land Buildings Less: Accumulated depreciation- buildings Equipment Less: Accumulated depreciation- equipment Total plant assets $26,720,000 17,303,175 9,416,825 58,040,000 7,255,000 50,785,000 $64,554,825 During 2018, the following selected cash transactions occurred. Apr. Purchased land for $3,192,200. May Sold equipment that cost $870,600 when purchased on January 1, 2011. The equipment was sold for $246,670 June Sold land for $2,321,600....
PLUS L U Weygandt, Accounting Principles, 13e Helu System Announcements SURCES ent Problem 10-05A a-c (Video) At December 31, 2020, Sarasota Company reported the following as plant assets. $3,610,000 Land Buildings Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation equipment Total plant assets 16,360,000 $28,180,000 11,820,000 48,740,000 4,780,000 16 43,960,000 $63,960,000 During 2021, the following selected cash transactions occurred. April 1 May 1 June 1 July 1 Dec. 31 Purchased land for $2,170,000. Sold equipment that cost $750,000 when purchased on...
& Your answer is partially correct. Prepare the plant assets section of Blue's balance sheet at December 31, 2023. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2023 transactions.) (List Plant Assets in order of Land, Building and Equipment.) BLUE CORPORATION Partial Balance Sheet December 31, 2023 Plant Assets land 4548000 Buildings 26520000 Less : Accumulated Depreciation-Buildings 663000 27183000 Equipment Less : Accumulated Depreciation-Equipment 5950300 59977000 Total Plant Assets 85094700 At December 31,...
At December 31, 2022, Blue Corporation reported the following plant assets. Land $4,548,000 Buildings $26,520,000 18,078,300 8,441,700 Less: Accumulated depreciation-buildings Equipment Less: Accumulated depreciation equipment Total plant assets 60,640,000 7,580,000 53,060,000 $66,049,700 During 2023, the following selected cash transactions occurred. Apr. 1 Purchased land for $3,335,200. May 1 Sold equipment that cost $909.600 when purchased on January 1, 2016. The equipment was sold for $257.720. June 1 Sold land for $2.425,600. The land cost $1.516,000. July 1 Purchased equipment for...
Question 3 View Policies Show Attempt History Current Attempt in Progress At December 31, 2022, Pronghorn Corporation reported the following plant assets. Land $3,498.000 Buildings 12,725,450 Less: Accumulated depreciation-buildings Equipment $26,630,000 13,904,550 46,640,000 5,830,000 Less: Accumulated depreciation-equipment 40,810,000 Total plant assets $57,033,450 During 2023, the following selected cash transactions occurred. Apr. 1 Purchased land for $2.565,200. May 1 Sold equipment that cost $699.600 when purchased on January 1, 2016. The equipment was sold for $198.220. June 1 Sold land for...
At December 31, 2022, Bramble Corporation reported the following plant assets. Land $4,278,000 Buildings $26,530,000 17,005,050 Less: Accumulated depreciation-buildings 9,524,950 Equipment Less: Accumulated depreciation equipment 57,040,000 7,130,000 49,910,000 $63,712,950 Total plant assets During 2023, the following selected cash transactions occurred. Apr. 1 Purchased land for $3,137,200. May 1 Sold equipment that cost $855,600 when purchased on January 1, 2016. The equipment was sold for $242,420. June 1 Sold land for $2,281,600. The land cost $1,426,000. July 1 Purchased equipment for...
Current Attempt in Progress At December 31, 2022, Marigold Corporation reported the following plant assets. Land $ 5,073,000 Buildings $26,580,000 Less: Accumulated depreciation-buildings 20,165,175 6,414,825 Equipment 67,640,000 Less: Accumulated depreciation equipment 8,455.000 59,185,000 Total plant assets $70,672,825 During 2023, the following selected cash transactions occurred. Apr. 1 Purchased land for $3,720,200. May 1 Sold equipment that cost $1,014,600 when purchased on January 1, 2016. The equipment was sold for $287,470. June 1 Sold land for $2,705,600. The land cost $1,691,000....