Wickland company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $87,000. the machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. during its second year, the machine produces 84,500 units of product. what journal entry would be needed to record the machines' second year depreciation under the units-of-production method?

debit depletion expense $16,000; credit accumulated depletion $16,000.

debit depletion expense $16,900; credit accumulated depletion $16,900.

debit depreciation expense $16,900; credit accumulated depreciation $16,900.

debit amortization expense $16,900; credit accumulated amortization $16,900.

debit depreciation expense $16,000; credit accumulated depreciation $16,000.

What is the purpose of taking a personality inventory assessment? a. to find out what personality traits you should acquire for a successful career b. to identify your personality traits and relate them to a suitable career c. to compare your personality traits with those of successful people in different careers d. to identify aspects of your personality that you can improve with the of a counselor

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)

Explain how can you avoid conflict by adjusting