Business, 23.03.2020 19:55, clairajogriggsk
Career Services, Incorporated sold some office equipment for $52,000 on December 31, 2021. The journal entry to record the sale would include a gain or a loss of how much if the original cost of the equipment was $80,000 with a residual value of $5,000 and a useful life of 10 years
Assume the machine was purchased onJanuary 1,2009 and depreciated using the straight-line method.
A. Gain of $2,000.
B. Loss of $9,500
C. Gain of $9,500
D. Loss of $2,000
Answers: 3
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Based on what you learned about time management which of these statements are true
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Business, 22.06.2019 17:40, rave35
Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)
Answers: 3
Career Services, Incorporated sold some office equipment for $52,000 on December 31, 2021. The journ...
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