On January 1, 2018, Jordan, Inc. acquired a machine for $ 1 comma 010 comma 000 . The estimated useful life of the asset is five years. Residual value at the end of five years is estimated to be $ 52 comma 000 . Calculate the depreciation expense per year using the straightminus line method.

Kiona co. set up a petty cash fund for payments of small amounts. the following transactions involving the petty cash fund occurred in may (the last month of the company's fiscal year). may 1 prepared a company check for $350 to establish the petty cash fund. 15 prepared a company check to replenish the fund for the following expenditures made since may 1. a. paid $109.20 for janitorial services. b. paid $89.15 for miscellaneous expenses. c. paid postage expenses of $60.90. d. paid $80.01 to the county gazette (the local newspaper) for an advertisement. e. counted $26.84 remaining in the petty cashbox. 16 prepared a company check for $200 to increase the fund to $550. 31 the petty cashier reports that $380.27 cash remains in the fund. a company check is drawn to replenish the fund for the following expenditures made since may 15. f. paid postage expenses of $59.10. g. reimbursed the office manager for business mileage, $47.05. h. paid $48.58 to deliver merchandise to a customer, terms fob destination. 31 the company decides that the may 16 increase in the fund was too large. it reduces the fund by $50, leaving a total of $500.

After testing its water, a city water department issues a report to the related citizens, noting what chemicals have been identified, their doses, and the estimated risks of exposure at these levels. this report represents a type of

As a private limited firm dealing with garment manufacturing, you have little cash in hand but considerable business potential. you suddenly get an order to deliver 1,000 shirts at a price of $50 each. you have the entire infrastructure in place, but need $15,000 to procure the fabric and accessories for shirts. how will you raise money to serve this order? how will the answer differ if the business is a sole proprietorship?