Business
Business, 06.05.2020 08:36, sduihasoj1703

Vaughn Manufacturing purchased equipment for $15300 on December 1. It is estimated that annual depreciation on the computer will be $3060.
If financial statements are to be prepared on December 31, the company should make the following adjusting entry:

A) debit Depreciation Expense, $250, credit Accumulated Depreciation, $250.
B) debit Depreciation Expense, $3,060: credit Accumulated Depreciation, $3,060.
C) debit Equipment, $15,300: credit Accumulated Depreciation, $15,300.
D) debit Depreciation Expense, $12,240: ccredit Accumulated Depreciation, $12,240.
E) None of the above.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 22:50, chloespalding
Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?
Answers: 2
image
Business, 22.06.2019 03:30, skylar1315
Used cars usually have options: higher depreciation rate than new cars lower financing costs than new cars lower insurance premiums than new cars lower maintenance costs than new cars
Answers: 1
image
Business, 22.06.2019 06:10, jakeyywashere
Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) wacc %
Answers: 2
image
Business, 22.06.2019 12:00, elianagilbert3p3hh63
Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening. a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number. include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i. e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?
Answers: 1
Do you know the correct answer?
Vaughn Manufacturing purchased equipment for $15300 on December 1. It is estimated that annual depre...

Questions in other subjects:

Konu
Mathematics, 27.05.2021 23:20
Konu
History, 27.05.2021 23:20
Konu
Business, 27.05.2021 23:20
Konu
Mathematics, 27.05.2021 23:20