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ki77a [65]
1 year ago
13

Equipment that cost $54,000 and had $30,000 of accumulated depreciation was disposed of for $27,000 cash. The entry to record th

is event would include a?
Business
1 answer:
tiny-mole [99]1 year ago
6 0

Accumulated depreciation changed into disposed of for $27,000 cash. The access to file this event could include a gain of $3,000

Gross e-book fee=$54,000.00

Acc Deprecition=($30,000.00)

net e-book fee as on date of sale=$24,000.00

Sale Proceeds=$27,000.00

advantage =$3,000.00

Amassed depreciation is the sum of all recorded depreciation on an asset to a specific date. accumulated depreciation is supplied at the stability sheet just beneath the associated capital asset line. The wearing price of an asset is its ancient value minus collected depreciation.

As an example, if an organization purchased a bit of printing gadget for $ hundred,000 and the collected depreciation is $35,000, then the internet ebook price of the printing device is $65,000. $one hundred,000 - $35,000 = $65,000. gathered depreciation can't exceed an asset's price.

Learn more about Accumulated depreciation here: brainly.com/question/15610334

#SPJ4

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Which of the following types of accounts do NOT require an adjusting entry?
trasher [3.6K]
I think it is d. none are correct
6 0
3 years ago
You sell hockey goals for $200 each. weekly sales are 60 units. you estimate that for every $10 you increase the price, sales dr
wariber [46]
If for every $10 increase sales drop by 3 units when you increase to $300 you will lose 30 units. 

($10)(10) = 100
(10)(3) = 30

60 units - 30 units = 30 units. 
($300)(30) = $9,000 is your weekly revenue at a price of $300 per unit.
4 0
3 years ago
Golden Enterprises started the year with the following: Assets $111,000; Liabilities $39,000; Common Stock $69,000; Retained Ear
lara31 [8.8K]

Answer:

$115,000

Explanation:

Ending assets= assets at the start of the year + revenue - dividend

Asset at the start of the year= $111,000

Revenue= $5,900

Dividend= $1,900

Therefore the amount of Golden assets at the end of the year can be calculated as follows

= $111,000 + $5,900-$1,900

= $116,900-$1,900

= $115,000

Hence the amount of Golden assets at the end of the year is $115,000

7 0
3 years ago
The eight wastes of traditional operations include all of the following except Question content area bottom Part 1 A. defects. B
dsp73

The answer is utilizing people to their full potential.

Push-type systems are used in conventional industrial processes. They are predicated on the idea that it is preferable to predict and prepare for potential production requirements in the future. Traditional methods manufacture commodities ahead of time so that they are available when demand arises.

Eight wastes are:

1. Defects

2. Overproduction

3. Waiting

4. Not utilizing people to their full potential

5. Transportation

6. Inventory

7. Movement

8. Excess processing.

Therefore The eight wastes of traditional operations includes all of the following except "utilizing people to their full potential"

Hence option D utilizing people to their full potential is correct.

To know more about eight wastes click here:

brainly.com/question/13909059

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3 0
1 year ago
Corpus delicti evidence at the Willow Lane crime scene is _____.
Gnom [1K]
The best answer would be answer choice c. 

8 0
3 years ago
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