Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019. For t
1 answer:
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Answer:
$60
Explanation:
According to information on your question. We are to note that an absence or reduction of suppliers could lead to lower supply.
As in this case, the producer supply loss of $60 was incurred as some sellers dropped out of the market as a result of the tax.
Answer:
equipment value 21,100
depreciation per year under striaght-line method: $2,860
Explanation:
All incurred cost needed to leave the equipment ready for use must be capitalized:
We should incluide
cost 18,300 + 2,800 freight-in cost = 21,100
depreication per year: 2,860