The amount of the gain or loss on disposal of the fixed asset is $2,000.
<h3>Gain or loss on disposal </h3>
First step
Book Value = Original Cost of Equipment - Accumulated Depreciation
Book Value = $30,000 -$28,500
Book value= $1,500
Second step
Gain=Sale Price -Book Value
Gain=$3,500-$1,500
Gain=$2,000
Inconclusion the amount of the gain or loss on disposal of the fixed asset is $2,000.
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Answer:
A. Is in violation of the bankruptcy code.
Answer:
$8,940
Explanation:
For computing the amount of the gain first we have to need to do the following calculations
a. Net short term gain or loss is shown in the attachment
b. Net long term gain or loss is shown in the attachment
c. Net capital gain arise from these transactions are as follows
= Short term capital gain or loss + Long term capital gain or loss
= -$240 + $9180
= $8,940
d.The whole net capital gain of $8,940 will be taxable at a preferential rate.
Fencer y attacks and records a valid touch while x gets knocked out of a pool match after receiving a yellow card for using non-conforming products. In the end, X is now down 4-2.
These are goods that don't follow product specifications. To stop them from being used or delivered inadvertently, they are identified and regulated. A written method must define the controls, together with the responsibilities and powers that go along with them, for handling non-conforming products.
Non-conforming products items include measuring instruments that are unable to complete their intended measurements.
A company should have a quality assurance manual that details the steps involved in recognizing non-conforming products, cataloging them, and separating them from conforming materials.
No Old Knob Will Do
non-conforming products can be defined as any good or component that is flawed, fake, or does not adhere to the specifications.
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