Monthly depreciation is calculated as follows:
65,000 (Cost) – 5,000 (Salvage Value) ÷ 60 (5 years X 12 months per year) = 1,000 in depreciation per month.
a) Accumulated depreciation from 1/1/12 to 1/1/15 is 36,000 (12 months for 2012, 2013, & 2014).
Assuming that sale was a Cash sale, the journal entry would look like this:
1/1/15
Cash (DR) 31,000
Accumulated Depreciation (DR) 36,000
Equipment (CR) 65,000
Gain on Sale of Equipment (CR) 2,000
b) Accumulated depreciation from 1/1/12 to 5/1/15 is 40,000 (12 months for 2012, 2013, 2014, & 4 months for 2015).
Assuming that sale was a Cash sale, the journal entry would look like this:
5/1/15
Cash (DR) 31,000
Accumulated Depreciation (DR) 40,000
Equipment (CR) 65,000
Gain on Sale of Equipment (CR) 6,000
c) Accumulated depreciation from 1/1/12 to 1/1/15 is 36,000 (12 months for 2012, 2013, & 2014).
Assuming that sale was a Cash sale, the journal entry would look like this:
1/1/15
Cash (DR) 11,000
Accumulated Depreciation (DR) 36,000
Loss on Sale of Equipment (DR) 18,000
Equipment (CR) 65,000
d) Accumulated depreciation from 1/1/12 to 10/1/15 is 45,000 (12 months for 2012, 2013, 2014, & 9 months for 2015).
Assuming that sale was a Cash sale, the journal entry would look like this:
10/1/15
Cash (DR) 11,000
Accumulated Depreciation (DR) 45,000
Loss on Sale of Equipment (DR) 9,000
Equipment (CR) 65,000
Not my answers, but I hope this will help you. :)
Answer: y=3x-8, y=5x-8, and y=2x-8
Step-by-step explanation:
These equations are all lines in slope-intercept form (y=mx+b where b is the y-intercept). y=3x-8, y=5x-8, and y=2x-8 all have -8 as the b value. Therefore, these equations have the same y-intercept.
Answer: i think (4n+1)^2(4n-1)^2 isnt a multiple of 8 for all integers of n because:
(4n + 1)²(4n - 1)²
= [(4n + 1)(4n - 1)]²
= (16n² - 1)²
= 16².n².n² - 2.16.n² + 1
= 8n²(32n² - 4) + 1
can see 8n²(32n² - 4) is a multiple of 8 but 1 isnt a multiple of 8
=> (4n + 1)²(4n - 1)² isnt a multiple of 8 for all integers of n.
Step-by-step explanation:
Hello there! A verb is a word that takes an action of doing something, so the answer would be Glanced.
Hope this helps you!
