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. :)
Solution
To find Which two numbers on the number line have sn
absolute value of 1.75 .
Absolute value means " how far a number is from
zero " .
"1.75" is 1.75 away from zero .
and " -1.75" is also 1.75 away from zero .
i.e
| 0 - 1.75 | = 1.75
| 1.75 - 0 | = 1.75
So , the absolute value of "1.75" is 1.75
similarly , absolute value of "1.75" is 1.75 .
Hence , the two numbers are -1.75 and 1.75 .
Answer: a. 1/6. b. 2/3. c. 5/6
Step-by-step explanation:
Number of adults randomly selected= 6
a. Finding the probability of adults that have cheated on an examination before is exactly 4.
The numbers are 1, 2, 3, 4, 5 and 6.
Probability of chosen exactly 4 will be 1/6 since 4 can only occur once.
b. More than 2means 3,4, 5 and 6.
Probability that the number of adults that have cheated on a test or exam is more than 2 will be:
4/6 = 2/3
c. At most 5 means 1,2,3,4 or 5
This will give 5/6
The mean is the average.
Total the numbers and divide by the quantity of numbers.
2 +2 + 3 + 3 +4 +4 +4 +5 +5 +5 +5 + 6 = 48
48 / 12 = 4
The answer is B.4
