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Feliz [49]
3 years ago
9

During the current year, Esty Company replaced the roof on its manufacturing facility with a better roof that also extended the

useful life of the facility. The cost of the new roof was $130,000. The old roof cost $92,000 and had accumulated depreciation of $60,000. The company received nothing for the old roof. Which of the following will be included in the journal entry to record the replacement of the roof?
a. Debit - Loss on Disposal $32,000
b. Credit - Building $32,000
c. Debit - Repair Expense $130,000
d. Debit - Building $38,000
Business
1 answer:
vodka [1.7K]3 years ago
5 0

Answer:

A

Explanation:

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Answer:

$300,000

Explanation:

Calculation for How much in sales does Vaughn need to break even per year

Using this formula

Sales needed to break even=Fixed cost/(1-Unit selling price Variable costs)

Let plug in the formula

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8 0
3 years ago
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Answer:

Option (b) is correct.

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Value of inventory to be reported:

= Amount of inventory as per physical verification + Cost of goods under consignment to Herschel Corporation

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BE Scoping strategy CC Horizontal scope D.A)Horizontal installation.

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