A Learning Path activity that involves analyses of cases in a step-by-step manner to understand how the law affects business is Case Problem Analysis.
What is Case Problem Analysis.?
A case problem analysis can be regarded as a learning path that involves investigation of a business problem as well as the , examination of the alternative effective solution.
Therefore, Case Problem Analysis involves analyses of cases in a step-by-step manner to understand how the law affects business .
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Here are 3 ways you could use to dispose of your estate:
1. Sell it
You could sell it more than its original value or you could sell it under the original value if you really need the money.
2. Trade it
You could exchange your estate with bonds or loans
3. Write it off
You could do this by giving it to your family or friends through your will.
Answer:
$38,000 loss
Explanation:
For calculation of entry to record the sale of the tractor first we need to determine the total depreciation and net book value on Jan 1, 2018 which is shown below:-
Total depreciation = (Tractor cost - Salvage value) × (Hours in 2016 + Hours in 2017) ÷ Hours of operation
= ($180,000 - $20,000) × (2,400 + 2,100) ÷ 10,000
= $72,000
Net book value on January 1, 2018 = Tractor cost - Total depreciation
= $180,000 - $72,000
= $108,000
Loss on sale = Sold tractor amount - Net book value on January 1, 2018
= $70,000 - $108,000
= $38,000
Answer:
Accelerated depreciation method
Explanation:
Accelerated depreciation is a method of depreciation in which the assets lost his purchase price or book value at the speedy rate as compared with the straight-line method.
And it generates a larger amount of expenses during the early period and the smaller amount of expenses in the later year so that it can be decreased the taxable income
The answer is: " fractional t1 "
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