Besides starting the vehicle, what else can 2022 versa’s available remote engine start in do?

Mather Company purchased equipment on January 1, 2018 at a total invoice cost of $336,000; additional costs of $6,000 for freigh

Paha777 [63]

Answer:

The accumulated depreciation at 31 December 2019 is $144000

Explanation:

When recording the purchase of a fixed asset, the asset should be recognized at cost at which the asset is purchased plus all the necessary costs that are incurred to bring the asset to the location and in the condition necessary to use as required and intended by the management.

The equipment purchased by Mather should be recorded as,

Cost of equipment = 336000 + 6000 + 30000 = $372000

The freight and installation are non recurring and necessary expenses to bring the asset to the location and in the condition for use as intended by management. So, these expenses are capitalized.

The straight line depreciation charges a constant depreciation expense every year through out the useful life of the asset.

Straight line depreciation = (Cost - Salvage Value) / estimated useful life

Straight line depreciation per year = (372000 - 12000) / 5

Straight line depreciation per year = $72000

So, the accumulated depreciation at 31 December 2019 is,

Accumulated depreciation = 72000 + 72000 = $144000

7 0

3 years ago

Nash Company includes one coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitche

charle [14.2K]

Answer:

Date Account Title and Explanation Debit Credit

2020 Inventory of premium $7,480

Cash $7,480

(To record the purchase of 8,800 premium at $0.85 each)

Date Account Title and Explanation Debit Credit

2020 Cash $333,300

Sales revenue $333,300

(To record sale of 101,000 boxes at $3.30 each)

Date Account Title and Explanation Debit Credit

2020 Premium Expenses $3,570

(42,000 * 0.1 * 0.85)

Inventory of premiums $3,570

(To record premium redemption)

Date Account Title and Explanation Debit Credit

Year end Premium expenses $1,581

2020 Premium liability $1,581

Workings

Particulars Amount

Estimated redemption on number of boxes sold 60,600

= 101,000 * 60%

Less: Coupon already redeemed 42,000

Premium liability of coupons 18,600

Cost of premium liability = 18,600 * 10% * 0.85

Cost of premium liability = $1,581

4 0

4 years ago

Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instanc

scoray [572]

The service or tool that could be used for gaining the benefits should be AWS Orgs.

The information related to AWS Orgs is as follows:

AWS Organization should be an account management service.
In this, there are multiple AWS accounts that should be consolidated for developing and managing.
As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.

Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS Orgs.

Learn more about discounts here: brainly.com/question/3541148

3 0

3 years ago

Vertical integration is more likely to be attractive when the end customer market is

777dan777 [17]

Answer:

the goal of vertical integration is typical to increase sales eliminate coast and improve profits by improving business operations backward vertical integration can reduce or eliminate the leverage that suppliers have over the film and why doing to reduce

3 0

1 year ago

On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 77,000 shares of $10 par common stock at $11, and on Nove

kkurt [141]

Answer:

i am sorry i do not know

Explanation:

sorry

3 0

4 years ago