Exercise 13-14 (part level submission) monty company purchases an oil tanker depot on january 1, 2017, at a cost of $565,300. monty expects to operate the depot for 10 years, at which time it is legally required to dismantle the depot and remove the underground storage tanks. it is estimated that it will cost $71,990 to dismantle the depot and remove the tanks at the end of the depot’s useful life. collapse question part (a) prepare the journal entries to record the depot (considered a plant asset) and the asset retirement obligation for the depot on january 1, 2017. based on an effective-interest rate of 6%, the present value of the asset retirement obligation on january 1, 2017, is $40,198. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when amount is entered. do not indent manually.)

Jurvin enterprises is a manufacturing company that had no beginning inventories. a subset of the transactions that it recorded during a recent month is shown below. $76,700 in raw materials were purchased for cash. $71,400 in raw materials were used in production. of this amount, $66,300 was for direct materials and the remainder was for indirect materials. total labor wages of $151,700 were incurred and paid. of this amount, $134,300 was for direct labor and the remainder was for indirect labor. additional manufacturing overhead costs of $126,300 were incurred and paid. manufacturing overhead of $126,800 was applied to production using the company's predetermined overhead rate. all of the jobs in process at the end of the month were completed. all of the completed jobs were shipped to customers. any underapplied or overapplied overhead for the period was closed to cost of goods sold.required: 1. post the above transactions to t-accounts.2. determine the cost of goods sold for the period.

While on vacation in las vegas jennifer, who is from utah, wins a progressive jackpot playing cards worth $15,875 at the casino royale. what implication does she encounter when she goes to collect her prize?

Your own record of all your transactions. a. check register b. account statement