Amachine costing $18 was destroyed when it caught fire. at the date of the fire, the accumulated depreciation on the machine was $84000. an insurance check for $210500 was received based on the replacement cost of the machine. the entry to record the insurance proceeds and the disposition of the machine will include a credit to the accumulated depreciation account for $84000. credit to the equipment account for $126500. gain on disposal of $114500. gain on disposal of $30500.
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Business, 21.06.2019 17:30
Being an expert problem solver is something you're either born with or not. true or false
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Business, 22.06.2019 10:40
Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable
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Business, 22.06.2019 16:10
The brs corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale the following sales have been budgeted: sales april $ 130,000 may $ 150,000 june $ 140,000 budgeted cash collections in june would be:
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Amachine costing $18 was destroyed when it caught fire. at the date of the fire, the accumulated dep...
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