In the 01 July 2016, Samsung Ltd acquired the machine A by $1,502,000. Estimated useful life is 10 years, estimated residual value is $2,000. Company uses straight-line
method for depreciation. From 2019, Samsung Ltd measure the machine A by the
revaluation model. At 30 June 2019, machine A was revalued to $ 1,400,000. After one
year, at 30 June 2020, machine A was revalued to $1,000,000. At 30 June 2021, machine
A was revalued to $1,500,000.
Required:
Prepare the journal entries from 01 July 2016 to 30 June 2021. (using both method for
revaluation)

Walsh company manufactures and sells one product. the following information pertains to each of the company’s first two years of operations: variable costs per unit: manufacturing: direct materials $ 25 direct labor $ 12 variable manufacturing overhead $ 5 variable selling and administrative $ 4 fixed costs per year: fixed manufacturing overhead $ 400,000 fixed selling and administrative expenses $ 60,000 during its first year of operations, walsh produced 50,000 units and sold 40,000 units. during its second year of operations, it produced 40,000 units and sold 50,000 units. the selling price of the company’s product is $83 per unit. required: 1. assume the company uses variable costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 2. assume the company uses absorption costing: a. compute the unit product cost for year 1 and year 2. b. prepare an income statement for year 1 and year 2. 3. reconcile the difference between variable costing and absorption costing net operating income in year 1.

What is the purpose of the us international trade association?

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation