Record entry when it was sold for $18000
kobel Co has delivery equipment that cost $50000 and has been depreciated $20000.Record entry when it was sold for $18000
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What is the average inflation rate? How would inflation be different if real income growth were higher, say 6%? Explain.
At december 31 2009 assets is $400,000.00 liabilities $250,000.00 and drawings $15,000.00. what is the net income or loss?
Discuss the impact upon a debtor if his/her state of residence (a) adopts the bankruptcy exemptions allowed by the Federal Bankruptcy statute or (b) does not adopt the Federal exemptions. Which kind is Florida?
Suppose buyers must pay a tax of T = 6/unit. Determine the quantity exchanged, and prices for buyers and sellers. How is the tax burden split between buyer and seller?
His employees can be found on many of the major intersections hawking his wares out of the backs of station wagons and pickup trucks. What is the best way for this business to ensure that sales data entry is efficient and accurate?
Jan Nab is the sole owner of Deer Park, a public camping ground near the Lake Mead National Recreation Area. Jan has compiled the following financial information as of December 31, 2010.
Panther co. had a warranty liability of $350,000 at the beginning of 2011, and $310,000 at the end of 2011. Warranty expense is based on 4% of sales, which were $50 million for the year. What were the warranty expenditures for 2011?
Calculate the compound growth rate for the period of 1998 to 2007. What is the major reason for the differences in your answers to parts b and d? If you were to make your own projections, what would you forecast?
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