What amount will be used to record the equipment
Perdue Company has purchased equipment that requires annual payments of $30,000 to be paid at the end of each of the next 6 years. The appropriate discount rate is 12%. What amount will be used to record the equipment?
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What is the pressure at a depth of 5000 m in the ocean? What is the fractional volume change ?V/V of seawater at this pressure?What is the density of seawater at this pressure?
Jobbs company issues a 5%, two year bonds, on Dec 31, 2010, with a par value of $200,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record.
Miyamoto Jewelers is considering a special order for 20 handcrafted gold bracelets to be given as gifts to members of a wedding party. The normal selling price of a gold bracelet is $409.
The new sewing machine would be depreciated according to the declining-balance method at a rate of 20%. The salvage value is expected to be $380,200.
A cylindrical steel pressure vessel with volume 1.32m3 is to be tested. The vessel is entirely filled with water, then a piston at one end of the cylinder is pushed in until the pressure inside the vessel has increased by 3000kPa . Suddenly, a safety
Assume the effective Interest Method in accounting for these Bonds, build a 10 year amortization table.Give General Journal entries to record the sale of the bonds, and the 1st 4 interest payments.
The Alpha Company purchased $2.5 million of merchandise on account. A & A products gives terms of 1%, 10 days, Net 20. A&A Products believes that alpha will take the discount if the discount is equal to at least an 16% return.
Business Solutions sells upscale modular desk units and office chairs in the ratio of 2:1 (desk unit:chair). The selling prices are $1,210 per desk unit and $460 per chair.
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