Pearl corporation owns machinery that cost $27,600 when purchased on july 1, 2017. depreciation has been recorded at a rate of $3,312 per year, resulting in a balance in accumulated depreciation of $11,592 at december 31, 2020. the machinery is sold on september 1, 2021, for $14,490. prepare journal entries to
(a) update depreciation for 2021 and
(b) record the sale.
Answers: 3
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Sodas in a can are supposed to contain an average of 12 ounces. this particular brand has a standard deviation of 0.1 ounces, with an average of 12.1 ounces. if the can's contents follow a normal distribution, what is the probability that the mean contents of a six pack are less than 12 ounces?
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Business, 22.06.2019 08:10
The sec has historically raised questions regarding the independence of firms that derive a significant portion of their total revenues from one audit client or group of clients because the sec staff believes this situation causes cpa firms to
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Business, 22.06.2019 20:00
Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.
Answers: 3
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What is a market? a. a system that allows people or companies to buy and sell products and services b. the number of companies willing to manufacture a specific product c. the ability to buy production materials in large quantities and save on costs d. a product's ability to satisfy a consumer
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Pearl corporation owns machinery that cost $27,600 when purchased on july 1, 2017. depreciation has...
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