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.

Which of the following is a disadvantage to choosing a sole proprietorship business structure? question 9 options: the owner has personal responsibility for the company's liabilities. the owner has to share the profits with partners. the owner is still liable for personal debts. the owner has to report to shareholders.

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:

Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.