subject
Business, 18.11.2019 21:31 chloeann5397

The following are the transactions of morrell corporation: morrell corporation disposed of two computers at the end of their useful lives. the computers had cost $4,760 and their accumulated depreciation was $4,760. no residual value was received. assume the same information as (a), except that accumulated depreciation, updated to the date of disposal, was $3,520. prepare journal entries to record above transactions. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:10
You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."
Answers: 1
question
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
question
Business, 22.06.2019 19:40
Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%
Answers: 3
question
Business, 22.06.2019 19:50
Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?
Answers: 3
You know the right answer?
The following are the transactions of morrell corporation: morrell corporation disposed of two comp...
Questions
question
Social Studies, 03.07.2019 10:30
question
Biology, 03.07.2019 10:30
question
Biology, 03.07.2019 10:30
question
Mathematics, 03.07.2019 10:30