Business, 07.04.2021 01:00 AldoRaine8074

Pryce Company owns equipment that cost $62,100 when purchased on January 1, 2017. It has been depreciated using the straight- line method based on estimated salvage value of $4,900 and an estimated useful life of 5 years.
QU
Aco
Prepare Pryce Company's journal entries to record the sale of the equipment in these four independent situations. (Credit account
titles are automatically indented when amount is entered. Do not indent manually. Round answers to decimal places, eg. 125. If no entry is
required, select "No Entry" for the account titles and enter for the amounts.)
QI
Ас
(a)
Sold for $29,320 on January 1, 2020
Sold for $29,320 on May 1, 2020.
Sold for $10.500 on January 1, 2020.
Sold for $10.500 on October 1, 2020,
(b)
(c)
(d)
Q
Ac
Q
А Al
No. Account Titles and Explanation
Debit
Credit
(a)

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 18:20

Alyeska services company, a division of a major oil company, provides various services to the operators of the north slope oil field in alaska. data concerning the most recent year appear below: sales $18,000,000 net operating income $6,300,000 average operating assets $35,200,000 1. compute the margin for alyeska services company. (round your answer to 2 decimal places.) 2. compute the turnover for alyeska services company. (round your answer to 2 decimal places.) 3. compute the return on investment (roi) for alyeska services company. (round your intermediate calculations and final answer to 2 decimal places.)

Answers: 1

Answer

Business, 22.06.2019 04:40

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies

Answers: 1

Answer

Business, 22.06.2019 19:40

Adistinguishing feature of ecological economics is the concept of cost-benefit analysis steady-state economies that, like natural systems, neither grow nor shrink environmental damage and also environmental benefits are external greenwashing to increase public acceptance of products the only healthy economy is one that is growing

Answers: 1

Answer

Business, 22.06.2019 20:00

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?

Answers: 2

Answer

You know the right answer?

Pryce Company owns equipment that cost $62,100 when purchased on January 1, 2017. It has been deprec...

Questions