Show me how to post my homework

Just do my homework!

  • HTML tags will be transformed to conform to HTML standards.
  • Add rel="nofollow" to external links
Question
Submitted by Canvas on Tue, 2012-07-17 22:12
due on Sun, 2012-07-22 21:56
answered 2 time(s)
Hand shake with Asma: Complete ($12.00 paid)
Hand shake with Kumail Raza: Complete
Hand shake with neel: In progress
Hand shake with Topwriter: In progress
Hand shake with siosticks: In progress
Canvas is willing to pay $40.00
Canvas bought 122 out of 126 answered question(s)

Compare three depreciation methods, Transactions for fixed assets, including sale, and entries for payroll and payroll taxes.

All together there are three separate problems. I have provided the pdf files in order for you to help me complete these questions properly. As always, I will provide the working papers if you wish to use them. The most important part is answering the questions I provided. These are questions that are based off of all the homework done. I need them to get a good score. Your help is appreciated as always. Reminder: included in the working papers are the questions I must have answered. 

Answer
Submitted by Asma on Wed, 2012-07-18 16:21
teacher rated 374 times
4.68182
purchased one time
price: $40.00

Answer rating (rated one time)

5

Answer is attached

body preview (17 words)

Please find attached solution xxxx and xxx me xxxx if some xxxxx is missing xx wrong. xxxxxx

xx

 

file1.doc preview (771 words)

xxxxx xx–2B

xxxxxxxxxxxx Expense

xxxx xxxxxxxxxxxx xxxxxxxxxxxx Double-

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Year Method Method Method

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxx

2010 21,000 10,080 3,000

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Calculations:

Straight-line method:

xxxxxxxxxx – $4,500)/3 = $21,000 xxxx xxxxx

Units-of-production xxxxxxxx

xxxxxxxxxx – xxxxxxxxxxxxxx xxxxx x xxxxx per hour

2008: 12,000 xxxxx x xxxxx x xxxxxxxx

2009: 9,000 hours x xxxxx = xxxxxxxx

xxxxxxxxxxxxx xxxxx x xxxxx = xxxxxxxx

Double-declining-balance xxxxxxxx

xxxxxxxxxxxxxxx × xxx x $45,000

2009: ($67,500 – xxxxxxxx × xxx = $15,000

2010: ($67,500 – $45,000 – $15,000 – xxxxxxxx = $3,000

xxxxx xxxxx should xxx be reduced below xxx xxxxxxxx xxxxx xx xxxxxxxx

Prob. xx–xxx

xxxxx

Jan. 6 Delivery xxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxxx

July 19 Truck xxxxxx Expense 500

Cash 500

Dec. 31 Depreciation Expense—Delivery Equipment 12,000

xxxxxxxxxxxxxx xxxxxxxxxxxx—xxxxxxxx xxxxxxxxx xxxxxxxxxx

Delivery equipment xxxxxxxxxxxxxxxxxxxxxxx × (1/4 × 2)].

xxxxx

Jan. 2 Delivery xxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxxxxx xxxxxxx—xxxxxxxx Equipment 3,500

Accumulated xxxxxxxxxxxx—Delivery xxxxxxxxx 3,500

xxxxxxxxxxx xxxxxxxxx xxxxxxxxxxxxx

xxxxxxxxxxx – xxxxxxx × (1/4 × xx × 7/12].

xxxxxxxxxxxxxx xxxxxxxxxxxx—xxxxxxxx xxxxxxxxxxxxxxxxxx

Cash 10,250

Delivery xxxxxxxxxxxxxxxxxxx

xxxxxxx xx xxxx xx xxxxxxxx xxxxxxxxxxxxxxxxxx

Oct. 24 Truck xxxxxx Expense 415

xxxxxxxxxxxxxx

Dec. 31 Depreciation xxxxxxx—xxxxxxxx xxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxx xxxxxxxxxxxx—Delivery xxxxxxxxxxxxxxxxxxx

xxxxxxxxxxxx equipment depreciation�[$69,000 × xxxx × xxxxx

xxxxx xx–xxx

xxxxx

July 1 Delivery xxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxxxxx

Oct. 1 Depreciation xxxxxxx—Delivery xxxxxxxxxxxxxxxxxx

xxxxxxxxxxxxxx Depreciation—xxxxxxxx xxxxxxxxxxxxxxxxxxx

Delivery equipment xxxxxxxxxxxxxxxxxxxxxxx – $27,600 × xxxx × 2) ×

- - - more text follows - - -


Buy this answer

Try it before you buy it
Check plagiarism for $2.00

Answer
Submitted by Kumail Raza on Wed, 2012-07-18 06:54
teacher rated 24 times
4.375
price: $40.00

Answer file is attached with formula, detailed calculations and explanation is attached

body preview (0 words)

file1.xlsx preview (1061 words)

xx xxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
PR 10-2B
Data:xxxxxxxxx equipment xxxxxxxxxxx
xxxxxx xxxx in xxxxxx
Useful xxxx xx xxxxxx 25,000
xxxxxxxx xxxxx$4,500
2008 xxxx 2010
Yearly xxxxx xx xxxxxx xxxxxx x 9,000x 4,000
Yearly xxxxx xx xxxxx x 12,000 x xxxxxx 4,000
Assumption: xx is assumed xxxx each xxxx xx xxxxxxxxx production produces x xxxxx
xxxxxxxxxxx xxxxxxxxx - xxxxxxxx value
% of straight-line xxxxxxxxxxxx x(1/useful life in xxxxxxxxxx
Formula:xxxxxxxxxxxxx xxxxxxUnits of xxxxxxxxxx xxxxxx xxxxxx declining xxxxxxx method
xxxxxxxDepreciable xxxxxxxxxxx xxxx in xxxxx ((Cost x Residual xxxxxxxxxxxxx life in units)*No. of xxxxx xxxxxxxx % of xxxxxxxxxxxxx xxxxxxxxxxxx * 2 x xxxxx x xxxxxxxxxxx xxxxxxxxxxxxx
Solution:
Depreciable xxxxxxxxxxxx
x of straight-line xxxxxxxxxxxx x xxxxxx
xxxxxxxxxxx xxxxxxxxxxxx 2008 xxxx
Depreciation xxxxxxx xxx xxxx
xxxx Straight-line xxxxxxxxxxx of xxxxxxxxxx xxxxxxDouble declining xxxxxxx xxxxxx
2008 $21,000 xxxxxxx$45,000
Depreciable base= xxxxxxx
% xx straight-line xxxxxxxxxxxx = xxxxxx
Accumulated xxxxxxxxxxxx under xxxxxx xxxxxxxxx xxxxxx - xxxx = $45,000
Depreciation expense for xxxx
Year xxxxxxxxxxxxx xxxxxx Units xx xxxxxxxxxx methodxxxxxx xxxxxxxxx xxxxxxx method
2009xxxxxxx $22,680$15,000
xxxxxxxxxxx base=xxxxxxx
% xx straight-line depreciation =xxxxxx
xxxxxxxxxxx xxxxxxxxxxxx xxxxx double declining xxxxxx x xxxx =$60,000
Depreciation xxxxxxx for xxxx
Yearxxxxxxxxxxxxx methodUnits of production

- - - more text follows - - -


Buy this answer

Try it before you buy it
Check plagiarism for $2.00