Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 06 May 2018 My Price 3.00

landlord gave Comp

Journal entry for this purchase: Installed new light fixtures and display cases in the leased store. Company a paid $4,500 for the fixtures, $100 for shipping to the store, and $300 to an electrician to install. The landlord gave Comp. A permission to remove and dispose of the old fixtures. Comp. A sold the old fixtures for $200. Comp. A anticipates being in the store for at least 3 years. Comp. A cannot take the light fixtures with them if they relocate as they will revert to the lessor. Comp. A can take the display cases, which cost $7,200, if they move. Both the display cases and light-fixtures have a six-year useful life.

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Maurice Tutor
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Status NEW Posted 06 May 2018 04:05 PM My Price 3.00

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