Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Jun 2018 My Price 8.00

Jose Company

Jose Company purchased a used delivery truck paying $8600 cash and signing a Note Payable for $15,000. Before being placed in service, the firm spent $3,000 on the truck. 40% of this amount was to repaint the truck to make its appearance suitable and the remainder was to install air conditioning. What amount represents the cost basis of this truck for subsequent depreciation purposes?

 

Without prejudice to your answer for the above requirement, assume the $3000 was spent on the truck after it had been owned and used for four years. 40% of this amount was to repaint the truck to make its appearance suitable and the remainder was to install air conditioning. The paint cost was to return the asset to its condition when purchased. Ignoring any depreciation that might have been taken on the truck since it was acquired, what amount represents the cost basis of this truck for subsequent depreciation purposes?

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Jun 2018 10:06 PM My Price 8.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e

Not Rated(0)