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: 401 Weeks Ago, 2 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 01 Aug 2017 My Price 5.00

Florida Manufacturing Corporation

Journal entries for revising estimate of life. Give the journal entries for the following selected transactions of Florida Manufacturing Corporation. The company uses the straight-line method of calculating depreciation and reports on a December 31 year end.
a. The firm purchases a cutting machine on November 1, 2008, for $180,000. It estimates that the machine will have a useful life of 12 years and a salvage value of $7,200 at the end of that time. Give the journal entry for the depreciation at December 31, 2008.
b. Record the depreciation for the year ending December 31, 2009.
c. In August 2014 the firm estimates that the machine will probably have a total useful life of 14 years and a $3,840 salvage value. Record the depreciation for the year ending December 31, 2014.
d. The firm sells the machine for $40,000 on March 31, 2019. Record the entries of that date, assuming that the firm records depredation as indicated in part c.

 


Answers

Maurice Tutor
(5)
Status NEW Posted 01 Aug 2017 04:08 PM My Price 5.00

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 -----------sol-----------uti-----------on.-----------Ple-----------ase----------- pi-----------ng -----------me -----------on -----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be----------- ca-----------tch-----------

Not Rated(0)