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can you please fill out the bottom 2 graphs. thanks can you just answer transaction 3. loss on sale of long lived asset can you

can you please fill out the bottom 2 graphs. thanks image text in transcribed
image text in transcribed
can you just answer transaction 3. "loss on sale of long lived asset"
image text in transcribed
can you just answer "accoubts receivable ( new of allowance for doubtful accounts)
image text in transcribed
E8-11 Computing Depreciation under Alternative Methods LO8-3 At the beginning of the year, Palermo Brothers, Inc., purchased a new plastic water bottle making machine at a cost of $80,000. The estimated residual value was 59,000. Assume that the estimated useful life was four years, and the estimated productive life of the machine was 710,000 units. Actuarannual production was as follow Yew Units 213,000 156,200 105,250 545,0.50 1 2. 3 4 Required: 1. Complete a separate depreciation schedule for each of treatemative methods a. Straight-line Year Depreciation Accumulated Depreciation Al acquiston $ $ 5 Net Book Value 80.000 02250 44500 26.750 9,000 17.750 17.750 17.750 17.750 $ 2 3 4 17.00 35.500 5320 71.000 $ b. Units-of-production. Year At acquisition 1 Depreciation Accumulated Net Expense Depreciation Book Value $ 80,000 $ 21,300 $ 21,300 $ 58,700 $ 15,620 $ 36,920 $ 19,525 $ 56,445 $ 14,555 $ 71,000 $ 9,000 2 3 4 c. Double-declining-balance. Year Depreciation Expense Accumulated Depreciation Net Book Value S 80,000 At acquisition 2 3 4 Commonwealth Delivery is the world's leading express-distribution company. In addition to the world's largest feet of all cargo aircraft, the company has more than 673 aircraft and 56,000 vehicles and trailers that pick up and deliver packages. Assume that Commonwealth Delivery sold a delivery truck that had been used in the business for three years. The records of the company reflected the following Delivery truck cost Accumulated depreciation $ 43,000 27,700 Required: 1. Prepare the journal entry for the disposal of the truck, assuming that the truck sold for: (if no entry is required for a transaction levent, select "No journal entry required in the first account field.) a. S15,300 cash b. $16,100 cash c. $13,600 cash O View transaction list View journal entry worksheet No Transaction Debit Credit 1 General Journal Cash Accumulated deprecation Delivery truck 15.300 27,700 41.000 2 b 10.100 27.700 Cash Accumuwed depreciation Gain on sale of longved asset Delivery truck 800 43,000 3 13,000 27,700 Cash Accumulated depreciation Loss on sale of long-lived asset Delivery truck 43,000 The following is a list of account titles and amounts (dollars in millions) from a recent annual report of Hasbro, Inc., a leading manufacturer of games, toys, and interactive entertainment softwa for children and families Buildings and improvements Prepaid expenses and other current assets Allowance for doubtful accounts Other noncurrentes Acord amortination (other intang bles) Cash and cash equivalents $ 203 Goodwill 178 Machinery, ement, and software Acumulated depreciation 190 Inventories BOT Other intangibles 630 Land and improvements Accounts receivable 415 421 300 1.172 8 053 Required: Prepare the asset section of the balance sheet for Hasbro, Ino, classifying the assets into Current Assets, Property Plant, and Equipment (net), and Other Assets. (Enter your answers in millions ( 10,000,00 should be entered as 10). Amounts to be deducted should be indicated by a minus sign) HASBRO, in Excerpts from Balance Sheet Assets Current assets Cash and cash equivalents Accounts receivable net of lowance for doubtful accounts) S 630

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