{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T19:05:41-04:00", "answer_date": "2024-05-27 19:05:41", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1795984", "url": "\/study-help\/questions\/computer-equipment-was-acquired-at-the-beginning-of-the-year-1795984", "question_creation_date_js": "2024-05-27T19:05:41-04:00", "question_creation_date": "May 27, 2024 07:05 PM", "meta_title": "[Solved] Computer equipment was acquired at the be | SolutionInn", "meta_description": "Answer of - Computer equipment was acquired at the beginning of the year at a cost of $28,125 that has an estimated residual value | SolutionInn", "meta_keywords": "computer,equipment,acquired,beginning,year,cost,$28,125,estimated,residual,value,$1,700,life", "question_title_h1": " Computer equipment was acquired at the beginning of the year at a cost of $28,125 that has an estimated residual value of $1,700 and", "question_title": " Computer equipment was acquired at the beginning of the year at", "question_title_for_js_snippet": "Computer equipment was acquired at the beginning of the year at a cost of $28,125 that has an estimated residual value of $1,700 and an estimated useful life of five years (a) Determine the depreciable cost (b) Determine the double declining balance rate (c) Determine the double declining balance depreciation for the first year", "question_description": "\"image", "transcribed_text": "Computer equipment was acquired at the beginning of the year at a cost of $28,125 that has an estimated residual value of $1,700 and an estimated useful life of five years. (a) Determine the depreciable cost (b) Determine the double-declining-balance rate % (c) Determine the double-declining-balance depreciation for the first year", "related_book": { "title": "Managerial Accounting", "isbn": "978-0073526706, 9780073526706", "edition": "12th Edition", "authors": "Ray H. Garrison, Eric W. Noreen, Peter C. Brewer", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/104.jpg", "uri": "\/textbooks\/managerial-accounting-12th-edition-9780073526706", "see_more_uri": "" }, "free_related_book": { "isbn": "0078822858", "uri": "\/textbooks\/oracle-the-complete-reference-the-single-most-comprehensive-sourcebook-for-oracle-server-1st-edition-978-0078822858-168016", "name": "Oracle The Complete Reference The Single Most Comprehensive Sourcebook For Oracle Server", "edition": "1st Edition" }, "question_posted": "2024-05-27 19:05:41", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-following-condensed-balance-sheet-is-for-the-partnership-of-238527", "description": "The following condensed balance sheet is for the partnership of Miller, Tyson, and Watson, who share profits and losses in the ratio of 6:2:2, respectively: For how much money must the other assets...", "stars": 3 }, { "url": "\/three-resistors-25-45-and-75-are-connected-in-series", "description": "Three resistors, 25, 45, and 75, are connected in series, and a 0.51-A current passes through them. What are? (a) The equivalent resistance and (b) The potential difference across the three resistors.", "stars": 3 }, { "url": "\/study-help\/management-in-the-hospitality-industry\/group-discussion-or-group-project-nongovernmental-organizations-and-hospitality-e-1927801", "description": "GROUP DISCUSSION OR GROUP PROJECT Non-governmental organizations and hospitality e Find out what is the NGOs verdict on what is missing from the hospitality sustainability strategy. How much should a...", "stars": 3 }, { "url": "\/study-help\/psychology\/discuss-other-design-issues-such-as-the-type-of-treatment-1980052", "description": "Discuss other design issues, such as the type of treatment variable, ordering effects, and matching subjects.", "stars": 3 }, { "url": "\/damsels-clothing-store-orders-a-line-of-jeans-at-a", "description": "Damsels clothing store orders a line of jeans at a suggested retail price of $58 less trade discounts of 30% and 7%. The manager intends to sell the jeans at the suggested retail price. If overhead...", "stars": 3 }, { "url": "\/study-help\/questions\/prepare-an-afterclosing-trial-balance-2-caspean-hair-studio-4-9921957", "description": "Prepare an after-closing trial balance 2 CASPEAN HAIR STUDIO 4 Andrea and Max Caspean established a corporation called Caspean Hair Studio. 5 The company main objective is to provide a high-end hair...", "stars": 3 }, { "url": "\/study-help\/questions\/the-following-costs-were-incurred-by-brambles-bikes-for-the-6408027", "description": "The following costs were incurred by Bramble's Bikes for the month of July: Determine the total variable costs and total fixed costs for Bramble's Bikes for the month of July. Total variable costs $...", "stars": 3 }, { "url": "\/study-help\/questions\/in-2009-starbucks-net-income-fell-precipitously-the-stores-needed-1000435", "description": "In 2009, Starbucks' net income fell precipitously. The stores needed to make a change, so Schultz temporarily close all the stores and re-train the entire staff, (Schultz, 2013). Schultz felt the...", "stars": 3 }, { "url": "\/study-help\/questions\/the-nh-jones-manufacturing-company-produces-porcelain-figurines-the-molding-999050", "description": "The NH Jones Manufacturing Company produces porcelain figurines. The molding department inspects damaged units when they are 65% complete. Direct materials are added at the end of the process, and...", "stars": 3 }, { "url": "\/study-help\/questions\/question-over-the-last-6-months-you-have-received-numerous-1008941", "description": "Question: Over the last 6 months, you have received numerous complaints from guests and staff that the property management computer system (PMS) is slow, crashes regularly, causes long check-in...", "stars": 3 }, { "url": "\/study-help\/questions\/1-the-jonestown-hideaway-resort-hosts-hundreds-of-weddings-each-1001606", "description": "1. The Jonestown Hideaway Resort hosts hundreds of weddings each year in its sprawling event center. In order to offer wedding parties an all-inclusive experience, they currently have a dedicated...", "stars": 3 }, { "url": "\/study-help\/questions\/selected-accounts-from-woohoo-companys-adjusted-trial-balance-for-the-1025916", "description": "Selected accounts from WooHoo Company's adjusted trial balance for the year ended December 31 follow. Notes payable (due in 5 years) Accounts payable Bonds payable (due in 10 years) Machinery $ 4,200...", "stars": 3 }, { "url": "\/study-help\/questions\/whispering-winds-incs-manufacturing-overhead-budget-for-the-first-quarter-8356759", "description": "Whispering Winds Inc's manufacturing overhead budget for the first quarter of 2025 contained the following data. Variable Costs Fixed Costs Supervisory salaries $40,320 Indirect materials $13.440...", "stars": 3 }, { "url": "\/why-is-disclosure-of-depreciation-or-amortization-methods-and-rates", "description": "Why is disclosure of depreciation or amortization methods and rates so important?", "stars": 3 }, { "url": "\/study-help\/intermediate-accounting11th\/various-reporting-formats-the-following-information-was-taken-from-the-1664555", "description": "(Various Reporting Formats) The following information was taken from the records of Roland Carlson Inc. for the year 2004. Income tax applicable to income from continuing operations $187,000; income...", "stars": 3 }, { "url": "\/study-help\/intermediate-accounting11th\/comprehensive-income-c-reither-co-reports-the-following-information-for-1664556", "description": "(Comprehensive Income) C. Reither Co. reports the following information for 2004: sales revenue $700,000; cost of goods sold $500,000; operating expenses $80,000; and an unrealized holding loss on...", "stars": 3 }, { "url": "\/study-help\/intermediate-accounting11th\/singlestep-income-retained-earnings-periodic-inventory-presented-below-is-the-1664553", "description": "(Single-step Income, Retained Earnings, Periodic Inventory) Presented below is the trial balance of Mary J. Blige Corporation at December 31, 2004. A physical count of inventory on December 31...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/red-wer-question-5-005-pts-on-january-1-2024-1795983", "next": "\/study-help\/questions\/which-statement-regarding-the-indirect-method-is-false-a-depreciation-1795985" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": " Computer equipment was acquired at the beginning of the year at", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/computer-equipment-was-acquired-at-the-beginning-of-the-year-1795984" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }} }