Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need fast help in these questions, I have only 30 minutes, please help me fast, no need for lengthy explanations, just tell me correct
I need fast help in these questions, I have only 30 minutes, please help me fast, no need for lengthy explanations, just tell me correct answers
Close Window Moving to another question will save this response Question 34 of 36 question 34 4 points Save anon Rams, Inc bought machine at the beginning of 2008 paying 575.000 cash and signing an interest-bearing note for 550,000. The estimated ett lite of the machine is 5 years and the estimated salvage 55.000, the machine is expected to produce 10.000 units during its use and 75.000 units are produced in 2010, the depreciation shown on Rams tools for 2010 the units of activity method of depreciation is used would be 515.000 $10,000 520.000 524,000 Moving to another question will save this response Question 4036 Gewand A Moving to another question will save this response. Question 35 Given the following account balances at year end, what are total intangible assets on the balance sheet of Pumpkin Enterprises? Sales Revenue 522.500 Equipment 12.500 Cash 750 Trademarks 500 Accounts Receivable 2000 Goodwill 2250 Land 7.500 54,750 52.750 555.750 55.750 Moing to another question will save this response Click Submit to complete this assessment Question 36 Moss County Bank agrees to lend the Sadowski Brick Company $300,000 on January 1 Sadowski Brick Company signs a $300,000,6%, 9-month note What is the adjusting entry required it Sadowski Brick Company prepares financial statements on June 30 for interest expense and Interest payable interest Expense 59.000 Interest Payable 59.000 Interest Expense 59.000 Cash 59.000 Interest Payable 59,000 Cash 59.000 Interest Payable 59.000 Interest Expense 59.000 Click Submit to complete this assessment
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started