NEED ASNWERS ASAP PLEASE IF YOU CAN'T DO EVERYTHING DON'T DO. ONLY ANSWERS NEEDED NO EXPLANATION NEEDED.

1. The maturity value of a $52800, 6%, 50-day note receivable dated July 3 is (Use 360 days for calculation.)

$52800.

$53240.

$58080.

$55968.

2. Indigo Corporation purchased a delivery van with a $68000 list price. The company was given a $4400 cash discount by the dealer and paid $2800 sales tax. Annual insurance on the van is $1200. As a result of the purchase, by how much will Indigo Corporation increase its van account?

$66400.

$66800.

$68000.

$63600.

3. A company purchased factory equipment on June 1, 2022 for $88900. It is estimated that the equipment will have a $14500 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2022 is

$4340.

$3720.

$3100.

$7440.

4. Bramble Corp. bought equipment on January 1, 2022. The equipment cost $310000 and had an expected salvage value of $50000. The life of the equipment was estimated to be 6 years. The company uses the straight-line method of depreciation. The book value of the equipment at the beginning of the third year would be

$223333.

$310000.

$86667.

$260000

5. A machine with a cost of $1050000 has an estimated salvage value of $24000 and an estimated useful life of 5 years or 27000 hours. It is to be depreciated using the units-of-activity method of depreciation. What is the amount of depreciation for the second full year, during which the machine was used 9000 hours?

$326000.

$205200.

$350000.

$342000.

6.Carla Vista Co. purchased a new van for floral deliveries on January 1, 2022. The van cost $76000 with an estimated life of 4 years and $10000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the depreciation expense for 2022?

$16500.

$19000.

$33000.

$38000.

7. Carla Vista company gathered the following reconciling information in preparing its June bank reconciliation:

Cash balance per books, 6/30		$14400
Deposits in transit		1000
Notes receivable and interest collected by bank		2530
Bank charge for check printing		85
Outstanding checks		5100
NSF check		480

The adjusted cash balance per books on June 30 is

$17325.

$17365.

$16930.

$16365.

8.A $199 petty cash fund has cash of $38 and receipts of $165. The journal entry to replenish the account would include a

debit to Cash for $161.

credit to Cash for $165.

credit to Petty Cash for $161.

credit to Cash Over and Short for $4.