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need help please your answer is incorrect try again Kind Company constructing a bolding Construction began on February 1 and was completed on December 3!
need help please your answer is incorrect try again Kind Company constructing a bolding Construction began on February 1 and was completed on December 3! Expenditures were $5,400,000 on March 1, 53,600,000 on June 1, and 59,000,000 on December 31 Kingbird Company borrowed $3,000,000 on March on a 5-year 12 note to help finance construction of the building. In addition, the company had outstanding all year a 10%, 5 year. $6,000,000 note payab and an 11%, 4. , 510,500,000 note payable Compute avoidabile interest for Kingbird Company. Use the weighted average interest rate for interest capitalization purposes. (Round Weighted average interest rate" tot decimal places 2.5125 and final answer to decimal acc . 5.25.) Avidable interest 2009 Click if you would like to show Work for this question Open Show Work Your wris partially correct. Try again. Oriol Corporation traded a used truck (cost $28.800, accumulated depreciation S05.20) for a mal computer with a fair value of $4,752. Oriole also paid $720 in the transaction Prepare the journal entry to record the exchange, assuming the exchange lacks commercial substance. Credit account titles are automatically indented when amount is entered. Do not indent manually. Ifmo entry is required, select "No Entry for the account titles and enter for the anos.) Account Tities and Explanation Credit Th e Depreciation of 1 Brief Exercise 10-04 x Your answer is incorrect. Try again Kingbird Company is constructing a building Construction began on February 1 and was completed on December 31. Expenditures were $5,400,000 on March 1, $3,600,000 on June 1, and $9,000,000 on Kingbird Company borrowed $3,000,000 on March 1 on a 5-yen, 12 note to help finance construction of the building. In addition, the company had outstanding all year a 10 ,5 year, 36,000,000 note payable and an 11%, 4 ye, $10.500,000 note payable Compute avoidable interest for Kingard Company. Use the weighted average interest rate for interest capitation purposes. ( nd "Weighted average interest rate to decima aces, 2.5125 and final answer to decimal places 5,275.) Avoidable interest 382909 Click if you would like to show Work for this question Open Show Work your answer is partially correct. Try again Oriol Corporation traded a used truck (cost $2,800, accurated depreciation $25.920) for all computer with a fra Prepare the journal entry to record the exchange, assuming the exchange lacks commercial substance. (Cretace ly. If no entry is required, select "No Entry for the title and enter for the amounts) 4,752. Once 5720 in the transaction a lly indented when amount is entered De not inde a e Debit Account Titles and Explanation TAccumulated Depreciation Gain on Disposal of Trucks Click if you would like to show Work for this question Open Show Work
need help please
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