{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T07:50:14-04:00", "answer_date": "2024-06-28 07:50:14", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4266994", "url": "\/study-help\/questions\/question-1-at-the-time-of-reclassification-as-held-for-4266994", "question_creation_date_js": "2024-06-28T07:50:14-04:00", "question_creation_date": "Jun 28, 2024 07:50 AM", "meta_title": "[Solved] Question 1: At the time of reclassificati | SolutionInn", "meta_description": "Answer of - Question 1: At the time of reclassification as held for sale, what amount should the non-current asset held for sale i | SolutionInn", "meta_keywords": "question,1,time,reclassification,held,sale,amount,-current,asset,recognized,680,000,c", "question_title_h1": "Question 1: At the time of reclassification as held for sale, what amount should the non-current asset held for sale is recognized? a. 680,000 C.", "question_title": "Question 1: At the time of reclassification as held for sale, what", "question_title_for_js_snippet": "Question 1 At the time of reclassification as held for sale, what amount should the non current asset held for sale is recognized a 680,000 C 800,000 b 780,000 d 900,000 e Question 2 What amount of loss should Builder Company recognized at the time of the building was reclassified as held for sale a None C 120,000 b 100,000 d 220,000 e Question 3 As of December 21 2014 what amount of gain recovery should Builder Company recognize related to the asset held for sale a None C 220,000 b 180,000 d 400,000", "question_description": "
\"image<\/div><\/div><\/div> Question 1: At the time of reclassification as held for sale, what amount should the non-current asset held for sale is recognized? a. 680,000 C. 800,000 b. 780,000 d. 900,000 e. Question 2: What amount of loss should Builder Company recognized at the time of the building was reclassified as held for sale? a. None C. 120,000 b. 100,000 d. 220,000 e. Question 3: As of December 21 2014 what amount of gain recovery should Builder Company recognize related to the asset held for sale? a. None C. 220,000 b. 180,000 d. 400,000", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "B0B7QDGYWB", "uri": "\/textbooks\/space-education-preparing-students-for-humanitys-multi-planet-future-1st-edition-979-8986653808-290607", "name": "Space Education Preparing Students For Humanitys Multi Planet Future", "edition": "1st Edition" }, "question_posted": "2024-06-28 07:50:14", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/central-valley-construction-cvc-purchased-80000-of-sheet-metal-fabricating", "description": "Central Valley Construction (CVC) purchased $80,000 of sheet metal fabricating equipment from Buffalo Supply on January 1, 2014. CVC paid $15,000 cash and signed a five-year, 10% note for the...", "stars": 3 }, { "url": "\/study-help\/psychology\/internal-metaevaluation-how-did-evaluators-use-standards-to-examine-the-1980097", "description": "Internal meta-evaluation: How did evaluators use standards to examine the accountability of the evaluation design, procedures, information collected, and outcomes?", "stars": 3 }, { "url": "\/consider-the-data-set-in-table-1131-representing-the-ages", "description": "Consider the data set in Table 11.3.1, representing the ages (in years) and maintenance costs (in thousands of dollars per year) for five similar printing presses. a. Draw a scatterplot of this data...", "stars": 3 }, { "url": "\/study-help\/questions\/p23-financial-statements-the-following-amounts-were-taken-from-the-9874420", "description": "P2-3 Financial statements The following amounts were taken from the accounting records of Padget Home Services, Inc, As of December 31, 2017. Padget Home Services began its operations on January 1,...", "stars": 3 }, { "url": "\/study-help\/questions\/do-homework-nicholas-palazzolo-google-chrome-secure-httpswwwmathxlcomstudentplayerhomeworkaspxhomeworkid476806957questionid2flushedfalsecld4955309centerwinyes-9879979", "description": "Do Homework - Nicholas Palazzolo - Google Chrome Secure https:\/\/www.mathxlcom\/Student\/PlayerHomework.aspx?homeworkId=476806957&questionId=2&flushed=false&cld-4955309¢erwin=yes Cost Accounting...", "stars": 3 }, { "url": "\/study-help\/questions\/shamar-invoices-a-company-for-6000-when-he-looks-at-1335500", "description": "Shamar invoices a company for $6,000. When he looks at the Customer Balance Summary, he sees an amount of $13,000 that includes unpaid invoices. How can he find detail on the open invoices? Select an...", "stars": 3 }, { "url": "\/study-help\/questions\/the-street-division-of-labrosse-logistics-just-started-operations-it-1684506", "description": "The Street Division of Labrosse Logistics just started operations. It purchased depreciable assets costing $36 million and having a four-year expected life, after which the assets can be salvaged for...", "stars": 3 }, { "url": "\/study-help\/questions\/suppose-you-are-the-operations-manager-at-an-airline-company-3390585", "description": "Suppose you are the operations manager at an airline company. The company guarantees its customers that its flights are delayed by at most three minutes on average, as opposed to much higher figures...", "stars": 3 }, { "url": "\/study-help\/questions\/students-must-abide-by-academic-regulation-19-respecting-academic-integritygg-4169135", "description": "CASE 9-29 Master Budget for a Manufacturer [LO3, LO4] Garneau Manufacturing Ltd. produces and distributes a special type of chemical compound called Compound WX. The information below about Garneau's...", "stars": 3 }, { "url": "\/study-help\/questions\/the-master-budget-at-monroe-manufacturing-last-period-called-for-1430309", "description": "The master budget at Monroe Manufacturing last period called for sales of 43,500 units at $57 each. The costs were estimated to be $41 variable per unit and $539,000 fixed. During the period, actual...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/expantiate-the-responsibility-of-an-accounting-officer-in-handling-stores-4266993", "next": "\/study-help\/questions\/abc-company-is-a-manufacturing-company-that-has-business-operations-4266995" }, "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": "Question 1: At the time of reclassification as held for sale, what", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/question-1-at-the-time-of-reclassification-as-held-for-4266994" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }1" } }