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I’m stuck on a Accounting question and need an explanation.
solve the following problems:
Problem 1: On July 1, 2019, Pharoah Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $16,000 salvage value. On January 1, 2022, before making its depreciation entry for 2022, the company estimated the remaining useful life to be 10 years beyond December 31, 2022. The new salvage value is estimated to be $5,000.
Prepare the journal entry to record depreciation on December 31, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)
Prepare the journal entry to record depreciation on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)
Prepare the journal entry to record depreciation on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)
Compute the balance in Accumulated Depreciation—Equipment for this equipment after depreciation expense has been recorded on December 31, 2022.
Problem 2: On January 1, 2022, the Cullumber Company ledger shows Equipment $38,100 and Accumulated Depreciation $13,840. The depreciation resulted from using the straight-line method with a useful life of 10 years and a salvage value of $3,500. On this date, the company concludes that the equipment has a remaining useful life of only 2 years with the same salvage value.
Compute the revised annual depreciation.
Problem 3:Prepare journal entries to record these transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)
(a)
Carla Vista Co. retires its delivery equipment, which cost $46,700. Accumulated depreciation is also $46,700 on this delivery equipment. No salvage value is received.
(b)
Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,660 instead of 46,700.
Problem 4:
Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): other plant assets $987.0, land $250.0, patents and trademarks (at cost) $500.0, machinery and equipment $2,010.0, buildings $920.0, goodwill (at cost) $210.0, accumulated amortization $54.0, and accumulated depreciation $2,120.
Prepare a partial balance sheet for Nike for these items. (List Property, Plant and Equipment in order of Land, Buildings and Machinery and Equipment.)
Problem 5:Crane Chemicals Company acquires a delivery truck at a cost of $37,900 on January 1, 2022. The truck is expected to have a salvage value of $3,400 at the end of its 4-year useful life. Assuming the declining-balance depreciation rate is double the straight-line rate, compute annual depreciation for the first and second years under the declining-balance method.
First Year
Second Year
Annual depreciation under declining-balance method
$Enter a dollar amount
$Enter a dollar amountAnswer the following questions, should be about 2 pages long.: nursing assignment help
I’m studying for my Psychology class and need an explanation.
Here are the Questions for Chapter 13:
1. Discuss the issues associated with people who have not been diagnosed with clinical depression yet use antidepressants to enhance their mood.
2. Do social environments dictate our moods? Should clinicians account for social expectations and the recreational use of drugs when they prescribe mood enhancers?
Here are the Questions for Chapter 14:
1. Discuss the pros and cons of providing children who score highly on the Psychopathy Checklist–Youth Version (PCL-YV) with counseling as a preventative measure, regardless of whether they have committed a crime. Should the PCL-YV be administered to all schoolchildren at regular intervals?
2. Personality traits tend to stay relatively stable over time and across situations. Discuss the possibility of psychopathic tendencies in children and adolescents remaining through adulthood and resulting in criminal activity.2 pages movie relfection
I’m working on a Communications question and need guidance to help me study.
Week 3, February 3, 2020
Early works: “Man With A Movie Camera” (YouTube)/”Nanook” (YouTube)/”Drifter” (YouTube)
6 modes of documentary films
https://www.videomaker.com/article/c06/18423-six-primary-styles-of-documentary-production (Links to an external site.)
WWII: “Night and Fog” (Kanopy-UNH library)/“Triumph of the Will” (YouTube)Note that you do not need to write reviews of the films this time, and as mentioned in class, you do not need to watch the films in their entirety.1) For all five of the films we watched parts of in class, choose the best stylistic definition and tell me why you think the that definition fits the film best.“Nanook of the North”, “Man With a Movie Camera”, “Drifters”, “Triumph of the Will”, “Night & Fog”* Note that all five of these films have their own Wikipedia page, as well as myriad other reviews and summaries from which you can get more information about the film, if you choose to add some detail to your response.https://www.videomaker.com/article/c06/18423-six-p…https://en.wikipedia.org/wiki/Ethnographic_film 2) A) Discuss the innovations that filmmaker Leni Riefenstahl brought to her documentary, “Triumph of the Will”, making specific reference to shots that we watched in class. The Wikipedia page for the film summarizes these innovations in the second paragraph on the page. Remember that if you quote the writing on the Wikipedia page word for word, you need to use a basic footnote and put the line(s) that you use in quotes.https://en.wikipedia.org/wiki/Triumph_of_the_WillB) Compare and contrast three examples of the imagery you saw in “Triumph of the Will” and “Night & Fog” and discuss what you think the filmmakers were trying to convey to their audience through use of these images, and why you personally found each image compelling. You will be discussing a total of six images, i.e., one of your comparisons might be one of the shots above the clouds in the beginning of “Triumph of the Will”, and the enormous pile of human hair in a Nazi concentration camp in “Night & Fog”.This paper is due Monday, 2/17/20, by classtime.
