Depreciation for 2010-11: ((80000-5000)/5) = 15000 Total Depreciation 46250 Carrying Value on date of sale‚ ie March 31‚ 2011 = 80000-46250 =33750 Loss on sale is 33750 – 17000 = 16750 Journal Entry: Cash Debit 17000 Loss on Sale of Machine Debit 16750 Accumulated Depreciation Debit 46250 Machine Credit 80000 20. Carnellian sold a piece of equipment for Rs. 30‚000 on July 1‚ 2003. The equipment was purchased January 1‚ 2000 with an original cost of Rs. 50‚000 and a 10 year
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defined as a non-cash expense that reduces the value of an asset as a result of physical or functional factors over time. Therefore‚ the costs of the fixed assets should be recorded as an expense over their useful lives‚ since they depreciate and must be replaced once the end of their useful life is reached. Physical depreciation factors include wear and tear during use or from being exposed to such things as weather. Functional depreciation factors include obsolescence or changes in customer needs
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- The evaluation of Possible Solution Niche Market Launch PROs CONs *Cost for advertising‚ consumer and trade promotion is lower compare to mainstream. *Huge market to explore – Emotional Shaver makes 39% of nondisposable razor user *The advantage of being enter to niche market is by conquering the small portion of market its easier to control the customer buying response and also easy to evaluate customer feedback. By then‚ it also can improve more in the future. * Useful approach‚ which can
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enough beans to feed 1/7th of the world’s total population‚ several changes would occur on a global scale. Assuming the world’s population is approximately 7.28 billion people‚ this would mean producing enough to feed 1.04 billion people. At 1 lb of beans per every 5 persons per day‚ that is approximately 75‚972‚000‚000 lbs of beans a year or 34‚460‚319.53 metric tons per year. Considering a total production of 23‚139‚004 metric tons of beans in 2013‚ producing enough beans for 1/7th of the population
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Financial Analysis Assignment 1 Subject Company: Total SA Recep Erman Mendirek 8195980 TOTAL SA – Big Oil&Gas Business: Introduction For the purpose of this assignment‚ we would like to review a European Integrated Oil & Gas name‚ the French TOTAL S.A. Established in 1924 as Compagnie Francaise des Petroles by French industrialist Ernest Mercier‚ the rebranded giant employs today 97000 people in more than 130 countries. It has an integrated business profile which means that the company is
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Chasing the Total Solar Eclipse When the Moon slips between the Earth and Sun this week‚ Slovak astronomer Vojtech Rusin will be ready on a hotel balcony in Cairns‚ Australia to witness his 19th total solar eclipse. StarStruck spoke with the National Geographic grantee‚ part of an international team‚ about what it takes to follow the stellar phenomenon. • You’ve traveled around the world to observe solar eclipses. What’s different or special about this trip? Total solar eclipses happen regularly
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Amogha Dalvi Prompt #4 Is Advancement Possible? Progress and growth has always been the underlying cause for our existence. We define progress‚ in terms of material growth‚ by the option of affording better or more cars‚ or to a luxurious lifestyle. We appreciate technological advancement in the field of science that we once thought was impossible to explain let alone exist. Advancement holds a very important place in history and science. However‚ understanding advancement is difficult because
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NEW AND IMPROVED REWARDS AT WORK 1 Running head: New and Improved Rewards at Work New and Improved Rewards at Works HRM 533 Total Rewards Dr. Mary Ann Wangemann Strayer University
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Mary Chalmers Johns English 1101 September 12‚ 2013 Recovery is Possible My mom has been an addict my entire life. It started in Rogers‚ Arkansas. That’s where my dad and mom met and had me and my little brother. One day‚ ten years ago‚ we finally made it to Georgia where my dad’s family lives. It was unexpected because we weren’t supposed to move until the summer time‚ but my dad knew what he was doing. My parents had divorce when I was three years old. Later‚ my mom had moved
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Moles 1.How is molar mass calculated and why is it useful? You have to multiply the atomic weight of each element by the number of atoms that it contains in a compound. Molar mass is useful because its used to change a measurement of mass to an amount of a substance such as the number of particles. 2.Define a mole in chemistry and give 3 examples equivalent units that are used in chemical calculations. A mole measures the amount of a substance. Three examples that are equivalent to a mole is molar
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