straight-line depreciation method for all of its plant and equipment. Partial-year depreciation is calculated based on the number of months the asset is in service. Prepare the journal entry to record the sale. Assuming the company’s year end is March 31. Depreciation for 2007-08: ((80000-5000)/5) X 9/12 = 11250 Depreciation for 2008-09: ((80000-5000)/5) = 15000 Depreciation for 2009-10: ((80000-5000)/5) = 15000 Depreciation for 2010-11: ((80000-5000)/5) = 15000 Total Depreciation 46250 Carrying
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The American Revolution was a difficult time in history for all people involved. When studying the revolution it is easy to recognize the political and military actions taken by men‚ while ignoring the roles of women. Women faced danger in their own homes at the hands of soldiers from both armies. A smaller but vital group of women were those that took an active role in the war. These women showed great courage by performing undercover work that their gender allowed them to do. Additionally‚ women
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influence on art was very obvious‚ it could be seen slowly infiltrating all art throughout the Renaissance. At the begging of the Renaissance‚ most art was very dark and dismal. The works portrayed people doing very menial labor‚ the people did not seem happy and their clothing
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There is a popular misconception that‚ between the time of Columbus and the late 1800s‚ when the mass immigration began‚ there were no Italians in America. In point of fact‚ Italians were coming to these shores hundreds of years before the immigration depot at Ellis Island was built. The very name America is attributed to Italian explorer Amerigo Vespucci‚ whose voyages to Brazil and the West Indies established the existence of a second super continent‚ the New World. As early as 1507‚ European
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When World War I was over the world had several devastating effects on Europe. The Great War affected all areas of life in America‚ and continued to experience its effect for many years to perform. As a result of the USA joining the war in 1916‚ industrial production in America flourished. Producers had to keep production up to the tempo needed to support the war. In order to produce more material in a small amount of time‚ new technologies was developed to help manufacturers take on the needs of
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Time Period 8 Study Guide 1. The economic growth following World War II was caused primarily by the efforts of the president and the federal government in response to fears about another Great Depression as 1946-1947 put America into a postwar recession. The Servicemen’s Readjustment Act of 1944‚ otherwise known as the GI Bill of Rights‚ allowed the 15 million veterans returning from the war to continue their education through government grants. The federal government also allowed veterans over $16
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Since the issue of Chinese currency exchange rate against U.S dollar has been capturing widespread attention‚ the purpose of the study proposed herein is to profit from empirically analyzing the income elasticity and elasticity of exchange rate of gross Sino-US trade and commodities from ten main categories1 by employing quarterly data from 1996 to 2009‚ aiming to judge whether Chinese currency needs an appreciation or not. Ever since the 1980s‚ due to its upgrade in industrial structure‚ the United
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countries as world powers‚ so they left it up to the Soviet Union and the United States. World War II started in 1939 and ended in 1945‚ with the attack of Poland and the axis surrender. During this time the economy changed and the growth of big countries did to like‚ Great Britain‚ Japan‚ Russia‚ France‚ and the United States. The World War II started September 1‚ 1939 when Germany attacked Poland domain ‚ Which was associated with Great Britain. The Germans signed a peace treaty in August with the Union
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Jews and the Renaissance In the early 16th century‚ as Jews fled antisemitism in numerous European countries‚ many landed in the thriving cities of Italy. Jewish merchants‚ doctors‚ and scholars grasped the opportunity to be involved in the prosperous Renaissance movement‚ while at the same time faced the challenges their successes prompted. Although Jews were persecuted during the times of the Italian Renaissance‚ they also flourished economically‚ artistically and scientifically which lead to
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When Europeans first landed on North American territory‚ domination was vital. Europeans would take out whoever was in their way if they did not collaborate with them. The Americas‚ which was once solitude for the American Indians‚ quickly came crashing down when the Europeans arrived. English settlers treated undesirable people with no respect. English settlers viewed themselves above all others as being the best‚ and when Indians‚ African slaves and “witches” came along‚ no respect was given to
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