 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Greenwood bought a new vending machine for his business on 1 January 2009 at a cost
On 1st January 2009 at a cost of $8,000. He intends to write off depreciation of the machine at the end of each business year which is 31st December. He sold this vending machine on 31 December 2010 for $5000. Prepare:
(a) Machine account for the years 2009 and 2010 (b) the provision for depreciation of machinery account as it should appear for the years 2009 and 2010 using straight line methodat 10% (c) Disposal account |
||||
Check out some similar questions!
Hi, I am planning to invest on a hair sraightening vending machine that can also be used to curl,wave or flip your hair. Here's how it works: the machine will be setup in a mall, gym or an office building and it will provide 2 minutes worth of using the hair straightener for $2. Facts: This...
Looking to start a vending career. Myself, n business partner cook for family n friends parties now, but want to expand. We cook chicken wings, hamburgers, hot dogs, shrimp corn dogs, fries, cheese sticks,etc. We are stuck on a catchy name to start. We want to do big events, and possibly work the...
I just started my vending machine company and its been really hard trying to find locations any suggestions?
I bought a new car in 2009. Its on a loan.. Can I calim back the tax I was charged... also what else can I claim and deduct... loan amount? Etc etc Have no idea.. if someone can help me please
View more questions Search
| Question Tools | Search this Question |
Add your answer here.
|
