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building 190,000 estimated life 40yrs residual value 8,000 need amortization for 3 months do I divide or mulitipy. Thanks
On March 1, 2009, five-year bonds are sold for $508,026 that have a face value of $500,000 n an interest rate of 10%. Interest is paid semi-annually on March 1 and September 1. Using the straight-line amortization method, prepare the borrower's journal entries on - March 1, 2009 - September 1,...
On March 1, 2009, five-year bonds are sold for $508,026 that have a face value of $500,000 n an interest rate of 10%. Interest is paid semi-annually on March 1 and September 1. Using the straight-line amortization method, prepare the borrower's journal entries on - March 1, 2009 - September 1,...
I honestly have no idea about this question: The equipment was purchased in August 2005 for $840,000 and was estimated to have a useful life of 10 years and no residual value. The company amortizes all assets for a half year in the year of acquisition and the year of disposal. TAX RATE: 38% ...
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