Attachment # 00001149 - Unit_7_Homework_Template_ACC111_2.xlsx
Unit_7_Homework_Template_ACC111_2.xlsx (22.16 KB)
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(refer to the detailed question and attachment below)
M9-4Computing Book Value (Straight-Line DepreciationMachinery, original costAccumulated Deprecaition at end of 2nd yearAmount Depreciation expense = Accumulated DepreciationM9-9Recording the Disposal of a Long-Lived AssetDBCRABE9-12 (a)Computing and Reporting the Acquisition and Amortization of Three Different Intangible AssetsPatentIncome StatementAmortization ExpenseBalance SheetIntangibles:M10-2Recording Sales and Sales TaxAssets=Liabilities+Stockholder's EquityM10-3Calculating Payroll Tax LiabilitiesGross Wages and SalariesEmployees Income Tax WithheldEmployee FICA withheldNet PayRecording a Note PayableAnalyzing and Recording the Issuance of Common StockM11-9Recording DividendsDateM11-14Calculating and Interpreting Earnings per Share (EPS) and Return on Equity (ROE)Number of Common SharesNet IncomeCash Dividends paid on common stockTotal Stockholders' equityEPSROEM11-15Inferring Financial Information Using the P/E RatioP/E RatioSOLUTIONS!Acquisition costTrademarkLicensing rights2Patent Net (9,300 - 620)M10-6M11-420XX(400,000 - residual value 40,000) x 1/*4 yearsBook Value at the end of 3rd yearAccumulated DepreciationComputersLoss on disposal
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  1. neil2103
    Tutorial # 00012602 Posted By: neil2103 Posted on: 04/21/2014 04:31 PM
    Puchased By: 3
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    The solution of AC111 Unit 7 assignment...
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    Unit_7_Homework_Template_ACC111_2-1.xlsx (22.39 KB)
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