Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exam winter 2024 question 18 of 21 -18 on dece

Exam Winter 2024 Question 18 of 21 -18 On December 31,2022,...

50.1K

Verified Solution

Question

Accounting

Exam Winter 2024
Question 18 of 21
-18
On December 31,2022, Kingbird Inc. owns a machine with a carrying amount of $806,000. The original cost and accumulated depreciation for the machine on this date are as follows:
\table[[Machine,$1,310,000
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

what are parts of cerebrum?

Medical Sciences
Q

Why are there the specific 3 social classes there are in the kallipolis? How does Plato...

Psychology
Q

M8D2) Choking is a commonly misunderstood phenomenon in sports. To fully understand this concept it can be...

Psychology
Q

You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is...

Finance
Q

A vinyl can turn 10.42 times within 3.46 s. If it starts from rest, what...

Physics
Q

Where is the 20352 coming from in the Mego Ltd question?

Accounting
Q

Explain the difference between accrual based accounting and cash basis accounting. -What is the...

Accounting
Q

Ajax produces two basic products A and B. Each week, Paul,...

Accounting
Q

On January 1, 2021, the company obtained a $3 million loan with a 11% interest...

Accounting
Q

2.What are opportunity costs and what are the economic benefits? Can you think of various...

Accounting
Q

Sales Tax A sale of merchandise on account for $11,100 is subject to a 8%...

Accounting
Q

For the current fiscal year, Purchases were $260,000, Purchase Returns and Allowances were $8,200, Purchase...

Accounting