In the 01 July 2016, Samsung Ltd acquired the machine A by $1,502,000. Estimated useful life is 10 years, estimated residual value is $2,000. Company uses straight-line method for depreciation. From 2019, Samsung Ltd measure the machine A by the revaluation model. At 30 June 2019, machine A was revalued to $ 1,400,000. After one year, at 30 June 2020, machine A was revalued to $1,000,000. At 30 June 2021, machine A was revalued to $1,500,000. Required: Prepare the journal entries from 01 July 2016 to 30 June 2021. (using both method for revaluation)
a) Samsung Ltd will record these Journal Entries from July 2016 to June 30, 2021, using the straight-line and revaluation methods of depreciation:
July 1, 2016 Debit Equipment $1,502,000
Credit Cash $1,502,000
To record the purchase of the machine A.June 30, 2017 Debit Depreciation Expense $150,000
Credit Accumulated Depreciation $150,000
To record the depreciation expense for the first year.June 30, 2018 Debit Depreciation Expense $150,000
Credit Accumulated Depreciation $150,000
To record the depreciation expense for the second year.June 30, 2019 Debit Accumulated Depreciation $300,000
Credit Revaluation Reserve $300,000
To close the accumulated depreciation to Revaluation Reserve.June 30, 2019 Debit Revaluation Reserve $198,000
Credit Revaluation Surplus $198,000
To record the Revaluation Surplus.June 30, 2020 Debit Revaluation Expense $400,000
Credit Revaluation Reserve $400,000
To record the revaluation loss.June 30, 2021 Debit Revaluation Reserve $500,000
Credit Revaluation Surplus $500,000
To record the revaluation surplus.Data and Calculations:
Cost of machine on July 1, 2016 = $1,502,000
Estimated Residual Value = $2,000
Depreciable amount = $1,500,000
Estimated useful life = 10 years
Based on the straight-line method the depreciation expense for each year = $150,000 ($1,500,000/10).
Value of Machine at:
June 30, 2019 - $1,400,000
June 30, 2020 = $1,000,000
June 30, 2021 = $1,500,000
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Gerald had scores of 83, 95, 92, and 98 on four exams in his algebra class. What score will he need on his fifth exam to have an overall average of 937 (All exams have a
maximum of 100 points.)
For all horizontal lines the domain is
Answer: All real numbers
Step-by-step explanation:
It depends on if the horizontal line goes on infinitely but I'd assume it does. It should be all real numbers.
lulah is buying beach balls for her beach party. each package contains 6 beach balls
Answer:
what is the question where is the rest of the equation
Step-by-step explanation:
if you respond I will give you the right answer but hope you have a great rest of your night :)❤
4. Simplify: -3(2x - 5)-2(4x+3)
A.14x-9
B.-2x+21
C.-14x+9
D.-14x+ 21
Can someone help me ?
-2 (x+5) = 4
use the distributive property to solve the equation
3/4 x 2 5/8 ÷ 2 + 10/12
The world population of a certain species is evaluated at 6.8 × 109. By some projections, this population will be 8 times more important in 30 years. Express the population at that time in scientific notation.
Using the multiplication operation, the population of the species in 30 years would be 8 times the current population. Hence, the population at the time would be [tex] 5.44 \times 10^{10}[/tex]
Current population = [tex] 6.8 \times 10^{9}[/tex]Therefore, 8 times the current population can be calculated thus :
[tex] 6.8 \times 10^{9} \times (8) = 54.4 \times 10^{9}[/tex]
Therefore, the population at the time would be [tex] 5.44 \times 10^{10}[/tex]
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please view the img above for the question ^^
Answer:
2
Step-by-step explanation:
because resetting the graph means it has to be a reflection
Last Friday, Erica earned $51 babysitting for 6 hours. At this rate, how many hours would Erica need to babysit in order to earn $272?
Answer: 32 hours
Step-by-step explanation: 51/6 = 8.5
So, Erica makes 8.5 dollars per hour. 272/8.5 = 32. Thus, Erica will need 32 hours.
Brainliest?
—
Find the 13th term of the arithmetic sequence – 5x + 7, -11x + 5, -17x + 3
Answer:
maybe 13
Step-by-step explanation:
Solve the inequality: x + 5 < 7 x < 3 , x > -2. , x > 12. , x < 2
Answer:
(d) x < 2
Step-by-step explanation:
Subtract 5 from both sides of the inequality, the same way you would if it were an equation.
x +5 < 7 . . . . . . given
x +5 -5 < 7 -5 . . . . . show subtraction of 5
x < 2 . . . . . the solution
Q4). If the ordered pairs (x+1,5) and (4,x+2y) are equal then find x and y.
Step-by-step explanation:
Given that (x+1,5) = (4,x+2y)
⇛ x+1 = 4 and 5 = x+2y
⇛ x = 4-1
⇛ x = 3
now
5 = x+2y
⇛ 5 = 3+2y
⇛ 5-3 = 2y
⇛ 2 = 2y
⇛ 2y = 2
⇛ y = 2/2
⇛ y = 1
Therefore, x = 2 and y = 1
Evaluate 4x squared - 8x + 8 when x = -6
Answer:
44
Step-by-step explanation:
√4×-6+8×6+8=2×-6+48+8
-12+48+8
=48
Hey there!
4x^2 - 8x + 8
= 4(-6)^2 - 8(-6) + 8
= 4(6)(6) - 8(-6) + 8
= 4(36) - (-48) + 8
= 144 - (-48) + 8
= 144 + 48 + 8
= 192 + 8
= 200
Therefore, your answer is: 200
Good luck on your assignment and enjoy your day!
~Amphitrite1040:)
what is the slope of the line?
Need help plz ! I'll give 30 points.
Answer:
45 90 135 180 dkdhwjuwuhd
Find the sum of 5x + 6 and -11x - 9
One x-intercept for a parabola is at the point (-0.4,0). Use the quadratic formula to find the other x-intercept for the parabola defined by this equation: y = 5x2 + 7x + 2 Separate the values with a comma. Round, if necessary, to the nearest hundredth.
Answer:
-1
Step-by-step explanation:
Set y=0.
[tex]5 {x}^{2} + 7x + 2 = 0 \\ x = \frac{ - 7± \sqrt{ {7}^{2} - 4(5)(2)} }{2(5)} \\ x = \frac{ - 7± \sqrt{ 9} }{10} \\ x = \frac{ - 7±3}{10} \\ x = - \frac{2}{5} \: \: \: \: or \: \: \: \: - 1[/tex]
The x-intercepts are - 0.4 and - 1.
The other x-intercept is - 1.
Answer: 1,0
Step-by-step explanation:
Which of the following is a solution to the system of two equations y = 3x – 1 and y = 2x + 3?
please
Please help! Cant figure this one out!
Answer:
20.5
Step-by-step explanation:
Given that shapes are similar:
45 = 2x + 4 subtract 4 from both sides
41 = 2x divide both sides by 2
20.5 = x
How many palindromes between 1000 and 9999 inclusive are divisible by 9?
Palindromes are numbers that remain the same, when reversed.
There are 10 palindromes divisible by 9 between 1000 and 9999
To do this, we list the numbers divisible by 9 between 10 and 99.
The numbers are:
[tex]\mathbf{A = 09,\ 18,\ 27,\ 36,\ 45.\ 54,\ 63,\ 72,\ 81,\ 90,\ 99}[/tex]
Flip these numbers
[tex]\mathbf{B =90,\ 81,\ 72,\ 63,\ 54.\ 45,\ 36,\ 27,\ 18,\ 09,\ 99}[/tex]
Combine corresponding numbers
[tex]\mathbf{AB =0990,\ 1881,\ 2772,\ 3663,\ 4554,\5445,\ 6336,\ 7227,\ 8118,\ 9009,\ 9999}[/tex]
Rewrite as:
[tex]\mathbf{AB =990,\ 1881,\ 2772,\ 3663,\ 4554,\5445,\ 6336,\ 7227,\ 8118,\ 9009,\ 9999}[/tex]
990 is less than 1000.
So, we have:
[tex]\mathbf{AB =1881,\ 2772,\ 3663,\ 4554,\5445,\ 6336,\ 7227,\ 8118,\ 9009,\ 9999}[/tex]
Count the numbers
[tex]\mathbf{n(AB) =10}[/tex]
Hence, there are 10 palindromes divisible by 9 between 1000 and 9999
Read more about palindromes at:
https://brainly.com/question/14076732
Solve the equation: q –10 = -10
Answer:
q=0
Step-by-step explanation:
-----------------------------
q - 10 = - 10
q = 0
<3
plz help very easy i pormise
Answer:
8/90
Step-by-step explanation:
hope this helps
Answer:
It's 38/45
Step-by-step explanation:
I don't really have a step-by-step explanation. I just looked it up! ;) good luck
geomtry plzzzz help me
Step-by-step explanation:
it is an isoceles triangle (equally long legs).
there is a right angle at W, so YW is the height of the isoceles triangle XYZ.
that means W splits XZ in half.
therefore,
ZW = XZ/2 = 38/2 = 19
Find a polynomial F of X of degree four that has the following zeros. 7, -3, 0, 4 leave your answer in Factored form
Answer:
f(x) = (x - 7)(x + 3)(x)(x - 4)
Step-by-step explanation:
It's just like the roots of a quadratic but with more factors
f(x) = (x - 7)(x + 3)(x)(x - 4)
A side of the triangle below has been extended to form an exterior angle of 165º. Find
the value of x.
Answer:
x = 120°
Step-by-step explanation:
the 165 degree obtuse angle forms a straight line with the upper left angle inside the triangle, therefore this angle measures 15 degrees
we know two of the three angle measures so we add all three together to find the unknown angle
x + 15 + 45 = 180
x + 60 = 180
x = 120°
HELPPP PLEASE!!!!!!
HELP!!!!!!!
Answer:
4 pounds
Step-by-step explanation:
when you match it on the graph it corresponds to 4
steps
match 18 which is in between 16 and 20 to the weight and you will see it moves and is correspondence to 4
Rewrite 2/11 and 1/7 so that they have a common denominator
Answer:its 22 and 7...........................
Step-by-step explanation:
what is 20% of 30? how would you calculate it? please answer asap
Answer:
Working out 20% of 30
If you are using a calculator, simply enter 20÷100×30 which will give you 6 as the answer.
Step-by-step explanation:
Answer:
6Step-by-step explanation:
what is 20% of 30? how would you calculate it?
30 : 100 * 20 = 6
or
30 * 0.20 = 6
A recent study showed that players of a certain video game tend to perform better if they take breaks. The study involved analyzing data from 242{,}000242,000242, comma, 000 matches played by 16{,}66516,66516, comma, 665 players of League of Legends, a popular online game. The data showed that players who took regular breaks, on average, performed better than those who did not. What conclusion can they draw from this study
Answer:
There was an association between taking breaks and better performance, but it's not necessarily a causal relationship.
Step-by-step explanation: