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millworks company owns a milling machine that cost $125 000

millworks company owns a milling machine that cost $125 000

Millworks Company owns a milling machine that cost $125,000 and has accumulated depreciation of $91,000. Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations. crusher cooper - knowledgecloud.in

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E10-16: Millworks Company owns a milling machine that cost $125,000 and has accumulated depreciation of $91,000. Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations.

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The machine's operating cost is $80,000 per year. The machine can be sold now for $150,000 but if the company keeps the machine for three more years (like the vice president wants to do), its salvage value will be only $100,000. Alternatively, the company can subcontract the work that is performed by the machine at a cost of $124,000 per year.

millworks company owns a milling machine that cost

Beginner accounting journaling question Yahoo AnswersDiaz Company owns a milling machine that cost Blogger. 06 28 32 Lynda s Company owns a milling machine that cost $125 300 and has accumulated depreciation of $90 600 Prepare the entry to record the disposal of the milling machine on January 3 under each of the following independent situationsDiaz Company …

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Solved Millworks Company owns a milling machine that cost ...

Millworks Company owns a milling machine that cost $125,000 and has accumulated depreciation of $91,000. Prepare the entry to record the disposal of the milling machine on January 5 under each of the following independent situations. 1. The machine needed extensive repairs, and it was not worth repairing. Millworks disposed of the machine ...

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