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Author Question: Forest Agricultural Products purchased new equipment for 359,700 to process tree top oil products. ... (Read 261 times)

ts19998

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on: Jun 24, 2018
Forest Agricultural Products purchased new equipment for 359,700 to process tree top oil products. Using MACRS and Tables 17-1 and 17-2 from your text, what is the accumulated depreciation at the end of year 8? (Round to the nearest dollar)

Question 2

Shiva Electronics received an invoice dated July 15 in the amount of 2,300, which included freight charges of 205. The terms of sale were 3/10, n/45. 360 of the merchandise was damaged in transit and must be returned. What is the amount due if paid on July 25?


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leeeep

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Reply #1 on: Jun 24, 2018
Answer to Question 1

300,745

Answer to Question 2

1,887.95


ts19998

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

cpetit11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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