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Author Question: Software Unlimited purchased a computer screen projector for 7,852. Delivery costs totaled 141 and ... (Read 141 times)

bb

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on: Jun 24, 2018
Software Unlimited purchased a computer screen projector for 7,852. Delivery costs totaled 141 and handling costs were 196. The useful life is 5 years and the salvage value 1,334. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the book value at the end of year 4 as your answer.

Question 2

On August 18, Sullivan Company received an invoice in the amount of 6,700, having terms of sale of 4/15 EOM. What is the discount date?


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tdewitt

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

1,791

Answer to Question 2

15-Sep


bb

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

Mochi

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

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