A machine was purchased for $39,000 . It has a current carrying value of $18,000 and had a depreciable cost of $25,000 . Its estimated residual value must have been
a. $18,000.
b. $14,000.
c. $11,000.
d. $21,000.
B
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On December 31, Jacoby Company's Prepaid Rent account had a balance before adjustment of $6,000. Three months' rent was paid in advance on December 1, the first day of the lease term. The adjusting entry needed on December 31 is:
A. Debit Rent Expense $6,000; credit Accounts Payable $6,000. B. Debit Rent Expense $2,000; credit Accounts Payable $2,000. C. Debit Prepaid Rent $6,000; credit Cash $6,000. D. Debit Cash $2,000; credit Prepaid Rent $2,000. E. Debit Rent Expense $2,000; credit Prepaid Rent $2,000.
According to the operations profile at the beginning of Supplement 3, Manchester in England ______.
a. is the smallest city in England b. has a population of nearly 2 million people in the metro and surrounding areas c. has one of the busiest airports in England d. is best known for its bobsled team
What do most companies do first to control damage when a problem arises?
A) Consult the company's legal counsel. B) Call or e-mail the individual involved. C) Write a letter to the individual involved. D) Ignore the problem if it is unlikely to happen again.
A set of activities that delivers value to external customers is a:
A) supply chain. B) core process. C) support process. D) system.