Q:2004Jan. 1 Paid $106,600 cash plus $6,400 in sales tax for a new machine. The machine is estimatedto have a six-year life and a $9,800 salvage value.Dec. 31 Recorded annual straight-line depreciation on the machinery.2005Dec. 31 Due to new information obtained earlier in the year, the machine’s estimated useful life waschanged from six to four years, and the estimated salvage value was increased to $13,050.Recorded annual straight-line depreciation on the machinery.2006Dec. 31 Recorded annual straight-line depreciation on the machinery.Dec. 31 Sold the machine for $25,240 cash.RequiredPrepare journal entries to record these transactions and events.

Jan. 1 Paid $106,600 cash plus $6,400 in sales tax for a new machine. The machine is estimated to have a six-year life and a $9,800 salvage value Dr Machinery $113,000 Cr Cash $113,000 Dec. 31 Recorded annual straight-line depreciation on the machinery Dr Depreciation expense $17,200 (i.e. [$113,000-$9,800]/6) Cr Accumulated depreciation $17,200 2005 Dec. 31 Due to new information obtained earlier in the year, the machine’s estimated useful life was changed from six to four years, and the estimated salvage value was increased to $13,050. Recorded annual straight-line depreciation on the machinery Dr Depn $27,583.33 Cr Accum. depn. $27,583.33 (Nbv of $95,800 - 13,050 divided by 3 remaining yrs) 2006 Dec. 31 Recorded annual straight-line depreciation on the machinery Dr Depn $27,583.33 Cr Accum. depn. $27,583.33 (Nbv is now $113,000 - $17,200 - $27,583.33 - $27,583.33 = $40,633.34) Dec. 31 Sold the machine for $25,240 cash Dr Cash $25,240 Dr Loss on disposal of machinery $15,393.34 Dr Accum. depn. $72,366.66 Cr Machinery $113,000

Q:what is machinery?and its uses.?

Machinery is a series of components working together to accomplish a particular task. They can be crude, simple machines such as a block and tackle or very complex like a CNC Machine or a monster earth moving crane. Most machinery is used in production or manufacturing.However machinery is als o used to move a ship through the water, dig a tunnel or mine shaft, drill for oil, make a baseball bat, make candy etc. The uses are endless.

Q:I have a stepson who has a keen interest in combine harvesters and I had the idea to take him to see them being built at a farm machinery manufacturer somewhere, but have no idea who to enquire for about this and whether they would allow a factory tour to see these machines being put together. Does anyone have information that could be of help to me to arrange this for him as a surprise day out? Thanks.

John okorder /

Q:A. physicalB. intangibleC. tangibleD. transient

i guess c

Q:He plans to invest $20 000 every six months in an investment account with a view to replacing machinery. What interest rate will he need to meet his goal?(either use present formula A= P *(1-(1+i)^(-n))/ i or future formulaS = P *( (1+i)^(n) - 1)/ i, im not sure wich formula to use)PLEASE SHOW ALL WORKING OUTplease help me ITS URGENT

use S = P((1+i)^n-1)/i 275000 = 20000((1+i)^12 -1)/i ((1+i)^12-1)/i = 275000/20000 = 13.75 this can't be solved analytically as it is a polynomial of degree 12 feeding into wolfram alpha, i ≈ 0.0244147= 2.4415% now remember that this is the rate adjusted for periodicity, so interest rate needed = 4.883% <-------- check: --------- 20,000((1+0.04883/2)^12-1) /(0.04883/2) = $275000.48

Q:Just to find out what it did. Or a good estimate?

Everytime the computer asks some kind of question.

Q:Like what are the major duties for a machinery repairman in the navy? My boyfriend is going to graduate soon from boot camp and is going to be a machinery repairmen. He didn't really get into details. But i just wanna know what do they do? What is their basic day as one? Do they have more sea or shore duty? And would anyone happen to know where he may be stationed?thank you very much!!!Have a good one!!!

Us Navy Machinery Repairman

Q:Such as in terms of construction equipment like a crane, what is the maximum amount of weight that can be lifted by any existing machine?

A crane's limitation is defined as metre-tonnes, because it is the moment that creates the limitation of the crane lift. A crane does the same amount of work to lift 50 tonnes at 10 metres as it does to lift 100 tonnes at 5 metres. That being said; I believe the largest single lift was perfromed by one of forty-two Lampson Tranis Lift IIs in Corpus Christi TX. The actual load was 1000 tonnes. And this just happens to be a MOBILE unit, on top of everything else!

Q:can you introduce me used or reconditioned agriculturally used machinery in usa.?

There are dozens of equipment auctions all over the USA. Google Farm Equipment Auction and you should get many hits.

Q:I was wondering if a license from another country (say Ecuador) is valid here in the United States for operating heavy machinery? if not, what are the steps for a non-english speaking person to get this license if they know how to operate machines efficiently?

Nope. Depending on where you live determining what u can do