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- Libraries in Chicago withcollections of trade catalogs. Chicago Machinery Exchange 1900-30?
- The Newberry Library (it's in the Gold coast) has many old items. They are very knowledgeable about this type of thing, they might know where to find it if they don't have it.
- this is according to marx, i think its to do with how machinery changed society from primitive to industrial, im not sure tho, any help would be gratefully appreciatedthanks
- social relationships are transformed into apparently objective relationships between commodities or money. workers are alienated from their work due to increase machinery
- Presented here are selected transactions for Snow Company for 2012.Jan. 1Retired a piece of machinery that was purchased on January 1, 2002. The machine cost $66,300 on that date and had a useful life of 10 years with no salvage value.June 30Sold a computer that was purchased on January 1, 2009. The computer cost $31,200 and had a useful life of 5 years with no salvage value. The computer was sold for $12,480.Dec. 31Discarded a delivery truck that was purchased on January 1, 2007. The truck cost $53,000 and was depreciated based on an 8-year useful life with a $6,300 salvage value.Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Snow Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2011.)
- Jan. 1 Retired a piece of machinery that was purchased on January 1, 2002. The machine cost $66,300 on that date and had a useful life of 10 years with no salvage value. After 10 years the machinery is fully depreciated. Dr Accumulated Depreciation--Machinery 66,300 Cr Machinery 66,300 June 30 Sold a computer that was purchased on January 1, 2009. The computer cost $31,200 and had a useful life of 5 years with no salvage value. The computer was sold for $12,480. Six months of depreciation has accumulated since the beginning of the year. 31,200 / 5 x 6/12 = $3,120 to update depreciation Dr Depreciation Expense--Computer 3,120 Cr Accumulated Depreciation--Computer 3,120 31,200 / 5 x 3 1/2 = 21,840 total accumulated depreciation at time of sale Dr Cash 12,480 Dr Accumulated Depreciation--Computer 21,840 Cr Computer 31,200 Cr Gain on Sale of Computer 3,120 Dec. 31 Discarded a delivery truck that was purchased on January 1, 2007. The truck cost $53,000 and was depreciated based on an 8-year useful life with a $6,300 salvage value. (53,000 - 6,300) / 8 = $5,837.50 to update depreciation Dr Depreciation Expense--Truck 5,837.50 Cr Accumulated Depreciation--Truck 5,837.50 5,837.50 x 6 = 35,025 total accumulated depreciation at time of sale Dr Accumulated Depreciation--Truck 35,025 Dr Loss on Disposal 17,975 Cr Truck 53,000