More Related Content Similar to Godfrey Problem 10.1 and 10.2 Similar to Godfrey Problem 10.1 and 10.2 (20) More from Deady Rizky Yunanto More from Deady Rizky Yunanto (20) Godfrey Problem 10.1 and 10.27. Depreciation Expense ofTrucks $18.000
Accumulated Depreciati $18.000
$35 000 × 5 trucks = $175 000, $175 000 less $25 000 salvage
value = $150.000, $150 000/1.000.000 miles = $0.15 a mile,
$0.15 × 120 000 actual miles = $18.000
12. Tahun 2009 2008 2007
Depreciation — new
method
19 200 24 000 30 000
Depreciation — old
method
15 000 15 000 15 000
Decrease in Income 4 200 9 000 15 000
19. Kontruksi Dalam Proses $424.000
Kas, Material $424.000
Account Receivable $350.000
Progress Billing $350.000
Loss on Contract $10.000
Konstruksi Dalam Proses $10.000
($424.000+$106.000-$520.000)
29. Diakui gain atas penjualan tanah.
Cash $55 000
Land $50 000
Gain on sale land $5 000