If machine 2 was purchased on April 1 instead of July 1, what would be the depreciation expense for this machine in 2013? In 2014?
2013
2014
Depreciation Expense
$
:
:
[removed]
$
[removed]
IFRS 10-4
Ratzlaff Company issues €2 million, 10-year, 8% bonds at 97, with interest payable on July 1 and January 1.
Prepare the journal entry to record the sale of these bonds on January 1, 2014.
(Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
[removed]
[removed]
[removed]
[removed]
[removed]
[removed]
SHOW LIST OF ACCOUNTS
LINK TO TEXT
Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2014.
(Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
[removed]
[removed]
[removed]
[removed]
[removed]
[removed]
.
If machine 2 was purchased on April 1 instead of July 1, what would .docx
1. If machine 2 was purchased on April 1 instead of July 1, what
would be the depreciation expense for this machine in 2013? In
2014?
2013
2014
Depreciation Expense
$
:
:
[removed]
$
2. [removed]
IFRS 10-4
Ratzlaff Company issues €2 million, 10-year, 8% bonds at 97,
with interest payable on July 1 and January 1.
Prepare the journal entry to record the sale of these bonds on
January 1, 2014.
(Credit account titles are automatically indented when the
amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
[removed]
[removed]
[removed]
[removed]
[removed]
[removed]
SHOW LIST OF ACCOUNTS
LINK TO TEXT
Assuming instead that the above bonds sold for 104, prepare the
journal entry to record the sale of these bonds on January 1,
3. 2014.
(Credit account titles are automatically indented when the
amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
[removed]
[removed]
[removed]
[removed]
[removed]
[removed]
![If machine 2 was purchased on April 1 instead of July 1, what
would be the depreciation expense for this machine in 2013? In
2014?
2013
2014
Depreciation Expense
$
:
:
[removed]
$](https://image.slidesharecdn.com/ifmachine2waspurchasedonapril1insteadofjuly1whatwould-221125045821-7fa8a525/85/If-machine-2-was-purchased-on-April-1-instead-of-July-1-what-would-docx-1-320.jpg)
![[removed]
IFRS 10-4
Ratzlaff Company issues €2 million, 10-year, 8% bonds at 97,
with interest payable on July 1 and January 1.
Prepare the journal entry to record the sale of these bonds on
January 1, 2014.
(Credit account titles are automatically indented when the
amount is entered. Do not indent manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
[removed]
[removed]
[removed]
[removed]
[removed]
[removed]
SHOW LIST OF ACCOUNTS
LINK TO TEXT
Assuming instead that the above bonds sold for 104, prepare the
journal entry to record the sale of these bonds on January 1,](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)