Question: Hello I need help with BE 9 . 9 - BE 9 . 1 7 BE 9 . 9 ( L O 3 ) Fielder

Hello I need help with BE 9.9- BE 9.17
BE9.9(LO3) Fielder Company obtained land by issuing 2,000 shares of its $10 par value common stock. The land was recently appraised at $85,000. The common stock is actively traded at $40 per share. Prepare the journal entry to record the acquisition of the land.
BE9.10(LO 3) Navajo Corporation traded a used truck (cost $20,000, accumulated depreciation $18,000) for a small computer with a fair value of $3,300. Navajo also paid $500 in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.)
BE9.11(LO3) Use the information for Navajo Corporation from BE9.10. Prepare the journal entry to record the exchange, assuming the exchange lacks commercial substance.
BE9.12(LO3) Mehta Company traded a used welding machine (cost $9,000, accumulated depreciation $3,000) for office equipment with an estimated fair value of $5,000. Mehta also paid $3,000 cash in the transaction. Prepare the journal entry to record the exchange. (The exchange has commercial substance.)
BE9.13(LO 3) Cheng Company traded a used truck for a new truck. The used truck cost $30,000 and has accumulated depreciation of $27,000. The new truck is worth $37,000. Cheng also made a cash payment of $36,000. Prepare Cheng's entry to record the exchange. (The exchange lacks commercial substance.)
BE9.14(LO 3) Slaton Corporation traded a used truck for a new truck. The used truck cost $20,000 and has accumulated depreciation of $17,000. The new truck is worth $35,000. Slaton also made a cash payment of $33,000. Prepare Slaton's entry to record the exchange. (The exchange has commercial substance.)
BE9.15(LO4) Indicate which of the following costs should be expensed when incurred.
a. $13,000 paid to rearrange and reinstall machinery.
b. $200,000 paid for addition to building.
c. $200 paid for tune-up and oil change on delivery truck.
d. $7,000 paid to replace a wooden floor with a concrete floor.
e. $2,000 paid for a major overhaul on a truck, which extends the useful life.
BE9.16(LO 5) Ottawa Corporation owns machinery that cost $20,000 when purchased on July 1,2021. Depreciation has been recorded at a rate of $2,400 per year, resulting in a balance in accumulated depreciation of $8,400 at December 31,2025. The machinery is sold on September 1,2026, for $10,500. Prepare journal entries to (a) update depreciation for 2026 and (b) record the sale.
BE9.17(LO 5) Use the information presented for Ottawa Corporation in BE9.16, but assume the machinery is sold for $5,200 instead of $10,500. Prepare journal entries to (a) update depreciation for 2026 and (b) record the sale.
 Hello I need help with BE 9.9- BE 9.17 BE9.9(LO3) Fielder

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