On the job Smith computer center chapter 4

At the end of September, That took a complete inventory of his supplies and found the following

3 Dozen screws at a cost of $5.00 a dozen

6 dozen screws at a cost of $10.00 a dozen

5 Cartons of computer inventory paper at a cost of $8.00 a Carton

7 feet of coaxial cable at a cost of $11.00 per foot.

After speaking to his account, the found that a reasonable depreciation amount of each of his long-term assets is as follow:

1800, Computer purchased July 5, 201x Depreciation $50. A month

3300,Office equipment purchased July 17, 201x Depreciation $55 a month

2100,Computer workstations purchased Sept, 17, 201x Depreciation $35 a month

That uses the straight-line method of depreciation and declares no salvage value for any of the assets. If any long-term asset is purchased in the first 15 as of the month, he will charge depreciation for the full month. If an asset is purchased on the 16^th of the month, or later, he will not charge depreciation in the month it was purchased.

I need the residual values

Account Titles	Trial Balance		Adjustments		Adjusted Trial Balance		Income Statement		Balance Sheet
	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.
Cash	2,120.00
Account Receivable	2,700.00
Computer Supplies	500.00
Computer Shop Equipment	3,900.00
Office Equipment	3,300.00
Prepaid Rent	1,500.00
Accounts payable		170.00
Feldman Capital		6,000.00
Feldman Withdrawals	175.00
Computer Repair Fees		10,220.00
Advertising Expense	900.00
Rent Expense	500.00
Utilities Expense	160.00
Phone Expense	115.00
Insurance Expense	450.00
Postage Expense	70.00
	16,390.00	16,390.00

On the job smith computer center chapter 4

At the end of September, That took a complete inventory of his supplies and found the fallowing

3 Dozen screws at a cost of $5.00 a dozen

6 dozen screws at a cost of $10.00 a dozen

5 Cartons of computer inventory paper at a cost of $8.00 a Carton

7 feet of coaxial cable at a cost of $11.00 per foot.

After speaking to his account, the found that a reasonable depreciation amount of each of his long-term assets is as follow:

1800,Computer purchased July 5, 201x Depreciation $50. A month

3300,Office equipment purchased July 17, 201x Depreciation $55 a month

2100,Computer workstations purchased Sept, 17, 201x Depreciation $35 a month

That uses the straight-line method of depreciation and declares no salvage value for any of the assets. If any long-term asset is purchased in the first 15 as of the month, he will charge depreciation for the full month. If an asset is purchased on the 16^th of the month, or latter, he will not charge depreciation in the month it was purchased.

I need the residual values

Account Titles	Trial Balance		Adjustments		Adjusted Trial Balance		Income Statement		Balance Sheet
	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.	Dr.	Cr.
Cash	2,120.00
Account Receivable	2,700.00
Computer Supplies	500.00
Computer Shop Equipment	3,900.00
Office Equipment	3,300.00
Prepaid Rent	1,500.00
Accounts payable		170.00
Feldman Capital		6,000.00
Feldman Withdrawals	175.00
Computer Repear fees		10,220.00
Advertesing Expense	900.00
Rent Expense	500.00
Utilities Expense	160.00
Phone Expense	115.00
Insurance Expense	450.00
Postage Expense	70.00
	16,390.00	16,390.00