Computer Equipment (Office Equipment) Purchased 6 1/2 Years Ago for $170,000

question 175

Essay

Computer equipment (office equipment) purchased 6 1/2 years ago for $170,000, with an estimated life of 8 years and a residual value of $10,000, is now sold for $60,000 cash. (Appropriate entries for depreciation had been made for the first six years of use.) Journalize the following entries:
(a)Record the depreciation for the one-half year prior to the sale, using the straight-line method.(b)Record the sale of the equipment.(c)Assuming that the equipment had been sold for $25,000 cash, prepare the entry to record the sale.

Understand the scientific evidence (or lack thereof) linking vaccinations to autism.

Recognize the importance of early emotional and social interventions in mitigating the effects of difficult childhood temperaments.

Grasp the significance of contact comfort and social responses in the early emotional development of infants.

Understand the influence of day-care quality on children’s behavior and social development.

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Definitions:

Paraphrase

The act of rewording or rephrasing a text or passage to achieve clearer understanding, often to simplify or clarify the original message.

Secondary Source

Information that was created later by someone who did not experience first-hand or participate in the events or conditions being researched.

Paraphrasing

The act of rewording or rephrasing text or speech to clarify its meaning or to present it in a different manner, while retaining the original message.

Secondary Source

Information that has been interpreted, analyzed, or summarized from primary sources, often used in research.