hmwk_ch9 - PE 91A Feb 13 Delivery Truck Cash 13 Repairs and...

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PE 9–1A Feb. 13 Delivery Truck. ...................................................... 1,650 Cash. ................................................................. 1,650 13 Repairs and Maintenance Expense. ................... 25 Cash. ................................................................. 25 PE 9–1B Aug. 30 Accumulated Depreciation—Delivery Van. ........ 1,325 Cash. ................................................................. 1,325 30 Delivery Van. ......................................................... 1,100 Cash. ................................................................. 1,100 PE 9–2A a. $82,000 ($88,000 – $6,000) b. 20% = (1/5) c. $16,400 ($82,000 × 20%), or ($82,000/5 years) PE 9–2B a. $268,000 ($316,000 – $48,000) b. 2.5% = (1/40) c. $6,700 ($268,000 × 2.5%), or ($268,000/40 years) PE 9–3A a. $115,000 ($120,000 – $5,000) b. $2.30 per hour ($115,000/50,000 hours) c. $9,660 (4,200 hours × $2.30)
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PE 9–3B a. $72,000 ($90,000 – $18,000) b. $0.36 per mile ($72,000/200,000 miles) c. $14,400 (40,000 miles × $0.36) PE 9–4A a. $82,000 ($88,000 – $6,000) b. 40% = [(1/5) × 2] c. $35,200 ($88,000 × 40%) PE 9–4B a. $268,000 ($316,000 – $48,000) b. 5% = [(1/40) × 2] c. $15,800 ($316,000 × 5%) PE 9–5A a. $9,375 [($90,000 – $15,000)/8] b. $52,500 [$90,000 – ($9,375 × 4)] c. $8,000 [($52,500 – $12,500)/5] PE 9–5B a. $11,000 [($189,000 – $24,000)/15] b. $90,000 [$189,000 – ($11,000 × 9)] c. $10,500 [($90,000 – $6,000)/8]
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PE 9–6A a. $13,000 [($158,000 – $28,000)/10] b. $7,000 loss {$86,000 – [$158,000 – ($13,000 × 5)]} c. Cash. ................................................................................. 86,000 Accumulated Depreciation—Equipment. ...................... 65,000 Loss on Sale of Equipment. ........................................... 7,000 Equipment. .................................................................. 158,000
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hmwk_ch9 - PE 91A Feb 13 Delivery Truck Cash 13 Repairs and...

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