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chapter 10 part 1 - 11 4 year 3,500,000 385,000 6,500,000...

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17) New Truck 42,000 Acc depreciation 24,000 Old truck 30,000 Gain on used trucks 10,000 Cash 26,000 21) a) not really proper cost b) not proper cost at all c) a little bit proper cost d) proper cost e)not proper cost f) can be proper cost g) not proper cost h) can be proper cost i) proper cost BE10-1 $38,600 BE10-2 1-Mar 1,800,000 1,500,000 1-Jun 1,200,000 700,000 31-Dec 3,000,000 250,000 2,450,000 BE10-3 Principal interest 12% 5 year 1,000,000 120,000 10% 5 year 2,000,000 200,000
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Unformatted text preview: 11% 4 year 3,500,000 385,000 6,500,000 705,000 Weighted average interest rate 9.22 BE10-4 22.56% BE10-5 Equipment 80,000 Interest expense 8,000 notes payable 88,000 chapter 10 part 1 initial submission (questions 17,21, BE10-1, BE10-2, BE10-3, BE10-4, BE10-5) Weighted-average acc expenditures purchase truck 30000 useful life 10 years 16000 trade in value 6000 6000 traded for similar truck 42000 6000 trade in value 16000 26000 cash...
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