On 1st January 2014, a company purchased Machinery for $200,000. Depreciation was charged under the straight-line method 10% p.a. At the end of 2016, the company has decided to change the depreciation method straight line to diminishing balance 15% p.a. effective from the very beginning. The accounts are closed on 31 December each year.
Required: Machinery account from 2014 to 2016​

Answers

Answer 1

The machinery account from 2014 to 2016 based on the straight-line and diminishing balance methods will look like:

                                              Machinery a/c

1/1/14   Bank                        $200,000 12/31/14 Depreciation       $20,000

                                                                            Balance c/d         $180,000

                                           $200,000                                            $200,000

1/1/15   Balance b/d           $180,000 12/31/15 Depreciation        $20,000

                                                                            Balance c/d         $160,000

                                           $180,000                                              $180,000

1/1/16   Balance b/d      $160,000  12/31/16  Depreciation             $20,000

                                                                       Income Statement -  $17,175

                                                                       Depreciation

                                                                       adjustment

                                                                       Balance c/d             $122,825

                                           $160,000                                            $160,000

What is the machinery account balance for the three years?

The depreciation for 2014 and 2015 is:

= 200,000 x 10%

= $20,000

In 2016, the depreciation changes to diminishing balance. The income adjustment will be:

= Balance in 2016 using straight-line - Balance using diminishing balance

= 140,000 - 122,825

= $17,175

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Related Questions

a short note on the rise of Mali empire

Answers

Explanation:

The Mali Empire

Established by King Sundiata Keita, known as the “Lion King,” the Mali Empire brought wealth, culture, and Islamic faith to West Africa.Kirina, Mali

Modern day Kirina, this town used to be one of the main strongholds of the Mali Empire. The pivotal battle of Kirina was fought here in 1235 C.E.From the 13th to 17th century, West Africa was home to the great Mali Empire.

pls mark me brainliest answer

Answer:

The rise of the Mali Empire can be traced back to Sundiata, or the “Lion King,” as some called him. After seizing the former capital of the Ghana Empire in 1240, Sundiata and his men consolidated control while continuing to expand the Mali Empire. Often times, the officers of his court wielded great power, which was crucial to keeping the empire strong during periods of poor leadership.

Mali had kings, called Mansa. The Mali Empire would reach a height of strength during the reign of Mansa Musa I. Territorial expansion coincided with cultural advancements, particularly in architecture, and the empire flourished. Using his large army, Musa doubled the empire’s territory. This allowed the kingdom to enjoy the benefits of being at the center of trade in Africa. In 1324, Musa undertook a pilgrimage to Mecca during which he spent and gave away all of his gold. As a result, stories of the wealth of the Mali king spread far and wide.

Explanation:

Hope It Helps!!!

Judaism was founded in a region called Israel, which is shown on the map at letter

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Answer:

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all of the following developments in song dynasty china were important factors in the accumulation of wealth outlined in the first paragraph except

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The answer choice that WAS NOT part of the developments in Song Dynasty is an increase in technological innovations in China

What is a Dynasty?

This refers to the succession of rulers from a particular line of family or tribe over a group of people.

Hence, we can see that from the complete text, there is the narration about the Song Dynasty and the various factors that led to an accumation of wealth and an increase in technological innovations in China was not mentioned.

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Who created the great compromise

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Answer:

Roger Sherman created the great compromise.

What Supreme Court does it describe lol

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Gideon V. Wainwright

Chaldeans produced beautiful woven fabrics from cotton.


True False

Answers

Yes, it is true that Chaldeans produced beautiful woven fabrics from cotton.

What type of clothing was made by the Chaldeans?

Mesopotamia was the home of the Chaldeans, and cotton textile fragments dating back thousands of years have been discovered there.

Five fragments of cotton textiles dating possibly from the 3rd century BC to the 3rd century AD were found in the At-Tar caves.

This demonstrates that cotton must have been employed by the Chaldeans to weave their textiles.

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Which great foreign diplomat coined the phrase "iron curtain"? winston churchill charles de gaulle joseph stalin clement attlee

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Answer:

Winston Churchill during the on set if the cold war

By 2050, the world population is expected to reach __________ billion people. a. 4 b. 6 c. 9 d. 12

Answers

Answer:

4

Explanation:

I really think 2bil but the option is not here

Answer:

C. 9 billion

Explanation:

The world's population is expected to reach 9 billion by the year 2050.

Hope it helped!

Now that you've started to think more about your topic, it's time to write your essay. Use the Process section to help you write a well-structured
response to the question you've picked.
Process
Follow the steps below to complete your essay, and use the links provided to assist with your research and writing. When you have finished your
essay, use the drop box to submit it to your teacher.
1. Gather sources. Begin by gathering additional sources C-either online or otherwise-to support the views you pre
each source, consider these questions:
Who authored the document?
What is the purpose of the document?
When was the document written?
What significant historical event or movement does the document represent?
2. Read and evaluate sources. Examine each source C and think about how you will use to support a thesis. Be an active researcher by
asking the following questions about each source you reference:
What is the credibility of the source?
• Is there any noticeable bias?
How does the author form his or her argument?
What important themes, main ideas, and arguments are presented in the document?
3. Write your essay. Refer to your notes and the provided documents to write a short essay 2. Be careful to keep the following ideas in
mind:
To avoid plagiarism, make sure to cite your sources properly with in text citations E and a works cited page C.
When you finish, reread the essay to check for all of the points above, and then proofread it to be sure your work doesn't contain
errors in grammar or spelling.
B
Y x % 15px
AVL'EEEFEEDSEB

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A good essay must be written by following certain rules, and standard format, and should be well-connected to the topic/question. Although each content must unique, some common structure that could be followed include:

Think about the topic/question, and analyze it.Jotting down certain thoughts related to the topic/question and making a flow chart of some ideas. While writing an essay, break the content into different paragraphs. There must be at least 3 paragraphs. The first must be an introduction, and the second and the others should contain the main content, and the last should be a concluding paragraph. And each paragraph must have a topic statement, and the rest of the content must be centered around the topic sentence.

By following these rules and properly structured/format, one will be able to write a good essay.

Disclaimer:

Your question was incomplete. Please check below for the full content.

"How to write a good essay?"

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French soldiers brought home ideas about government and rights from the American Revolution, including news of the Declaration of Independence. One of the ideas presented in the Declaration of Independence is equality for all. Englishman Thomas Hobbes and which other Enlightenment thinker proposed this idea

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The other Enlightenment thinker who proposed the idea of ​​equality for all and influenced the Declaration of Independence was Rousseau.

What is Rousseau's theory?

Considered one of the main philosophers of the Enlightenment, Jean-Jacques Rousseau believes that the social contract would be the necessary instrument to protect the well-being, freedom and security of individuals.

Therefore, Rousseau's Enlightenment ideas influenced the formalization of the constitution and civil society to protect the rights of individuals in a structured way.

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pls help me explain totalitarianism​

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Answer:

totalitarianism means that the government holds total power over citizens this includes one single political party, media, and rights of the citizens

What was a result of creating rail standardization?
Railways were able to transport meat without spoilage.
Trains provided cars with pull-down beds for overnight travel.
Trains from different rail lines could use each other’s tracks.
Rail companies began to create their own styles of rails and tracks.

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The result of creating rail standardization is that trains from different rail lines could use each other’s tracks.

What is standardization?

Standardization allows the same system across board.

It allows different train to move on same rail without restrictions this was done to ease the movement of train.

Therefore, The result of creating rail standardization is that trains from different rail lines could use each other’s tracks.

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Answer:

C. Trains from different rail lines could use each other’s tracks.

3. Which of the following describes the way power was shared under the Articles of
Confederation?
a. The federal government had a few powers but could not enforce them without
the help of the state governments.
b. The state governments had many powers but relied on the federal government
to enforce them.
c. The state and federal governments had equal powers and worked together to
create a stronger nation.
d. Neither the federal nor the state governments had much power, leaving people
to govern themselves.

Answers

B. The state governments has many powers but relied on the federal government to enforce them

Which permanent changes to the federal government resulted from the new deal? a. it expanded the role of governmental actions in american life and business. b. it created policies that transferred some of the authority to the states. c. it created policies that established work programs that continue today. d. it expanded the power of the federal reserve to fundamentally reform banks.

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The permanent changes in the New Deal expanded the role of governmental actions in American life and business.

What Was The New Deal?

  The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939

   The Major aim of the New deal was to provide relief for the unemployed and for the poor, recovery of the economy back to normal levels, and reform of the financial system to prevent a repeat depression.

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Answer:

"expanded the role of governmental actions in Americanlife and business."

Explanation:


6. Which negative characteristic of an assertive person can cause them to assume that everything will be positive and work out, which
can create issues when trying to meet new goals?
A. Overconfidence
OB. Self-doubt
O C. Shyness
D. Calmness

Answers

It’s self doubt at least it should be

The negative characteristic of an assertive person can cause them to assume that everything will be positive and work out, which can create issues when trying to meet new goals is Overconfidence. Thus the correct answer is A.

What are the characteristics?

Characteristics refer to traits or features of one personality which help to identify them from others. These features are unique in nature and considered as both positive and negative characteristics.

A positive characteristic of one's nature helps them to achive good fame whereas negative characteristics lead to facing consequences in decision making.

Overconfidence is referred to as a negative characteristic that reflects that a person is excessively confident in his thoughts and neglects the elements that might affect his ability to perform successfully.

Therefore, option A is appropriate.

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Which of these factors was not a reason why European colonists purchased
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A. Enslaved Africans were used as overseers to force indigenous
workers to complete their tasks.
B. Enslaved Africans were not familiar with American terrain, so they
could not escape the plantations.
C. Enslaved Africans were farmers who knew how to cultivate crops
and work the land.
D. Enslaved Africans were immune to many European diseases
because of Africa's proximity to Europe.

Answers

Answer:

The Answer is A

Explanation:

In the Americas, enslaved Africans arrived in the new world because Indigenous workers died too quickly from epidemic disease. Essentially, Enslaved Africans replaced indigenous workers.

Please I need help with this can someone show me how to do this?

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Primary source

annual report for the year 2014 issued by fault motor company, the letter of Abigail Adam by Abigail Adam,  narrative of the life Frederick Douglas and American slave by Frederick dockless

Secondary source

A matter of choice memories of a female physicist by day ajzenberg seleove, baseball by can burns a documentary film about the history of baseball, analysis of a drawing by Leonardo da Vinci in National geographic magazine

What is primary source?

The closest sources to the information's source are referred to as primary sources. They need to be interpreted by academics because they are raw data. Secondary sources frequently interpret main sources since they are connected to them.

Thus, statement are matched

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What impact does the church have on a visitor?

Answers

Answer:

Tension

Explanation:

Visiting a church creates a certain amount of tension, a low level angst if you will. Good signs, both inside and outside the church, help alleviate that a bit. The last thing you want to do visiting a new church is to screw it up by parking in the wrong space or walking in the wrong door or whatever.

PLEASE HELP :)
Nelson Mandela's role in South African politics changed after the end of
apartheid because:

A. he was elected to office as the most powerful political leader in
South Africa.

B. he increasingly argued that white citizens should be forced to
leave South Africa entirely.

C. he shifted from being a supporter of Desmond Tutu to being one
of his fiercest rivals.

D. he began to believe that communism could end South Africa's
economic problems.

Answers

Answer:

I think the answer is D. he began to believe that communism could end South Africa's economic problems.

Explanation:

I am not fully sure, but I hope this helps! Correct me if I am wrong.

The drama class at a middle school was preparing for their spring play in the school auditorium. One week before the performance, a parent complained to the school board that the play was inappropriate for middle school students. The school board agreed and contacted the principal, who then informed the classes that the show was canceled. Students were upset that their preparations were a waste. They believe they have the right to freedom of expression in performing the play. The school board said that students are minors and that it must approve decisions about what is presented in school by teachers or students. The students did not have time to plan a different show. A group of the students’ parents brought the case to court on their behalf, but they lost the case in state district court. The student's parents appealed the district court’s decision to their state court of appeals. There the students and their parents won the case, but the school board appealed the decision to their state-level supreme court. The state supreme court ruled in favor of the school board. Unhappy with the state supreme court’s decision, the students’ parents are now appealing to the U.S. Supreme Court. How is this case similar to the Hazelwood v. Kuhlmeier case?

Answers

.................................................................................

...........................................................................

..................................................

way to long make it shorter


Which of the following shifts would be considered an increase in demand?

Answers

Answer:

It would be option D, D1 to D2, here the demand curve shifts to the right noting an increased demand

Explanation:

In the given graph, the shift that is considered to be an increase in demand is D₁ to D₂.

How is a shift in demand shown?

The Demand curve is the downward sloping curve to show that quantity demanded in higher at lower prices.

When there is an increase in demand (shift factor), the demand curve should move to the right. This is shown by the movement of D₁ to D₂.

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Which of the following were issues in the 1800 campaign? Check all of the boxes that apply.

the Alien and Sedition Acts

support for Spain

the increase in the federal government’s power

views on religion

taxation without representation

Answers

Some of the main issues in the 1800 campaign were:

The Alien and Sedition Acts.Increase in the federal government’s power.Views on religion.

What were the significances of the 1800 election?

First election wherein each event ran applicants and in fact campaigned. there was a tie between Thomas Jefferson and Aaron Burr. because of the election of 1800, the twelfth change becomes surpassed, making the Electoral university simpler.

"Democratic-Republican Thomas Jefferson defeated Federalist John Adams via a margin of seventy-three to sixty-5 electoral votes within the presidential election of 1800. Whilst presidential electors forged their votes, however, they failed to differentiate between the office of president and VP on their ballots.

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Answer:

A, C, D.
(The Alien and Sedition Acts

The increase in the federal government’s power

Views on religion)


EDGE 2022; Good Luck!!! :D

which one of these individuals would belong to the romans empire commans class

Answers

Explanation:

Farmers,breakers,builders and craftman's

HELP!!Why were some women against voting rights for women?
A. They were afraid of what men would do to them.

B. They were too busy with household work to vote.

C. They believed it went against the natural order of things.

D. They were afraid to vote.

Answers

Answer:

C. They believed it went against the natural order of things.

Explanation:
Back then women attended to the children and housework because it was expected and just how things were. Many fought for more rights for women but those who didn’t believed it was unnatural for these rights such as the right to vote to be out in place. Hope this helps :)

I agree, the answer is c :)

Read this passage:
"A government relies on elected officials to make important decisions. Once every two years, citizens are able to vote for leaders to serve as their representative in a national legislature. These representatives spend all of their time researching, proposing, and debating the best policies for the country. After a new policy has been reviewed, representatives vote on it, with the majority determining the outcome."

The government described in the passage most reflects the features of which type of democracy?
A. Presidential democracy
B. Indirect democracy
C. Parliamentary democracy
D. Direct democracy

Answers

Features of the parliamentary democracy are reflected in this passage.

More about parliamentary democracy

In a parliamentary democracy, the prime minister and the cabinet make up the government.The head of the government and the political chief executive is the prime minister.Ministers that serve in the cabinet and are in charge of various government departments make up the cabinet.The executive branch and the government are synonymous in a parliamentary system.Governments are NOT chosen by people in a parliamentary democracy. Instead, people choose representatives, who then negotiate who gets to run the country.

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Answer:

indirect democracy

Explanation:

Why was a measure of self-government necessary in the colonies during the colonial era?
OB.
OA. Self-government was the only way to protect North American colonists' liberties.
Great Britain did not want to govern Its North American colonies.
OC. Self-government was similar to the way the Native Americans
OD. The North American colonies were far away from Great Britain.
governed.

Answers

Answer:

The measure of self-government was necessary in the colonies during colonial era because self government was similar to the native Americans governed. The option (C) is correct.

Explanation:

What is self-government?

Self government refers to the governing power in the hands of native citizens of the country.

The American colonizers believed that they should have the right to govern their country instead of the outsiders. All the rules and regulations must be formulated by the native Americans. This beliefs further led to American revolution.

Thus the correct option is (C).

Explanation:

self government was similar to the way the Native American. So the answer would be C

Select the correct answer. Read the excerpt from the text. (5) There can be no doubt that they flock and fly to the big moving creatures they see or smell. Maybe we had gathered the whole mosquito product of many acres. This is shown by the facts that if one rushes through thick bushes for a distance, into a clear space, the mosquitoes seem absent at first. One must wait a minute or so to gather up another legion. When landing from a boat on the Northern Lakes there are comparatively few, but even in a high wind, a walk to the nearest hilltop results in once again moving in a cloud of tormentors. How is the author's idea about Northern Territory mosquitoes developed in paragraph 5? A. He suggests the mosquitoes are attracted to large moving creatures. B. He describes how persistent the swarms are no matter the environment. C. He provides details of his personal experience as they traveled. D. He explains why the mosquito situation grew worse in the wilderness.

Answers

Answer:

The answer would be B.

Explanation:

The author elaborates on how the swarms move around.

Northern Territory mosquitoes were the inspiration for the author's idea in He talks about how the swarms remain tenacious in any situation.  thus option (B) is correct.

Who is author?

a literary work's creator (such as a book) a well-known author is someone who makes or originates anything, such as a software developer or a screenwriter. A writer is someone whose writing has been made public. People who write are considered writers when they create the concepts and content of their written.

Australia's Northern Territory, also known as NT, is a sizable federal territory known for its Outback arid landscapes. The famous sandstone monolith Uluru (Ayers Rock), the red-rock spires of Kata Tjuta, and the sculpted cliffs of Kings Canyon are all located in the dry Red Centre.

Therefore, thus option (B) is correct.

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Although the supreme court had ordered an end to segregated public schools in 1954, many schools remained segregated in the early 1970s because

Answers

The reason why many schools remained segregated until the early 1970s was because children went to schools in their neighborhoods.

Why did segregation in schools continue?

People of different races often lived in different neighborhoods with the Whites occupying better residents in the city.

As students often went to schools in their neighborhood, it meant that the people in these schools would mostly be of the race that occupied the neighborhood.

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In 2010, the United States conducted a census to count all citizens in each state. The results were used to reassess the number of seats each state was awarded in the House of Representatives. States whose populations had increased, like Texas and Florida, gained seats in Congress, while states whose populations had decreased, like New York and Ohio, lost seats

Answers

The U.S. Constitution empowers Congress to carry out the census in "such manner as they shall by Law direct" (Article I, Section 2). The Founders of our fledgling nation had a bold and ambitious plan to empower the people over their new government.

Explain which constitutional principle this scenario illustrates. What evidence led you to that conclusion?

This scenario illustrates the principle of republicanism. This principle means a representative government. The representation is evident when the results from the census were used to reassess the number of seats each state was awarded in the house of representatives.

The constitutional principle that the 2010 Census scenario with gained and lost seats illustrates is called reapportionment. It is explained in Article Two of the US Constitution.

What is the American Constitution in simple terms?

The Constitution defines the fundamental law of the U.S. federal government, setting forth the three principal branches of the federal government and outlining their jurisdictions. It has become the landmark legal document of the Western world and is the oldest written national constitution currently in effect.

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The constitutional principle that worked during the estimation of the 2010 Census is referred to as reapportionment.

Which constitutional principle worked in the 2010 Census?In 2010, there was a census held in the United States that was widely participated in. The result of the census was determined through reapportionment. In conducting the decennial census, the seats of the U.S. House of Representatives were reapportioned. The seats of the legislative body are distributed among administrative units and subdivisions. This had a direct impact on the elections conducted in 2012. Therefore, reapportionment was a constitutional principle operative in the 2010 decennial census. Article two of the US Constitution explains the nature, scope, and features of reapportionment.

Therefore, the constitutional principle that worked during the estimation of the 2010 Census is referred to as reapportionment.

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independent clauses, dependent clause.

Answers

A dependent clause  is one that needs no additional information to communicate meaning. The dependent and independent clauses are indicated as categorized below.

What are the dependent clauses and the independent clauses?

Dependent clause:

1) Even though they were exhausted from their long day,

2) to name just a few of his contributions to science

3) which is being taught at the community center this winter

4) After a huge victory last week

Independent clause:

1) the seventh graders held a dance that night, and the wight graders saw a play.  

2) Isaac Newton described the relationship between force, mass, and acceleration and he made discoveries in optics and mathematic,

3) Nikki has leaned some computer coding, but she also wants to study graphic design,

4) ...the Jayhawks are a favorite in today's game, so a trip to the playoffs could be in their future.

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