$27,367
$31,233
2.
Cash
Cr. Tool inventory
$7,850
$ 7,850
$278.5
$2336
$559.5
$278.5
$8354
$9926.5
$9926.5
5. Because of this transaction cash will increase by 75 and rain sale will be
75 and we have to deduct accumulated depreciation(office) and office
machine by 1027.
Dr. Cash
$75
$75
$1027
$36.75
$80
$431.75
Cr. Furniture
$490
$21.75
7. Depreciation for the year for building, factory machine, furniture and
fixtures, automobile equipment, office machine will be as follows:
Dr. Depreciation Exp- building
$48105.18
$33095.2
$5599.4
$9988.8
$9988.8
$4150.7
$4150.7
$33095.2
Land
Building
Less. Accumulated Depreciation-Building
16,937,74.82
Factory machinery
Less. Accumulated Depreciation-factory machinery
14,484,25.8
Furniture &fixtures
Less. Accumulated Depreciation-Furniture &fixture
10,389.6
Automobile Equipment
Less. Accumulated depreciation-automobile equip.
7,979.2
Office machines
Less. Acc.Depreciation office machine
10378.3
186,563
2,405,259
(7,114,84.18)
33,943,52
(1945926.2)
55,994
(4,560.44)
49,944
(41,964.8)
41,507
(31128.7)
3357510.72