Answer Happy

11 Bought-a-piece-of-equipment-for-$40,000-dollars-on-January-1st-Salvage-value-was-$7,000-and-useful-life. was-6-years.--Estimated-output-was-120,000-units.-2009-output-was-30,000-and-2010-output-was. 20,000. 1) Make-adjusting-entries-for-2009-and-2010-for-Straight-line, Units-of-Production, Double-declining. and-sum-of-the-years. 2) Make-the-adjusting-entries-for-2009-and-2010-for-straight-line, units-of-production, double. declining-and-sum-of-the-years-if-the-equipment-was-bought-on-May-1st... N Select an
Walking Company-thinks-that-they-may-have-an-impairment-of-one-of-the-most-valuable-pieces-of. equipment-they-own-The-cost-of-the-equipment-is-$2,000,000-dollars-and-the-accumulated. depreciation-is-$400,000.-The-future-cash-flow-of-the-equipment-is-estimated-at-$1,400,000.-The-fair. value-of-the-equipment-is-$1,300,000. 1 Please-determine-if-an-impairment-has-happened-and-make-any-necessary-journal-entries.if.one-has-