HarringtonCorp.purchasedatractofland,asmallofficebuilding,andsomeequipmentfor$1,500,000.Theappraisedvalueofthelandwas$850,000,thebuilding$675,000,andtheequipment$475,000.Whatisthecostoftheland?
A. $481,667
B. $637,500
C. $850,000
D. $936,000
查看答案
Acompanyboughtanewmachinefor$17,000onJanuary1.Themachineisexpectedtolast4yearsandhavearesidualvalueof$2,000.Ifthecompanyusesthedouble-declining-balancemethod,accumulateddepreciationattheendofyear2willbe:
A. $10,880
B. $11,250
C. $12,750
D. $15,000
Oneofthefollowingstatementsaboutdepreciationisfalse.Whichstatementisfalse?
A. Depreciationisaprocessofallocatingthecostofaplantassetoveritsusefullife.
B. Thecostofaplantassetminusaccumulateddepreciationequalstheasset’sbookvalue.
C. Recordingdepreciationcreatesafundtoreplacetheassetattheendofitsusefullife.
Depreciationisbasedonthematchingprinciplebecauseitmatchesthecostoftheassetwiththerevenuegeneratedovertheasset’susefullife.
Acapitalexpenditure
A. isexpensedimmediately.
B. recordsadditionalcapital.
C. isacreditlikecapital(owners’equity)
D. addstoanasset.
Whichofthefollowingitemsshouldbeaccountedforasacapitalexpenditure?
A. Themonthlyrentalcostofanofficebuilding.
B. Salestaxespaidinconjunctionwiththepurchaseofofficeequipment.
Costsincurredtorepairleaksinthebuildingroof.
D. Maintenancefeespaidwithfundsprovidedbythecompanycapital.
微信支付 
支付宝支付