答案如下
The following data pertains to a machine owned by Showman Corporation:
Historical cost: $35,000
Accumulated depreciation: $30,000
Showman uses straight-line depreciation
7 years is the useful life of the machine
No estimated salvage value was used
The machine is being sold to another company for $4,000. What amount needs to be recognized as a loss to Showman Company?
A) $1,000.
B)$9,000.
C) $4,000.
D)There is not a loss on this sale.
The correct answer was A.
Showman Company should recognize a loss of $1,000 at the time of the disposal of the difference between the carrying value of the machine and the proceeds from the sale: $35,000 - $30,000 = $5,000 carrying value, $5,000 - $4,000 proceeds = $1,000 loss on the disposition of the machine. | 
发表于 2006-4-7 19:47
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