4. \( \$ 800000 \) was put in a fixed deposit account on \( 1^{\text {st }} \) January, 2019 for 1 year. The rate of interest was \( 7.5 \% \) per annum. On \( 1^{\text {st }} \) January, 2020 , the total amount was reinvested for a further I year at \( 7 \% \) per amum. Calculaie the final amoum received at the end of the year.

pters 9, 10, 11) Question 14 (3 points) - Nicklaus Company has a machine that cost \( \$ 88,000 \). - They decided to sell this machine on June 30,2020 . - The balance in the accumulated depreciation account on December 31,2019 after recording the - The annual depreciation was \( \$ 64,000 \). - The machine was sold for \( \$ 52,000 \). Using the straight line method, what was the amount of the gain or loss recorded at the time of the sale?

d the compound interest on \( ₹ 10000 \) at \( 5 \% \) p.a. for \( 2 \frac{1}{2} \) years, the interest payable ye

Question 15 ( 2 points) A coal company invests \( € 12 \) million in a mine estimated to have 20 million tons of coal and no residual value. It is expected that the mine will be in operation for 5 years. In the first year, \( 1,000,000 \) tons of coal are extracted and sold. What is the depletion for the first year?

Previous Page Next Page 12 of 13 Question 19 ( 2 points) On January 1,2020 , Samwise COmpany issued \( ¥ 6,000,000,11 \%, 10 \) year bonds at face value. Interest is payable annually on January1. Prepare the journal entry to record the accrual of interest on December 31,2020 .

20 Un commerciante vende un prodotto a euro 325 , ottenendo così un guadagno del \( 30 \% \) sul costo di acquisto. Determina: \( \begin{array}{ll}\text { a. il costo sostenuto per l'acquisto } & \text { euro } 250 \\ \text { b. il guadagno conseguito } & \text { euro } \\ \text { c. il prezzo di vendita da applicare invece per guadagnare il } 30 \% \text { del ricavo } & \text { euro } 312,50\end{array} \)