# Accumulated Depreciation Assignment

Agua Pure is a distributor item. (Round your answers to the nearest wh f bottled water. For each of the items, compute the number of cash receipts or payments Agua Pure will budget for September. The solutions one item may depend on the answer to an earlier dollar.) (Click the icon view the items.) a. Management expects to sell equipment that costs \$15,000 at a gain of \$9,000.

Accumulated depreciation on this equipment is \$5,000. The amount of cash receipts the company will budget for the sale of the equipment is \$ 19,000 a. b. Management expects to sell 7,100 cases of water in August and 9,200 cases in September. Each case sells for \$14. Cash sales average 40 % of total sales, and credit sales make up the rest. Three-fourths of sales are collected in the month credit sale, with the balance collected the following month. 124,390 b. The amount of cash receipts the company will budget for the collection of sale revenue is \$ c. The company pays rent and property taxes of \$4,400 each month. Commissions and other selling expenses average 20 % of sales. Agua Pure pays one-half of commissions and other selling expenses in the month incurred, with the balance paid the following month. More Info The amount of cash payments for total expenses the company will budget for September is \$ c. a. Management expects to sell equipment that cost \$15,000 at a gain of \$9,000. Accumulated depreciation on this equipment is \$5,000. and 9.200 b in September, Each case sells for \$14, Cash sales average 40% of total sales and credit sales make up the rest. Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month. c. The company pays rent and property taxes of \$4,400 each month. Commissions and other selling expenses average 20% of sales. Agua Pure Enter any number in the edit fields and then click Check Answer Od with the balance Paid the following month es in the month Cloar Al All parts showing I. .

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