Tuesday, February 25, 2020

Younger Bus Lines Research Paper Example | Topics and Well Written Essays - 250 words

Younger Bus Lines - Research Paper Example Kelm Company purchased a new machine on October 1, 2008, at a cost of $120,000.The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for 10,000 working hours during its 5-year life.Brainiac Company purchased a delivery truck for $30,000 on January 1, 2008. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2008 and 12,000 in 2009.Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Ingles Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2007.) (List multiple debit/credit entries in descending order of amount.)Beka Company owns equipment that cost $50,000 when purchased on January 1, 2005. It has been depreciated using the straight-line method based on estimated salvage value of $5,0 00 and an estimated useful life of 5 years.In recent years, Juresic Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected.For the declining-balance method, the company uses the double-declining rate.

Saturday, February 8, 2020

Wegmans culture Essay Example | Topics and Well Written Essays - 1750 words

Wegmans culture - Essay Example As culture determines the way of life existent within in a society, it also serves to determine the methods under which daily operations are carried out in any given company around the world, no matter how big or small they may be. In order to illustrate this important principle, this paper will take a look at the Wegmans corporation. The companies mission, values, and corporate culture will be analyzed and explained. Wegmans dates way back to 1916, when John Wegman opened the Fruit and Vegetable company in Rochester, New York. With his brother joining him a year later, this was truly a family oriented business that has withstood the test of time. The company has a long and proud history trough the Northeastern United States, as stores have been opened throughout New York State, Pennsylvania, and New Jersey, among others. Entering into the 21st Century, Wegmans had risen to the level of being recognized as one of the top 100 best companies to work for in the United States, demonstrating their commitment to treeing all employees like members of the family (Wegmans 2013). Most notably, Wegmans is noted to be a regional supermarket chain in the United States, and has become one of the largest private companies in all of America. From its inception, the management of the corporation has focused on creating a supermarket that is known to provide an enhanced shopping experience when compared to competitors. They do this by striving to provide better quality good, with an abundance of different choices for the consumer, and by making available truly restaurant quality prepared food that shoppers can take home to their families. In addition, all stores are kept beautiful and modern, employees receive tremendous training in corporate culture in order to provide ready and knowledgeable assistance to all shoppers that come through the doors. While prices have