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  3. 1. on january 1, 2017 the following machines were

1. On January 1, 2017 the following machines were acquired for cash: Production machines costs...

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Accounting

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1. On January 1, 2017 the following machines were acquired for cash: Production machines costs Marketing machines costs $ 6,000 $3,000 Administrative machines costs $1,500 firm uses the The expected useful life of all machines is five years, no salvage value, and the straight-line method. 2. On January 2, the firm purchased for cash raw materials at cost of $5,000. 3. On January 3, the following materials were issued for use: Production machines costs $ 2,000 Marketing machines costs $ 500 Administrative machines costs $250 4. On January 14, the company paid the payroll: Production machines costs $3,000 Marketing machines costs $2,000 Administrative machines costs $1,500 5. On January 18, the firm paid the following expenses: Production machines costs $500 Marketing machines costs $300 Administrative machines costs $200 6. Cash sales during January were $15,000. 7. A fire destroyed raw material of $100. 3. How much is the amount of unexpired cost

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