I lately found a spick and span looking 03 US nickel. How can I find out if it's worth something? (more details included)
The 2003 nickel has mirrored situation and it looks like it's made of silver. I see one on ebay that looks equal and it's going for $275! Mines not straight from the mint, I know, I just get it from a cashier as modification today LOL.Any coin collectors out there who might know how much it's worth? There aren't any scratch on it.
Where can I go online to I don`t know send it within to authenticate it or something? I really don't know much about this stuff...
Answers: Sounds similar to someone broke up a proof set and you may have the nickel within change. Look at the date - if it is a proof, it will own an 'S' mintmark under the date (for San Francisco mint).
If yours have been contained by circulation very long, it's probably with the sole purpose worth about $1. I would preserve it, though, just because it's a cool coin.
Straight vein deprection?
Jan 1, 2004 - paid $106600.00 brass plus $6400.00 in sale tax for a bright machine. The electrical device is estimated to have a six year energy and a $9800. salvage value.Dec 31, 2004 - record annual straight line deprection on machinery.
Dec 31,2005 - due to hot information earlier within the year, the machines estimated useful life span was changed from 6 to 4 years, and the estimated salvage good point was increased to $13050. record annual straight line depreciation on machinery.
dec 31,2006 record annual straight line depreciation on the machinery.
dec31,2006 sold the machinery for $25240. lolly
Prepare journal entries to copy these transactions & events.
Dec 31,2005 Debit depr. expense - machinery $27583.
dec 31,2006 debit loss on disposal of machine $15394.
I am confused on the rest can someone facilitate me out
thank you very much.
Answers: Jan 1, 2004 - compensated $106,600.00 cash plus $6,400.00 surrounded by sales import tax for a new tool. The machine is estimated to enjoy a six year life and a $9800 salvage worth.
Total cost of machine $113,000. Depreciation for 2004 = (113,000 - 9,800)/6 = 17,200. Net book meaning at 31.12.2004 = 113,000 - 17,200 = 95,800.
Dec 31,2005 - due to new information nearer in the year, the machines estimated adjectives life be changed from 6 to 4 years, and the estimated salvage value be increased to $13050. The 4 yrs is from the time of purchase, but you've already depreciated 1 yr, so you've 3 yrs left to depreciate. Depn for 2005 is (95,800 - 13,050)/3 = 27,583. Nbv at 31.12.2005 is 95,800 - 27,583 = 68,217.
Depn for 2006 is 27,583. Nbv at 31.12.2006 is 68,217 - 27,583 = 40,634.
Sales proceeds = 25,240
Loss on mart of machine = 40,634 - 25,240 = 15,394.
Who is Financial Oliphant?
Answers: They buy debts and try to collect them or resell them. This is from the Oliphant Financial Website
As one of the original debt purchasing organizations in the United States, Oliphant has helped to shape and lead an industry that has emerged as a prevalent venue for the ARM needs of many types of creditors. Today’s debt purchasing market consists of an increasing number of asset classes ranging from the traditional unsecured lines of credit, credit cards, and installment loans to unpaid service bills from service utilities, doctors and a wide range of professional services.
The utilization of a credit as a basic component in most sales strategies have created an unprecedented number of borrowing venues that continue to grow at a robust pace. Consequently, the problem of managing accounts as they cycle from early delinquency to chargeoff has become more significant than ever. Now, creditors of all types manage their chargeoffs through the use of debt sales to accelerate their recoveries, minimize operational costs and focus resources on the higher yielding accounts.