Steel Tube And Pipe Thread Rolling Machine

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Loading Port:: Shanghai

Payment Terms:: TT OR LC

Min Order Qty:: 1 set

Supply Capability:: 100 set/month

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‍I Description of the tube and pipe thread rolling machine

This machine is for rolling full thread on rods.

This machine is hydraulic driven, stable rolling quality.

The machine is comprised of high-strength steel structure, three-axis-linkage gearbox, universal coupling, main driving motor, control system and hydraulic system.

‍II Main technical data of the tube and pipe thread rolling machine

Item	Data
Machine code	JSG-50
Diameter of spindle	35mm
Max. hydraulic pressure	8MPa
Suitable max. steel bar/tube diameter	50mm
Suitable min. steel bar/tube diameter	20mm
Suitable steel tube wall thickness	Min. 2mm
Suitable thread pitch	0.5-4mm
Accuracy of threading	±0.10mm
Total power	5.2kW
Machine dimension	1700mm x 2000mm x 1400mm
Weight of machine	850kg

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Q: Presented here are selected transactions for Snow Company for 2012.Jan. 1Retired a piece of machinery that was purchased on January 1, 2002. The machine cost $66,300 on that date and had a useful life of 10 years with no salvage value.June 30Sold a computer that was purchased on January 1, 2009. The computer cost $31,200 and had a useful life of 5 years with no salvage value. The computer was sold for $12,480.Dec. 31Discarded a delivery truck that was purchased on January 1, 2007. The truck cost $53,000 and was depreciated based on an 8-year useful life with a $6,300 salvage value.Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Snow Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2011.): Jan. 1 Retired a piece of machinery that was purchased on January 1, 2002. The machine cost $66,300 on that date and had a useful life of 10 years with no salvage value. After 10 years the machinery is fully depreciated. Dr Accumulated Depreciation--Machinery 66,300 Cr Machinery 66,300 June 30 Sold a computer that was purchased on January 1, 2009. The computer cost $31,200 and had a useful life of 5 years with no salvage value. The computer was sold for $12,480. Six months of depreciation has accumulated since the beginning of the year. 31,200 / 5 x 6/12 = $3,120 to update depreciation Dr Depreciation Expense--Computer 3,120 Cr Accumulated Depreciation--Computer 3,120 31,200 / 5 x 3 1/2 = 21,840 total accumulated depreciation at time of sale Dr Cash 12,480 Dr Accumulated Depreciation--Computer 21,840 Cr Computer 31,200 Cr Gain on Sale of Computer 3,120 Dec. 31 Discarded a delivery truck that was purchased on January 1, 2007. The truck cost $53,000 and was depreciated based on an 8-year useful life with a $6,300 salvage value. (53,000 - 6,300) / 8 = $5,837.50 to update depreciation Dr Depreciation Expense--Truck 5,837.50 Cr Accumulated Depreciation--Truck 5,837.50 5,837.50 x 6 = 35,025 total accumulated depreciation at time of sale Dr Accumulated Depreciation--Truck 35,025 Dr Loss on Disposal 17,975 Cr Truck 53,000

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Q: machinery purchsed entry and derpeciation charged for it?: The purchase: Dr. Machinery (Fixed Assets) Cr. Cash / Accounts Payable Depreciation: Dr. Machinery Depreciation Expense Cr. Machinery Accumulated Depreciation Note that the accumulated depreciation is a contra account for the fixed assets, and what appears on the Balance sheet is the net of the two figures.