A machine used in production was acquired for $100,000, plus $5,000 to set up the machine to
Question:
A machine used in production was acquired for $100,000, plus $5,000 to set up the machine to get it operational and $3,000 to train personnel to operate it. The asset has a useful life of 10 years and a salvage value of
$10,000. Using straight-line depreciation, what is the depreciation charge in the second year of use?
A. $9,500 B. $9,800 C. $9,000 D. $10,500
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Ochieng Elphinstone
Using my technical skills in software as a service (SAAS) I have been advising and offering sales to clients of the organization, explaining to them how Brainverse CRM is the contemporary solution to companies in tracking, management, and balancing sales, expenses and revenue. In addition, training various students in basic computing using the recommended packages. Further, designing the strategic plans for the center, doing the overall outlook for all the required developments of the center, and cyber for that purpose.
having been a site Engineer, responsible for the supervision, analysis, and rough design of various contracted projects was my portion. Carrying out related collaborations of the legal aspects of projects’ handling as required by the various departments of the counties involved.
As an IT executive, I have also been responsible for the performance, management, and development of the existing network using proper administration of the OS (using applicative MS Windows Domain, Active Directory, DNS, and MS Local Security). Control and utilization of all relevant resources for the networking materials. Management and quality control of all work for a team leader. Performing quality maintenance and preventive maintenance. Liaising with the service providers to maintain a constant flow of service for data and voice services. Troubleshooting computers and other peripheral devices for various users in the organization. Monitoring storage of the entire system using MS Windows server.
1+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
