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3 point I spent $100,000 on a new machine with a salvage value of $4000. What is the depreciable cost for straight line and units
3 point I spent $100,000 on a new machine with a salvage value of $4000. What is the depreciable cost for straight line and units of production(output)? O cannot be determined O $96,000 $104,000 $100,000 QUESTION 28 3 points A $400 petty cash fund has $100 in cash remaining and $280 in receipts. When John replenishes the fund, the journal entry will include: O a credit to cash of $280 a credit to petty cash of $300 O a $20 debit to cash short and over a $20 credit to cash short and over 3 poi QUESTION 30 Maria Bought heavy wooden furniture that will last a lifetime. What method do you think she should use to depreciate it? O LIFO Units of Production (output) Straight line Double Declining Balance Which is NOT a natural resource? O Gas Patent Oil O Timber
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