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multiple choice. please answer all parts in order. thank you. Pebble Besch Compary buys a picce of equignsent for $52.000. The equpment has a usefud
multiple choice. please answer all parts in order. thank you. Pebble Besch Compary buys a picce of equignsent for $52.000. The equpment has a usefud hife of five years. No residual value is expected at the end of the usefuf ife. Using double-decining balance methed, what is the company's depreciation expenso in the first year of the equipment's iseful life? (Do not round intermedlate calculations.) Mith che choke 520800 526000 913000 $10.400 A the beginning of the year, your company bonows $24.800 by signing a fou year promissory note that states an annual interest fate of tors plus principal repeyments of 96200 . each yeac. fnteres is paid at the end of the second and fourth quarters, whereas principol peyments are due at the end of eachyear, How does this new promisory nose alfect the current and non-curent liabilizy amounts reported on the classified bolsnce theef prepared ot the end of the first quarter? Wool Compeny makes a save and collects a total of 546010 , which includes an 7 sales tax. What is the ancuint thot will be credited to the 5 ales Revenue accoune? M. itiple Enolce 142s00 $46010 54231 543000 Marconi Company has the following information available for the current year: What was the amount of write-offs during the year? Multiple Choice $181,200 $93,620 $0 $60,400 A piece of equipment was acquired on January 1,2021 , at a cost of 572,000 , with an estimated residual value of 53,000 and an estimated useful ife of sik years. The compary uses th double-deching-balance method Why is its book value at December 3t, 2022? Munies Choice 139000 509000 $24000 513,000 Marconi Company has the following information avaliable for the current year: What was the amount of write-offs during the year? Matiple Choice 5+1200 593620 50. 160.400
multiple choice. please answer all parts in order. thank you.
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