Question
On 1/1/17, Ventura bought a recreation vehicle for $54,000. It has a salvage value of $2,000 and 4 year useful life. Under sum of years
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On 1/1/17, Ventura bought a recreation vehicle for $54,000. It has a salvage value of $2,000 and 4 year useful life. Under sum of years digits, 2017 depreciation and 12/31/17 book value are:
A. $20,800 and $33,200 respectively.
B. $20,800 and $35,200 respectively.
C. $21,600 and $32,400 respectively.
D. $21,600 and $30,400 respectively.
On 1/1/17, Ventura bought a recreation vehicle for $54,000. It has a salvage value of $2,000 and 4 year useful life. Under sum of years digits, 2017 depreciation and 12/31/17 book value are:
| A. | $20,800 and $33,200 respectively. | |
| B. | $20,800 and $35,200 respectively. | |
| C. | $21,600 and $32,400 respectively. | |
| D. | $21,600 and $30,400 respectively. |
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EDI Security Control And Audit
Authors: Albert J. Marcella Jr, Sally Chan, John Merriam
1st Edition
0890066108, 978-0890066102
