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please answer all. Question 5 8 points Save Answer A $25,000 piece of equipment with a useful life of 5 years and no residual value

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Question 5 8 points Save Answer A $25,000 piece of equipment with a useful life of 5 years and no residual value is being depreciated using the straight line method. At the end of 4 years the equipment was sold for $3,000. What will the journal entry include? A credit to loss on sale of $2000 0 A A debit to residual value of $3,000 OB A debit to accumulated depreciation of $20,000 oc A credit to Equipment of $5,000 D Question 7 8 points Home Express bought a delivery truck on January 1st 2020. The following are the details: Truck Cost $65,000 Residual value $5,000 Useful life in years 5 Estimated Useful life in miles 50,000 If Home Express uses the straight-line method of depreciation what is the amount of depreciation expense on December 31, 2020? On $13,000 $12,000 $14,000 $10,000 D Question 8 8 points Home Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost: $65,000 Residual Value: $5,000 Useful Life years: 5 Estimate Useful Miles: 50,000 If Home Express uses the straight-line method of depreciation what is the Book Value at the end of two years on December 31, 2021? A $41,000 $39,000 B c. $37,000 $42,000 D Question 9 8 points Save Answ Home Express bought a delivery truck on January 1st 2020. The following are the details: Truck cost: $65,000 Residual Value: $5,000 Useful Life years 5 Estimate Useful Miles: 50,000 If Home Express uses the double-declining balance method of depreciation what is the amount of depreciation expense on December 31, 2020? $20,000 OA OB $12,000 c. 524,000 $26,000 OD Question 21 Given the following information, which bond(s) will issue at a premium? Bond A Bond B Bond C Bond D 99 896 Stated Rate of Return Market Rate of Return Bond A A 8% 896 1096 996 10% 7% Bond B B. Bond C and Bond D C. D None of the above

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