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please answer questions 1-3 and label with the number and letter thank you!! 1 The most widely used depreciation method is? a) straight line b)

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please answer questions 1-3 and label with the number and letter thank you!!
1 The most widely used depreciation method is? a) straight line b) units of production 1 cl double declining balance. 2) When a company sells machinery at a price equal to its book vahe, what entry would be i recorded ? a debit cash & machinery credit accumulated Dep. b) debit machinery, credit cash & accumulated depreciation c) debit cash and depreciation Expens; cred accumulated I depreciation a) debit cash + Accumulate depreciation; wedit Machinery 3) on december 31 a company has decided to discard a batting cage. The initial cost was $215,000 with accumulated depreciation of $185,000 Depreciation has been taken up to the end of the yr. what will be included in the entry to record disposal? a) Equipment credit $215, DOO b) Accumulated Depreciation Debit $15.000 (c) Loss on disposal of Asset $185.000 d) gain on disposal of Asset $30,000 FIVE FIVE STAR FIVE STAR

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