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Questions 1.24 of 24 | Page 1 of 11 Question 1 (1 point) Ben Trucking purchased a new truck for $240,000 with $8,000 residual

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Questions 1.24 of 24 | Page 1 of 11 Question 1 (1 point) Ben Trucking purchased a new truck for $240,000 with $8,000 residual value. It charges depreciation as 25% using reducing balance method What is the depreciation in year- a Ob $24,468.75 $60,000 $18,984.375 Od $25,312.50 Question 2 (1 point) The accountant at Peter Baker's thinks that 0.3% of its receivable will be uncollectible for the month of June and balances are $ 200,000 at the end of June and $300,000 at the end of July. What is the bad debt expense for the its acce Time left for this Blank 1: assessmenttivate Windows 115:56 W ENG 101

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