QUESTIONS Computer equipment was acquired at the beginning of the year at a cost of $57,000 that has an estimated residual value of $9,000 and an estimated useful life of 5 years. Determine the second-year depreciation using the straight-line method. a. $19,200 b. $9,000 OC. $13,200 d. 89,600 4 points Saved QUESTION 9 Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30, for $20,000. Pierce prepaid the $500 shipping charge. Which of the following entries does Pierce make to record this sale? a. Accounts ReceivableStanton, debit $20,000, Sales, credit $20,000, and Delivery Expense, debit $500, Cash, credit $500 b. Accounts Receivable-Stanton, debit $20,000; Sales, credit $20,000 C. Accounts ReceivableStanton, debit $20,100, Sales, credit $20,100 od. Accounts Receivable_Stanton, debit $19.600; Sales, credit $19.600. and Accounts ReceivableStanton, debit $500; Cash, credit $500 4 points Save Answer QUESTION 10 Which of the following is the best description of accounting's role in business? a. Accounting is not responsible for providing any form of information to users. That is the role of the Information Systems Department. b. Accounting provides stockholders with information regarding the market value of the company's stocks. C. Accounting helps in decreasing the credit risk of the company d. Accounting provides information to managers to operate the business and to other users to make decisions regarding the economic condition of the company