Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2024

What is the depreciation expense using the straight line method on a asset costing 10,000 if it has a useful life of 4 years and

What is the depreciation expense using the straight line method on a asset costing 10,000 if it has a useful life of 4 years and a salvage value of 2,000?

Group of answer choices

2,000

2,500

5,000

4,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Security Audit And Review Toolkit The Modern Toolkit For Security And Risk Professionals To Grow Their Business And For The Business Owners.

Authors: L Burke Files, Gamal Newry, Ibrahim Yeku

1st Edition

1674831315, 978-1674831312

More Books

Students also viewed these Accounting questions

Question

★★★★★

Refer to the previous exercise. Suppose the regression equation is = x. Identify the y -intercept and slope. Interpret the line in context.

Answered: 1 week ago

Question

★★★★★

4-4A LO 3 See page 4-16 Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid each employee No....

Answered: 1 week ago

Question

★★★★★

28. Which sentence de-emphasizes the credit refusal? a. We are unable to grant you credit at this time, but we welcome your cash business and encourage you to reapply in the future. b. Although...

Answered: 1 week ago

Question

★★★★★

A recent study found that racially mixed juries deliberated longer, raised more facts, and conducted broader and more wide ranging deliberations than either all white or all black juries. Why do you...

Answered: 1 week ago

Question

★★★★★

What is the depreciation expense using the straight line method on a asset costing 10,000 if it has a useful life of 4 years and a salvage value of 2,000? Group of answer choices 2,000 2,500 5,000...

Answered: 1 week ago

Question

★★★★★

Make use of python built-in functions to print some Python built-in functions documents, such as abs(), int(), raw_input() And add document for your own function Hints: The built-in document method...

Answered: 1 week ago

Question

★★★★★

Bethany got a call yesterday from First Bank, the company that issued her credit card, inquiring about an $ 1 0 5 . 0 0 charge made in Jamaica. Upon learning that Bethany was at home in Minnesota and...

Answered: 1 week ago

Question

★★★★★

Arya earns $17.20 per hour and works 80.0 regular hours per bi-weekly pay period. In addition, Arya worked 8.5 overtime hours this pay period, which are paid at 1.5 times her regular hourly rate. She...

Answered: 1 week ago

Question

★★★★★

Use the ML Practitioner Assessment project to answer this question. Which two of the following statements about the "grade" column in the schools_data dataset are true? It has a mean of 10.56 and a...

Answered: 1 week ago

Question

★★★★★

= CPPREP4104 Establish buyer re lationships -NSW ? Item 10 of 13 You have received two (2) first home buyer enquiries via email - they have both filled out a buyer profile. Open and read through...

Answered: 1 week ago

Question

★★★★★

Use the ML Practitioner Assessment project to answer this question. Classification models establish a certain probability as a threshold. In the Evaluate recipe, if the model assigns a probability to...

Answered: 1 week ago

Question

★★★★★

Technology. List at least ten transferable skills and personal attributes you possess that could be emphasized in the Qualifications Summary section of your rsum. Write an e-mail to your instructor...

Answered: 1 week ago

Question

★★★★★

What are the potential disadvantages of an online rsum? (Objective 4)

Answered: 1 week ago

Question

★★★★★

Prepare and deliver a five-minute presentation on a topic approved by your instructor. Include at least one quote, one visual aid, and your presentation notes. (Objectives 5 and 6)

Answered: 1 week ago

Previous Question Next Question