Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a diesel-powered tractor with a cost of $90,000 an

A diesel-powered tractor with a cost of $90,000 and estimated residual value of $15,000 is...

50.1K

Verified Solution

Question

Accounting

A diesel-powered tractor with a cost of $90,000 and estimated residual value of $15,000 is expected to have a useful operating life of 30,000 hours. During April, the tractor was operated 120 hours. Determine the depreciation for the month. Carry out any division to two decimal places.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

From the same Texas Department of Insurance data on closed claims for medical malpractice liability insurance...

Chemistry
1.2K views

calculate the pH of 100 mL of a buffer that is .080 M NH4Cl and .105...

Civil Engineering
1.2K views

Types of Retaining Walls Identify the importance and application that it represents.

Physics
1.2K views

A river has a steady speed of 0.650 m/s. A student swims upstream a distance of...

Mechanical Engineering
1.2K views

rewrite the below-working principle of hydraulic power steering system in your own word with out missing...

Biology
1.2K views

If you compare two alleles of the same gene,you will see all the possible variation...

Physics
1.2K views

9 3 Two cylinders A and B fitted with pistons contain equal amounts of an...

Basic Math
1.2K views

The line segment PQ with endpoints P (4, 3) and Q (8, 3) is rotated...

Statistics
1.2K views

Suppose x has a distribution with 28 and o 27 LAUSE SALT a If a...

Accounting
1.2K views

As an auditor, why do you have to test the validity of payments to authorized...

Accounting
1.2K views

Pria's Music lessons on june 30 income summary

Accounting
1.2K views

1. Nov.2000.27. An investor deposits 50 in an investment account on January The following summarizes...