Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a now barcode reading device has an installed cost

A now barcode reading device has an installed cost basis of $24,160 and an estimated...

70.2K

Verified Solution

Question

Accounting

image
A now barcode reading device has an installed cost basis of $24,160 and an estimated sorvice life of eleven years it will havo a zero salvage value at that time The 200% declining batinco method is used to depreciate this asset a. What will the depreciation charge be in year voloven? b. What is the book yakie at the end of yoar ten? c. What is the gain (or loss) on the disposal of the device if it is sold for $2.500 after ton years? a. The deprociation charge in year eleven will be : (Round to the hestest dollar)

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

Accounting
1.2K views

Pinot Noir Company obtains 100% of Sangria Company's stock onJanuary 1, 2016. As of...

Medical Sciences
1.2K views

Think about the formation of urine. Imagine that you are describing the journey of a drop...

Chemistry
1.2K views

3.The partition coefficient of Compound A is 7.5 in dichloromethane (a.k.a. methylene chloride) with respect to water. If...

Physics
1.2K views

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

General Management
1.2K views

A garden store prepares various grades of wood chips for mulch for sale in various tonnages...

General Management
1.2K views

1)what is the General External Environment in India? (include these segments: demographic; economic; political/legal; sociocultural) 2) what does...

Accounting
1.2K views

For the year ended December 31, 2018, Norstar Industries reported net income of $655,000. At January...

Biology
1.2K views

5 An individual with naturally curly hair and an individual with naturally straight hair mate...

Physics
1.2K views

A hollow thin hemisphere of mass M and radius R lies on a flat horizontal...

Physics
1.2K views

neet prep by strings at A and B If the mass M is displaced slightly...

Accounting
1.2K views

Address the following points: a statement of your career goals/intentions beyond college an...

Accounting
1.2K views

the present value of $60,000 to be received in one year at 6% compuonded annually