Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. after initial recognition on 3 september 2020 of e

After initial recognition on 3 September 2020 of equipment at $50,000 (straight line depreciation, 4...

80.2K

Verified Solution

Question

Accounting

After initial recognition on 3 September 2020 of equipment at $50,000 (straight line depreciation, 4 years useful life), equipment is carried at what amount on 30 June 2021?

Select one:

a.

$12,500

b.

$39,583

c.

$50,000

d.

$10,417

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

Basic Math
1.2K views

The following table summarizes the results of a two-factor ANOVA evaluating an independent-measures experiment with 2...

Psychology
1.2K views

1. What is dependency theory and world system theory? Is dependency theory rooted with which of...

Advance Math
1.2K views

1. Explain/Define the classical experiment in terms of the following (provide references):      Independent and dependent variables      Pre-testing and Post-testing      Experimental...

Physics
1.2K views

Calculate the life time of a soap bubble of radius R connected with the atmosphere...

Geometry
1.2K views

For 6 and 7 find the coordinates of the circumcenter of the triangle with the...

Basic Math
1.2K views

What percent of the total population is found between the mean and the z score...

Accounting
1.2K views

Selected comparative financial statements of Zayed Abu Dhabi Corporation follow. ...

Accounting
1.2K views

The standard direct labor cost for producing one unit of product is 5.7 direct labor...

Accounting
1.2K views

Sun Corporation received a charter that authorized the issuance of 81,000 shares of $7 par...

Accounting
1.2K views

There are TWO (2) questions. Answer ALL questions. QUESTION 1 Apply Newton's method to solve...

Accounting
1.2K views

1-In the Basic Financial Statement section, in examining the proprietary fund Statement of Net Position,...

Finance
1.2K views

You own three stocks: 600 shares of Apple Computer, 10,000 shares of Cisco Systems, and...