Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 33 3 pts a special equipment costs $1

Question 33 3 pts A special equipment costs $12000, Salvage value...

80.2K

Verified Solution

Question

Accounting

Question 33
3 pts
A special equipment costs $12000, Salvage value =1550,N=4 years. Use double declining balance method, find the following final values (after value adjustment, if needed).
Depreciation charge of year 4=?
1000
1450
0
1550
No correct answer
2000
image

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

A machine can be adjusted so that, when it is under control, the mean amount of...

Statistics
Q

1).Find an equation for the conic that satisfies the given conditions. ellipse,    foci (0, −3), (8, −3),     vertex (9, −3)

Basic Math
Q

Living with a Disability When Shelly saw Ms. Jones in a wheelchair, she felt sorry for her....

Psychology
Q

What is a firm's weighted-average cost of capital if the stock has a beta of 1.1,...

Finance
Q

Codon Colinear eneracy of the genetic code Nonsense codon Reading frame Describes that a given...

Biology
Q

Find the nth term of the geometric sequence with given first term a and common...

Basic Math
Q

80 2 Sines to find the indicated side x Assume a

Basic Math
Q

Let f(x) = 1 + x2 for x E (-0,00) and let g(x)=tan(a) for x...

Calculus
Q

Answer the following true or false questions using the dropdowns provided. 1. Premium bonds refer...

Accounting
Q

You are given the following information: Stockholders' equity as reported on the firms balance sheet...

Accounting
Q

Accounting equation is the basis for the preparation of statement of financial position in accordance...

Accounting
Q

Monty, Ltd., manufacturers boats and personal watercraft. The company operates three separate divisions: yachts, sailboats,...

Accounting