Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ziogas co. purchased a fetameta machine for $45,00

Ziogas Co. purchased a fetameta machine for $45,000 on January 1,2018. The machine is expected...

50.1K

Verified Solution

Question

Accounting

Ziogas Co. purchased a fetameta machine for $45,000 on January 1,2018. The machine is expected to have a four-year life, with a residual value of $5,000 at the end of four years.
Using the double-declining balance method, depreciation for 2019 and book value at December 31,2019, would be:
$10,000 and $10,000.
$11,250 and $6,250.
$10,000 and $5,000.
$11,250 and $11,250.
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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

hr min The ratio of the wavelength of first line of Lyman series and first...

Finance
1.2K views

McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell...

General Management
1.2K views

consider a project you are working on either at work or at school. Write a project...

Basic Math
1.2K views

Develop quantitative null and alternative hypotheses for a decision that is relevant to your life. This can...

Physics
1.2K views

21 A glass vessel contains air at 60 C To what temperature must it be...

Algebra
1.2K views

Graph the function f x 2 3 by moving the key points Provide your answer...

Algebra
1.2K views

6 A line segment of length is scaled by a factor of 1 5 to...

Accounting
1.2K views

Crane Company applied FIFO to its inventory and got the following...

Accounting
1.2K views

i need to see the debit and credit positive and negative signs. no explanation just...

Accounting
1.2K views

Required information [The following information applies to the questions displayed below.] ...

Finance
1.2K views

Annuities: Present Value 6. Your uncle named you as the beneficiary of his life insurance...

Accounting
1.2K views

hw pls help Bramble industries has adopted the following...