Author Question: On January 1, 2011, We Haul, Inc. bought a 48,000 truck, which has no residual value and an expected ... (Read 81 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
On January 1, 2011, We Haul, Inc. bought a 48,000 truck, which has no residual value and an expected life of 6 years. How much accumulated depreciation should the company report at December 31, 2012?
 
  A) 8,000
  B) 16,000
  C) 24,000
  D) 40,000

Question 2

A system for making federal tax deposits electronically is called the ___________________ _.
 Fill in the blank(s) with correct word



nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

B

Answer to Question 2

Electronic Federal Tax Payment System



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

For a complete list of videos, visit our video library