The original cost of a truck was 24,000 with an estimated life of 10 years. What is the end-of-year ...

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Coya19@aol.com

Hero Member
Posts: 601

on: Jun 24, 2018

The original cost of a truck was 24,000 with an estimated life of 10 years. What is the end-of-year book value?
A) 4,800
B) 9,600
C) 14,400
D) 19,200

Question 2

The life of a microwave is 7 years. The original cost of the microwave was 1,200 and the salvage value was 500. What is the first-year depreciation?
A) 175
B) 325
C) 700
D) 1,025

jaygar71

Sr. Member
Posts: 323

Reply #1 on: Jun 24, 2018

Answer to Question 1

D

Answer to Question 2

A

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