The WebTrust family of services offers best practices and ...

[jayhills49]

The WebTrust family of services offers best practices and e-business solutions related exclusively to B2B electronic commerce.
  Indicate whether the statement is true or false

Question 2

TER Company uses the activity (units-of-production) method to depreciate long-term assets. The company owns a truck that cost 48,000. The truck is estimated to have a salvage value of 4,000 and a useful life of 200,000 miles.
 
  How much depreciation expense would be reported on the income statement in a year in which the truck is driven 50,000 miles?
  A) 13,000
  B) 12,000
  C) 11,000
  D) 10,000

[fromAlphatoOmega22]

Answer to Question 1

F

Answer to Question 2

C

[jayhills49]

YES! Correct, THANKS for helping me on my review

[mohan]

Thanks for the timely response, appreciate it