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Author Question: Lackawanna Community College purchased a computer system for 12,730. Delivery costs totaled 300 and ... (Read 101 times)

jman1234

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on: Jun 24, 2018
Lackawanna Community College purchased a computer system for 12,730. Delivery costs totaled 300 and handling costs were 214. The useful life is 4 years and the salvage value 4,082. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the book value at the end of year 3 as your answer.

Question 2

Ganesh India Shop purchased merchandise from India with a list price of 110,000 less trade discounts of 30/10/5. What was the net price of the order?


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Jody Vaughn

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Reply #1 on: Jun 24, 2018
Answer to Question 1

4,998.20

Answer to Question 2

65,835


jman1234

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Reply #2 on: Jun 24, 2018
Thank you :)


Jody Vaughn

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Reply #3 on: Jun 24, 2018
Happy to help you


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