Author Question: The price of a laser printer purchased by Paul's Printers and Office Supplies was 713. It cost 27 ... (Read 114 times)

Deast7027 · **on:** Jun 24, 2018

The price of a laser printer purchased by Paul's Printers and Office Supplies was 713. It cost 27 for delivery. The salvage value at the end of a 5-year life is 65. Prepare a depreciation schedule using the sum-of-the-year's method, then enter the accumulated depreciation at the end of year 4 as your answer.
A) 592
B) 630
C) 668
D) 496

Question 2

Screws and Bolts Outlet buys a shipment of screws with a list price of 2,400. If the supplier extends trade discounts of 20/25/10, what is the trade discount amount?
A) 480
B) 1,920
C) 1,104
D) 1,440