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Author Question: Plethora Farms purchased a greenhouse for 52,700. Delivery costs totaled 1,825 and handling costs ... (Read 115 times)

cabate

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on: Jun 24, 2018
Plethora Farms purchased a greenhouse for 52,700. Delivery costs totaled 1,825 and handling costs were 3,000. The useful life is 10 years and the salvage value is 14,050. Using the straight-line depreciation method, calculate the book value at the end of year 4.
 A) 31,256
  B) 58,000
  C) 22,000
  D) 40,135

Question 2

The Photo Express buys cameras and film with an invoice date of May 17. If the terms of sale are 2/15, n/45, find the net date.
 A) June 1
  B) July 18
  C) July 16
  D) July 1


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alexisweber49

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

D

Answer to Question 2

D


cabate

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

jamesnevil303

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Reply 3 on: Yesterday
Excellent

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