This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A bulldozer purchased by Miner Corporation is expected to last 7 years. The purchase price was ... (Read 211 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jun 24, 2018
A bulldozer purchased by Miner Corporation is expected to last 7 years. The purchase price was 23,800. Shipping costs were 266 and initial setup charges were 393. The trade-in value is 2,204. Using the straight-line depreciation method, calculate the accumulated depreciation at the end of year 3.
 A) 12,611.37
  B) 9,537.87
  C) 9,937.32
  D) 8,833.87

Question 2

Classic Furniture purchases dining room sets with an invoice date of September 27, and terms of sale of 3/10, n/60. What is the net date?
 A) October 17
  B) October 22
  C) November 26
  D) November 2


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LVPMS

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

C


moongchi

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Jun 24, 2018
Thank you :)


LVPMS

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ... Adults in the middle-aged group (37–42 years) score higher on measures of generativity than either ...
Average Years of Schooling versus GDP per Capita Average Years of Schooling versus GDP per Capita
The following information relates to the Cutting Department of Kittina Corporation for the ... The following information relates to the Cutting Department of Kittina Corporation for the ...
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Earth 430 Million Years Ago Earth 430 Million Years Ago
Earth 150 Million Years Ago Earth 150 Million Years Ago
Video: Acids and bases - definition

For a complete list of videos, visit our video library