Author Question: When the useful life of an asset is more accurately defined in terms of how much it is used rather ... (Read 59 times)

michelleunicorn · **on:** Jun 24, 2018

When the useful life of an asset is more accurately defined in terms of how much it is used rather than the passage of time, the ___________________ _ method is used to calculate depreciation.
Fill in the blank(s) with correct word

Question 2

Standard Software purchases programs from Microsoft with an invoice price of 25,900 and terms of sale of 5/15, n/30. What is the net amount due on the order if a partial payment of 6,000 is made on the 15th day?
A) 24,605.00
B) 20,200.00
C) 20,720.00
D) 19,584.21