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Author Question: The original cost of a truck was 24,000 with an estimated life of 10 years. What is the end-of-year ... (Read 90 times)

Coya19@aol.com

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  • Posts: 601
on: Jun 24, 2018
The original cost of a truck was 24,000 with an estimated life of 10 years. What is the end-of-year book value?
 A) 4,800
  B) 9,600
  C) 14,400
  D) 19,200

Question 2

The life of a microwave is 7 years. The original cost of the microwave was 1,200 and the salvage value was 500. What is the first-year depreciation?
 A) 175
  B) 325
  C) 700
  D) 1,025


jaygar71

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  • Posts: 323
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


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