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MArishka [77]
3 years ago
15

A one-year membership to a gym costs $725 total. the registration fee is $125 of the total, and the remaining amount is paid mon

thly. how much will new members pay each month?
Business
1 answer:
FinnZ [79.3K]3 years ago
6 0
The first thing to do is to subtract the registration fee from the total

725-125=600

then divide the remaining number by 12 because it is monthly 

600/12=50

new members will pay $50 each month

I hope I've helped!
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Date                    Account Title                                    Debit                 Credit

June 30, Year 1 Depreciation                                     $10,000

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Date                       Account Title                                   Debit                 Credit

June 30, Year 2     Depreciation                                 $22,040

                              Accumulated Depreciation                                  $22,040

Date                       Account Title                                   Debit                 Credit

June 30, Year 3     Depreciation                                 $9,800

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