The book value of the equipment is $14000
Given,
equipment cost = $20,000
depreciation amounts = $6,000
book value of the equipment = equipment cost - depreciation cost
= 20000 - 6000
= $14000
<h3>What Are Depreciation Expenses?</h3>
Depreciation expense, on the other hand, is the amortized portion of the cost of the business's fixed assets during a certain period. Depreciation expense is recognized in the income statement as a non-cash expense that reduces the net income or profit of the business. For accounting purposes, depreciation expense is debited and accumulated depreciation is credited.
Depreciation expenses are treated as non-cash expenses because periodic monthly amortization is not involved in cash transactions.
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Answer:
b
Step-by-step explanation:
Your answer would be c. 18,6
x = 7
y = 8
All I did was assume x was 7 and y was 8. I added 4, 6, 7, 8, and 10 together. I got 35. Then, I divided by five (since that's how many numbers are shown) and I got 7 for the mean. 7 is the median, and the 7 is the mean gotten from 4, 6, 7, 8, and 10. Therefore, x must equal 7 and y must equal 8.
