Answer:
Payroll withholding spreads out the cost of taxes throughout the year, so employees don't have to pay the entire amount they owe all at once on April 15. This helps make sure that people pay their taxes.
Answer:
Too much globalization is lack of resources which leads to more disease and death
Answer:
The answer is $36,000
Explanation:
First we need to determine the rate to be used.
To determine the rate:
100percent/8 years
12.5%
Double rate is 12.5% x 2
=25%. This is the rate to be used.
Cost of the truck is $48,000
First year depreciation is:
25% x $48,000
So first year depreciation is $12,000
Book value of the truck at the end of year 1 is $48,000 - $12,000
=$36,000
<span>strawberry growers following an unexpected frost</span>
Answer:
Hi, the information you have provided has missing important information.
However relevant detail to tackle the question is provided as follows:
Prepare the <em>Equipment Disposal T - Account </em>and use it to find the missing balance.
Debit :
Cost $189,000
Profit on Disposal xxxx
Credit:
Accumulated Depreciation $112,000
Loss on Disposal xxxx
Cash (Balancing figure) $ xxxx
The Cash received from the sale of the equipment is provided as a <em>balancing figure</em> for this account.