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.
To learn more about depreciation amounts from given link
brainly.com/question/1287985
#SPJ4
Answer:
She spent 142.65 for baskets, 252.50 for flowers and 185 * 0.07 or 12.95 for ribbons for a total outlay of 408.10. Since she made 30 baskets, that is 408.10/30 = 13.60 1/3 per basket.
If she sold all 30 for 25.99 each, that is 779.70 for a profit of 361.60
Step-by-step explanation:
:)
Answer:
3 : 5
Step-by-step explanation:
Since there are 3 boys, the number of girls is 5.
Causing the ratio to be 3 : 5
<u>Answer:</u>
x = 2.68, x = -0.186
<u>Step-by-step explanation:</u>
We are given the following equation that we are to solve:
Rearranging this quadratic equation to get:
Solving it by using the quadratic formula as we cannot find any factors for it.
, 
x = 2.68, x = -0.186
