No, because Jane will win in a small claims court because it is not done in a federal court which is needed for this situation
Answer:
2018: 8 months
Depreciation= $916,67
2019: full year
Depreciation= $1375
Explanation:
Giving the following information:
Taco Hut purchased equipment on May 1, 2018.
Price: $15,000.
Residual value: $4,000
Useful life: 8 year
We need to calculate the depreciation for 2018 and 2019 using straight-line method:
Depreciation= (purchase price- residual value)/useful life
Depreciation= (15000-4000)/8= $1375
2018: 8 months
Depreciation=(1375/12)*8= 916,67
2019: full year
Depreciation= $1375
Answer:
A function that will be executed
Explanation:
Answer:
False
Explanation:
The cost incurred to startup the business before realization of benefit from the business is called startup cost.
On the other hand organization cost ia a cost which is incurred to organize the business operations.
Startup cost can be amortized over a specific period of time. But the organizational cost is charged when it is incurred, it can not be amortized.
