<span>If the machine originally costs $60,000 and goes through straight-line method of depreciation, then if it has a $5,000 salvage value in 4 years, then it depreciated $55,000 in 4 years, which is about $14,000 a year. So the depreciation expense in year 4 is about $14,000.</span>
Answer:
C.WORKERS in the European union are usully move involved in corporate decision-makng
Answer: Monetary unit assumption
Explanation: The monetary unit of assumption states that every transaction of the business can be expresses in relation to monetary units and these units will be stable over time. The key point in this assumption is that it assumes monetary units to be stable and dependable.
In the given case, Lawton records transactions in dollars and disregards changes in value of dollars over time. Hence, we can conclude that Lawton is following monetary unit assumption.
<span>Answer- The fifteenth of the month. This question doesn't require a lot of thinking. In other words it is a straightforward question. The subscription for each full month is actually $30. This means the subscriptions for each day is about $1. Since the first subscription was $45, the service started on 15th of the moth ($45-$30).</span>
