The monthly depreciation will be $8000.
In accountancy, depreciation refers to two components of the equal idea: first, the real lower of fair fee of an asset, which include the lower in value of manufacturing unit gadget each year as it's far used .
Depreciation is used on a profits declaration for almost every enterprise. it is indexed as a cost, and so should be used every time an object is calculated for year-end tax purposes or to determine the validity of the item for liquidation purposes.
Annual depreciation is not taken into consideration as an asset because assets constitute something in order to produce financial cost to the organization during the last. And accumulated depreciation does now not produce the enterprise's financial fee as amassed depreciation itself shows the credit score stability.
Annual depreciation as per straight line method = ( 104,000 - $8,000) /10
Annual depreciation as per straight - line method = $96,000/10
Annual depreciation as per straight line method = $9600
∴ monthly depreciation as per straight line = $96000 * 1/12
= $8000
Learn more about depreciation here :- brainly.com/question/25785586
#SPJ4
Answer:
$60,000
Explanation:
Calculation to determine what would West record as annual amortization
Using this formula
Annual amortization =Present value of the lease payments /Expected economic life of the asset
Let plug in the formula
Annual amortization = ($600,000 x 1/10 years).
Annual amortization =$60,000
Therefore what West record as annual amortization is $60,000
35 to 40 hours per week is considered full time employment.
Recovery closes when the association is again arranged to direct aggregate preparing and operations. Recovery incorporates the beneath:
1. Examining and keeping up hardware and faculty.
2. Representing work force, hardware, preparing bolster things, and ammo.
3. Picking up experiences on the most proficient method to make the following activity or far and away superior.
Answer:
Dear Professor, I just wanted to let you known I failed my homework because, after I moved I have no access to the internet. I am very sorry.