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.
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Answer:
Let's simplify step-by-step.
3e−6e+3e−4e
=3e+−6e+3e+−4e
Combine Like Terms:
=3e+−6e+3e+−4e
=(3e+−6e+3e+−4e)
=−4e
Step-by-step explanation:
You are welcome
Answer:
A and B
Step-by-step explanation:
1/4x^2 = (1/2x)^2
Answer: Kelsey had $65 to spend on books. Each book cost $5.50, and there was a $7.50 fee for shipping. She let b equal the number of books she can purchase
Step-by-step explanation:
