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ella [17]
3 years ago
6

Lido Pizza purchased a new oven that cost $15,000 cash on January 2, 2016. The oven has an expected useful life of five years an

d an estimated salvage value of $3,000. Tony's uses straight-line depreciation to make adjusting entries each December 31. What amount of accumulated depreciation would Lidos report on the 2017 balance sheet?
Business
1 answer:
Reptile [31]3 years ago
4 0

Answer:

$4,800

Explanation:

The computation of the  accumulated depreciation would Lidos report on the 2017 balance sheet is shown below:

= (Purchase value of new oven- estimated salvage value ) ÷ (expected useful life)

= ($15,000 - $3,000) ÷ (5 years)

= ($12,000) ÷ (5 years)  

= $2,400

Now for 2017, the accumulated depreciation is

= Depreciation expense × number of years

= $2,400 × 2 years

= $4,800

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1 year ago
Compensating balances
Airida [17]

Answer:

The correct answer is D

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3 years ago
Under which circumstances must an employer provide a guardrail?
Arada [10]

Answer:

A, B and D

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Under  OSHA laws, employers must provide a safe workplace for the employees. All the danger areas must be indicated with either painting or signage. Using guard rails is an excellent way of demarcating danger zones. They keep employees away from dangerous spots. In this case, an employer should use guard rails in the following circumstances.

1.Around every floor hole into which a worker can accidentally walk. The guard rails will form a barrier that will prevent accidental falls into the hole.

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3 years ago
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ira [324]

Answer:

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If you are using a direct quote from a source, you need to put those words in quotation marks when you are borrowing:
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Hello!

I do not understand what you're trying to ask/say.
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