Answer:
The answer is $994.85
Explanation:
This can be calculated using the proportion method.
Unit $ worth of the property costs = $550 / $68,000 = 0.008088
$123,000 worth of property costs = 0.008088 * $123,000 = $994.85
Answer: Straight line method is $7,400 per year.
Double declining balance method is $ 14,800 per year.
Explanation:
Depreciation on a straight line basis is calculated thus:
Cost - Residual value/ useful life
= (36,000 - 6,400)/ 4
= 7,400 per year
Depreciation on double declining method is calculated thus:
100% / useful life
100%/4 = 25
25%*2= 50%
Cost - residual value * 50%
36,000 - 6,400* 50%
29,600* 50%
=$14,800 for the first and second year
The answer is B, tho I could also understand C, I am pretty sure it’s B.
Beginning: Gather employee wage information. Make sure it uses all wages, tips and compensation in the pay period.
End: Process payroll manually or through your selected system. Double-check amounts before dispersing. Print and disperse checks or stubs for direct deposit.
Hope this helps :)
