1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fiesta28 [93]
2 years ago
10

Bramble Company purchased a new van for floral deliveries on January 1, 2018. The van cost $66000 with an estimated life of 5 ye

ars and $13500 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2019
Business
1 answer:
fgiga [73]2 years ago
6 0

Answer:

$42,240

Explanation:

The computation of the balance of the Accumulated Depreciation account at the end of 2019 is as follows;

But before that the depreciation rate is

= 1 ÷ 5 × 2

= 40%

For the first year, the depreciation expense is

= $66,000 × 40%

= $26,400

Now for the 2019, the depreciation expense is

= ($66,000  - $26,400) × 40%

= $15,840

Now the accumulated depreciation is

= $26,400 + $15,840

= $42,240

You might be interested in
PLEASE HELP ILL GIVE BRAINLIEST ANSWER
Rina8888 [55]
Warehousing & Distribution Center

Distribution management refers to the process of overseeing the movement of goods from supplier or manufacturer to point of sale. It is an overarching term that refers to numerous activities and processes such as packaging, inventory, warehousing, supply chain, and logistics.
4 0
2 years ago
Computers Inc. is a United States computer and consumer electronics company that designs and manufactures electronic devices. Co
Galina-37 [17]
No the electronic devices where made to text and easier to text
5 0
3 years ago
Which type of bankruptcy requires the liquidation of most of the debtor's assets?
8_murik_8 [283]
Chapter 7 bankruptcy is a type of bankruptcy that requires the liquidation of most of the debtor's assets. It is the most common of the bankruptcy were may debts are forgiven and a variety of assets are sold, Chapter 7 bankruptcy is favored by individuals. Under of this bankruptcy, the debtor's assets are sold off to pay the lenders.
5 0
2 years ago
I need a Christmas present for a 40-year-old man a 32-year-old woman a 9-year-old girl a 12-year-old girl and a 4-year-old boy
e-lub [12.9K]
What is the question??
4 0
2 years ago
Your catering business sells luncheons and dinners. Luncheons are $1,000 each, and dinners are $2,000 each. You sold 300 meals i
Jet001 [13]

Answer:

140 luncheons, 160 dinners

Explanation:

7 0
3 years ago
Other questions:
  • "The Carla Vista Boat Company's bank statement for the month of November showed a balance per bank of $8,500. The company's Cash
    6·1 answer
  • Businesses are using ______________ and other ways to track goods and control the flow of goods from point of origin to point of
    11·2 answers
  • El tapitio purchased restaurant furniture on september 1, 2018, for $45,000. residual value at the end of an estimated 10-year s
    9·1 answer
  • Baker Inc. acquired equipment from the manufacturer on 10/1/2018 and gave a noninterest-bearing note in exchange. Baker is oblig
    9·1 answer
  • Why should investors know the difference between nominal and real interest rates?
    11·1 answer
  • For Waterway Industries, the predetermined overhead rate is 70% of direct labor cost. During the month, $400000 of factory labor
    15·1 answer
  • A 23-year-old ticket agent is brought in by her husband because he is concerned about her recent behavior. He states that for th
    12·1 answer
  • An economic system that allows indivduals to pursue their own interests without undue
    7·1 answer
  • Examine this supply and demand graph for a product. What does the red dot
    7·1 answer
  • Which type of market is the one in which a person buys their favorite breakfast sandwich at a fast-food drive thru? product mark
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!