Study all your notes. Notes are always the way to go.
Answer:
A) Between 1750 and 1760 many improvements were made. Improvements such as spinning and waving the coal on machines were examples of this.
B) Improvements such as said above helped dramatically. They helped by using their power to smelt iron and steel. Because of this, economic life improved.
C) Mining coal helped transform social and economic life. It transformed life because it pumps out deepening mines. Because of this, more and more power transfers to keep the machines running.
Explanation:
Answer:
The depreciation expense will be
Machine A : $38,000
Machine B : $55,000
Explanation:
Straight line depreciation recognize an assets carrying amount evenly over its useful life.
Straight line Depreciation = (Cost - Estimated Residual Value) / useful life
Depreciation expense for Machine A:
($400,000 - $20,000) / 10 years
= $38,000
Depreciation expense for Machine B:
($600,000 - $50,000) / 10 years
= $55,000
