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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You would do percent of change.
meaning you would subract 65 and 50 to get 15. then you would put 15 over 50 (as a fraction) then equals r/100. then you would cross multiply to get r.
orginal:50
new:65
65-50=15
15/50=r/100
15r=5000
then divide by 15 to get r
Dave jogged for 9 minuets and walked for 12 minuets
1/4(8x+56)=20
1/4(8x)+1/4(56)=20
2x+14=20
2x=20-14
2x=6
X=3