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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Answer:
11/50
Step-by-step explanation:
22% is 22/100
So, divide 22/100 by 2 to get 11/50, which cannot be simplified any further.
Answer:
in
Step-by-step explanation:
everybody hates Chris the lottery go exit the bathroom and eat a chicken nugget and and
Answer:
The length of each red rod is 10 cm and the length of each blue rod is 14 cm
Step-by-step explanation:
Let
x ----> the length of each red rod in centimeters
y ----> the length of each blue rod in centimeters
we know that
----> equation A
----> equation B
Solve the system by graphing
Remember that the solution of the system of equations is the intersection point both graphs
using a graphing tool
The solution is the point (10,14)
see the attached figure
therefore
The length of each red rod is 10 cm and the length of each blue rod is 14 cm
