Answer: C. Industrialization created factory jobs in urban areas while eliminating agricultural jobs in rural areas.
Explanation:
In the late 19th century, industrialization was in full swing and technology was being created that made farming more efficient. This led to a loss of jobs for people in the rural areas who depended mostly on farming.
These people then had to move to urban areas where industrialization had led to the construction of factories that required more labor. This significantly increased rural to urban migration.
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
Answer:
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