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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The expressions that can represent the dimensions of the prim is (x), (3x+1) and (4x-1).
The TV equals 20% because 1.1-4 years equals points
Answer:
Step-by-step explanation:
Using the slope formula:
Answer:
2 years : $280
10 years: $1400
Step-by-step explanation:
