accounting hw help please?
9. The depreciable base of an asset is
A. Original cost minus residual value B. Original cost minus accumulated depreciation C. the expired cost of the asset D The unexpired cost of the asset
10. Salvage value is Not the same as
A. Disposal value B. Scrap Value C. book value. D Residual value
11. Which of the followingmethods ignores residual value initially but eventually considers it in the calculation of depreciation?
A. Production B MACRS c. Double-declining-balance D. Straight Line
12. Company A sold equipment which originally cosr 20000 with accumulated depreciation of 17000. the company sold the equipment for 4000. this would result in
A Loss of 13000 B.gain of 1000 C. Loss of 1000 D.gain of 4000
9. The depreciable base of an asset is
A. Original cost minus residual value
10. Salvage value is Not the same as
C. book value.
11. Which of the following methods ignores residual value initially but eventually considers it in the calculation of depreciation?
C. Double-declining-balance
12. Company A sold equipment which originally cosr 20000 with accumulated depreciation of 17000. the company sold the equipment for 4000. this would result in
B.gain of 1000
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