Asked by 123
if the value of machine is 50,000,estimated useful life is eight years and scrap value is 4000 calculate straight line method for 2 years
Answers
Answered by
drwls
Depreciate 1/8 of 46,000 per year.
That is $5750 per year.
The depreciated value is $44,250 after one year and $38,500 after two years.
That is $5750 per year.
The depreciated value is $44,250 after one year and $38,500 after two years.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.