Jefferson Company purchased equipment on January 1, 2017. The equipment cost $60,000 and has an estimated life of 8 years and a salvage value of $8,000. What was the depreciation expense for the equipment for 2018 under the double-declining-balance method?

Answers

Answer 1

Answer: $11250

Explanation:

Based on the information given in the question, the depreciation expense for the equipment for 2018 under the double-declining-balance method will be calculated thus:

Cost of Equipment = $60,000

Salvage Value = $8,000

Useful Life = 8 years

Double-declining-balance Depreciation Rate will be calculated as:

= 2 / Useful Life

= 2 / 8

= 25%

For 2017:

Beginning Book Value = $60,000

Depreciation Expense = 25% × $60,000 = $15,000

Ending Book Value = $60,000 - $15,000 = $45,000

2018:

Beginning Book Value = $45,000

Depreciation Expense = 25% × $45,000 = $11,250

Therefore, the depreciation expense for the equipment for 2018 under the double-declining-balance method is $11250.

Note that:

Ending Book Value = Beginning Book Value - Depreciation Expense


Related Questions

Stargirl explained to Leo that by placing pebbles in her happy wagon, she
O A. could change the outcome of an event.
O B. kept track of her happy and sad days.
O c. didn't worry about tomorrow.
O D. could alter what she planned to do

Answers

Kept track of her happy/sad days

Answer:

sorry i cant anymore snnsnsbsbdhdhdhd

PLEASE HELP!!!! WILL GIVE BRAINLIEST!!!

Answers

a reassurance for the future

What is most likely Mr. White's final wish?
A. To stop his wife from feeling so sad
B. To go back in time and never make the first wish
C. To return the 200 pounds he received
D. To reverse his second wish

Answers

Answer: the is D to reverse his second wish!! Trust me . And check yall answer question may be mix around mine was D but that the answer


( to reverse his second wish)

Explanation:

make adverbs from adjectives.
The baby is sleeping.............(sound).​

Answers

Quietly is an adverb

Answer:

soundly

Explanation:

Question 13
Give the literal meaning of 'the sun is a leaping fire
(2 marks)​

Answers

Answer:

Japan's 5 Tallest Buildings 1 Abeno Harukas 2 Yokohama Landmark Tower 3 Osaka Prefectural Government Sakishima Building 4 Rinku Gate Tower Building 5 Toranomon Hills

Explanation:

i give you 5 names mark as brainlest pls i

Why do you suppose none of the prisoners harbor any thoughts of
revenge after their liberation?

Answers

Answer:

Desire for revenge was not one of the emotions he felt, or at least not immediately. Consider all of the energy and emotion Eliezer had expended simply to survive, just to get to that point at the end where liberation was even possible. It may well be that he simply wasn't capable of rage or revenge at that point.

Explanation:

URGENT!!! 20 pts Read the passage.

Anything is to be preferred or endured rather than marrying without Affection; …

Which type of persuasive appeal does Jane Austen use in this passage from “On Making an Agreeable Marriage”?


logical


emotional


ethical

Answers

Answer:

ethical

Explanation:

I'm not sure tho

Answer: Emotional

Explanation:

Which of the following is a primary source of literature A. BOOKS B. ENCYCLOPEDIA C. INTERVIEW D. JOURNAL

Answers

Answer: Interview

Explanation:

Primary Sources of literature are regarded as first-hand observations, or original accounts of events that happened.

Examples of primary sources of literature include interviews, photographs, video, archival materials etc. On the other hand, the secondary sources are the analysis of the primary source information.

Where is a very popular place for people to go and enjoy the outdoors on holiday? Why do they go there?

Answers

Answer:

Holiday World. They go there to have fun ride roller costers and get on water rides. Here is a link;   https://www.holidayworld.com/

Explanation:

Very tired
1) The professor (teach)
five classes Monday. He (be)
afterward
2) You (feed)
the birds that we saw yesterday. Some of them (be)
cardinals.
first on the trail Saturday, because he (know)
the way
3) Andy (go)
better than we did.
4) The house (be)
dirty after they left. We (clean)
it yesterday
the motorcycles in the garage, then they (eat)
5) The boys (put)
lunch
6) My friends and I (find)
some gold in the river. Then we (look)
for
more.
7) 1 (like)
to write poetry when I (be)
eight years old.
8) Charlotte and I (see) lightening in the sky Thursday night; the storm (come)
fast.
9) The children (go)
to the park yesterday. They (stay)
for two hours
outside after it (snow)
Three inches of snow (fall)
10) We (play)
that day
I need to past simple tense?? ​

Answers

Answer:

Okay bear with me as this is a huge wall of text, but it seems rather straightforward.

Some of these sentences are a bit weird though so many waiting for someone else to put it together could be beneficial!

Explanation:

1) The professor taught

five classes Monday. He was? (be is weird here)

afterward

2) You fed

the birds that we saw yesterday. Some of them were

cardinals.

first on the trail Saturday, because he knew

the way

3) Andy went

better than we did.

4) The house was

dirty after they left. We cleaned

it yesterday

the motorcycles in the garage, then they ate

5) The boys placed (put is also weird here??)

lunch

6) My friends and I found

some gold in the river. Then we looked

for

more.

7) 1 liked

to write poetry when I was

eight years old.

8) Charlotte and I saw lightening in the sky Thursday night; the storm came

fast.

9) The children went

to the park yesterday. They stayed

for two hours

outside after it snowed

Three inches of snow fell

10) We played

that day

what are the health and safety measure to be observed in enhancing finished products​

Answers

yeah that’s why not to do it on the phone or

Characters, dialogue, props, and other elements of drama work together to create an illusion of reality.
What is this illusion called?

Answers

The dramatic effect is “all the elements of drama combined in a performance to produce the vivid illusion of reality” as explained by Quizlet.

Which important detail does this photograph best help readers understand?

Answers

include the photo and i can help

Answer:

c. "Parthenon, high on a hill, catches the first light of morning."

Explanation:

Help I need the answer

Answers

Answer:

Roads

Explanation:

Just try to fill in the word "route" with the options and see which one makes sense.

the quickest building cities from A to B doesn't sound right, and neither do the other options, but the quickest roads from A to B sounds reasonable.

Choose the correct answer that completes the sentence
Somewhere is a place where __relationship will be accepted, but for now
still searching
Otheir, they're, there
they're, their, there
there, their, they're
Otheir there, they're
there, they're, their​

Answers

Their because it’s showing ownership of their relationship

Answer:

their is the answer............,......

why is deyy so good at the game its not fair

Answers

Answer:

lol

Explanation:

Attempt justification of the title of Neto's poem in relation to its content.​

Answers

Answer:

Farewell now of Parting by Agostinho Neto is a poem that demonstrates the struggles of the African folks in reclaiming their identity. And on top of that, the poem tells us that the reclaiming of African identity heavily relies on the female subject and the male subject is reliant on it.

Rearrange Of the fist month is January the

Answers

Answer:

January is the first month of the______ (year)

Explanation:

the word needed is "year", and the correct order of the sentce is above/

3. You purchase 100 shares of stock for $40 a share. The stock pays a $2 per share dividend at year-end. a. What is the rate of return on your investment if the end-of-year stock price is (i) $38; (ii) $40; (iii) $42? b. What is your real (inflation-adjusted) rate of return if the inflation rate is 4

Answers

Answer:

it can be more funny

Explanation:

9. If you had a problem with the host family, how would you go about trying to solve the
problem?

Answers

Be polite and be nice but talk about it

she tears paper into passive voice​

Answers

The paper is torn by her. Hope it helps.

I checked my email in (an) internet café or internet café ?

Answers

Answer:

I checked my email in an internet cafè

Explanation:

hope this helps u.

have a nice day

I checked my email in an Internet cafe

My doctor explain to a daily walk is healthy which of the following visit by this its to include a prepostitional phrase

Answers

My doctor explain to (us) a daily walk is healthy.

How are newspapers today typeset?
O manually
computers
cameras
telegraph?

Answers

Newspapers are typed through computers

A man walks into a restaurant and the waiter says, “Good day, Admiral.”
Why did the waiter call the man an Admiral?

Answers

Answer:

The man was wearing his uniform.

Explanation:

two diary entry's first indicate how you felt before you received academic report and the other express how you felt after receiving your report​

Answers

Answer:

A diary entry is a section of writing within your diary that is organized by date.  Since diary entries are like chapters in a book, you first have to decide what your book period of time, each of your entries should be dated based on when you write them. If you feel like you're at a loss for words, just keep writing through it.

where does supercalifragilisticexpialidocious mean?

Answers

Answer:

Supercalifragilisticexpialidocious is a nonsensical word that is sometimes used to describe something as being great or extraordinary. Supercalifragilisticexpialidocious is used especially by children and fans of Disney movies to describe something as being really good.

Explanation:

Underline the ‘where' adverbs in these sentences.
1. Mohan is playing outside.
2. Jyoti is standing there.
3. Vandana is waiting upstairs.
4. The boy looked up.
5. The puppy stays here.
6. The girl is inside.
7. The aeroplane is flying above.
8. Llooked for him everywhere.
9. We travelled far to look for him.
10. He went out to play.​

Answers

Underline these words
1. Outside
2. There
3. Upstairs
4. Up
5. Here
6. Inside
7. Above
8. Everywhere
9. Far
10. Out

Which of the following sentonces usos punctuation correctly?
OB. The controversy over whether to teach children phonics or whole language should not be an either,
or proposition
OA. The controversy over whether to teach children phonics or whole language should not be an
eitherfor) proposition
OC. The controversy over whether to teach children phonics or whole language should not be an
either or proposition
OD. The controversy over whether to teach children phonics or whole language should not be an
eitherfor) proposition.

Answers

Answer:

sorry bro verry sorry

Explanation:

Answer:

/

Explanation:

he will not come ______it rains (conjuction )​

Answers

He will not come [tex]\boxed{ if }[/tex] it rains.

Explanation:

Conjunctions are words that joins words, phrases, clauses or sentences.

Because, but, and, yet, or, nor, although, if, since, unless, while are some examples of conjunction.

[tex]\large\mathfrak{{\pmb{\underline{\orange{Mystique35 }}{\orange{❦}}}}}[/tex]

If is the correct answe
Other Questions
a 60 kg runner accelerates during a race at 3m/s2. what force is exerted on the earth with each step Explain why the set of polynomials is closed under subtraction in a cave, a stalactite gets 4 millimeters longer each year. This year it is 72 centimeters long. How many years until it is 1 meter long? professional email explanation of why the assignments was late because I'm moving at the moment hi please answer me asap I will mark brainlist F is proportional to a If F = 36 when a = 9 find, a when F = 32 Wilt Chamberlain scored 100 points in a single basketball game on March 2, 1962. In that game, he made 36 field goals (baskets) in 63 attempts. Find the ratio of field goals to attempts Something that can be broken down by living organisms isa.biodegradable.c.ecological.b.economic.d.renewable.Please select the best answer from the choices providedABCD Which statement best explains how images help readers? (1) its no wonder students grades drop when they enter highschool. (2) they are suffering various effects of sleep deprivation The perimeter of a rectangle is 80x. The base is 7 times the height. In terms of x, what are the dimensions of the rectangle?a.h = 10x, b = 10xc.h = 3x, b = 5xb.h = 5x, b = 35xd.h = 5x, b = 25x What is the usual CORRECT pairing of DNA? Look closely at the picture to figure it out.A. T-C and G-AB. C-G and A-T conoc a esta persona y la persona me est ignorandoQu tengo que hacer? What is used to describe the conditions of a reaction at equilibrium?O A. A reaction-rate constantO B. An activation energyO C. An ideal gas constantO D. An equilibrium constantSUBM Tony is building a new silo to store corn as animal feed. It will be a cylindertopped with a half-sphere, and must store 21 000 t of corn. The entire silo can befilled with corn. Tony wants to minimize the surface area of the silo to reducematerials and paint costs. He has the following information: 1 cubic m of corn has a mass of 700 kg. Building costs are $8/m2, taxes included. Paint comes in 3.8 L cans.Each can covers 40 sq m and costs $35,taxes included. Corn costs $140 per tonne ($140/t), taxesincluded.02Recall that 1 ton = 1000kgWhat is the total cost to build, paint, and fill a silo with the least surface area? are there engineering students here? I beg you to help me in this and im gonna mark u as brainliest but fassttt help.............................................................. Solve for angle C please true or false people use inquiry to help them solve problems that they encounter in their everyday lives.