Ask Question
BusinessBusiness
21 December, 13:02

A. sound tracker company retires its delivery equipment, which cost $41,000. accumulated depreciation is also $41,000 on this delivery equipment. no salvage value is received.

+5
Answers (1)
  1. 21 December, 13:09
    0
    The amount of the salvage may be calculated using various equations. We are given that the sound tracker is retired about some time and this was initially bought at $41,000. However, we are given that the accumulated depreciation is also equal to $41,000.

    Since the initial payment is similar to the accumulated depreciation hence, the salvage value is zero.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A. sound tracker company retires its delivery equipment, which cost $41,000. accumulated depreciation is also $41,000 on this delivery ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Candela Company has retained earnings of $500,000, common stock of $400,000, and total common stockholders' equity of $1,200,000. It has 200,000 shares of $2 par value commonstock outstanding which is currently selling for $5 per share.
Answers (1)
The serving staff at mary's diner does not have to check with their supervisor before offering customers free dessert when the customers are dissatisfied with their dine-in experience. this is an example of
Answers (1)
If a partnership is liquidated, how is the final allocation of business assets made to the partners? Group of answer choices A. Equally B. According to profit and loss sharing ratios C. According to final capital account balances D.
Answers (1)
Which entry would be used to record the payment of office salaries? A. Debit Cash; credit Accounts Receivable B. Debit Cash; credit Salaries Expense D. Debit Salaries Expense; credit Cash
Answers (1)
Green Garden Company purchased a tractor at a cost of $240,000. The tractor has an estimated residual value of $40,000 and an estimated life of 8 years, or 10,000 hours of operation.
Answers (1)
New Questions in Business
In the united states today, what gives money its value?
Answers (2)
An employer has the right to monitor workers electronic communications if
Answers (1)
What is a kind of federal payroll tax A) Medicare tax B) sales tax C) property tax D) progressive tax
Answers (2)
The Rye Corporation has provided the following information: Total sales were $1,240,000. Beginning net accounts receivable was $49,000. Ending net accounts receivable was $63,000. Sales returns and allowances totaled $108,000.
Answers (1)
It's important to know whether you've paraphrased and cited source material for your paper correctly so you avoid plagiarism. Read the original quote below and the two attempts to paraphrase it.
Answers (1)
Home » Business » A. sound tracker company retires its delivery equipment, which cost $41,000. accumulated depreciation is also $41,000 on this delivery equipment. no salvage value is received.
Sign Up Forgot Password?