The Merrick Company bought store equipment on July 3rd of the current year at a cost of $4,800. The store equipment has an estimated useful life of six (6) years and an estimated disposal value of $600.

The first year annual depreciation expense if you used the straight line method of the machine should be
$ 700
$ 800
$ 350
$ 400

Answers

Answer 1

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Answer 2

Depreciation is a method of accounting for deducting the operating expenses of a tangible or physical asset over its usable life or expected life. Depreciation is a term used to describe what kind of asset class equity will be used.

Calculation of the annual depreciation.

Below is the given data:

Cost of the asset: $4800

Disposal value: $600

No. of years: 6

[tex]\begin{aligned}\text{Depreciation} &= \frac{\text{cost of the asset - disposal value}}{\text{No. of years}} \\=&\frac{\$4800-\$600}{6}\\ =&\$700\end{aligned}[/tex]

Therefore the correct option is $ 700.

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Related Questions

Identify the statement that is not true regarding federal and state courts.
A. State courts are not allowed to hear cases involving antitrust, bankruptcy, and copyright.
B. Cases individual citizens are most likely to be involved in are usually tried in federal courts.
C. Federal courts hear cases in which the United States is a party.
D. Federal courts hear cases between citizens of different states if the amount in controversy exceeds $75,000.

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Answer:

B. Cases individual citizens are most likely to be involved in are usually tried in federal courts.

Name and describe three public affairs careers.

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Answer: Publicist. A publicist is typically the role people think of when they think of a PR professional.  

Copywriter. Another role that can be part of an agency or in-house team, a copywriter is responsible for writing publicity and marketing materials on behalf of clients.

Spokesperson

Corporal punishment is
illegal in the United States
the imposition of fines
a military punishment
physical punishment

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physical punishment

South Africa uses what type of economic system​

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Answer:

South Africa has a mixed economy in which there is a variety of private freedom, combined with centralized economic planning and government regulation.

Do I lisjtjtjejejgjsjjwjgsjwjf

WILL GIVE BRAINLIST

Which is an example of a delinquent act?

A.-assault
B.-truancy
C.-using tobacco
D.-alcohol possession

Answers

Answer:

c

Explanation:

A delinquent act is doing something wrong

C because a delinquent act is an act committed by a juvenile for which an adult could be prosecuted in a criminal court, but when committed by a juvenile is within the jurisdiction of the juvenile court.

Write True if the statement is correct and False if it is not.

______1.The nation-state as the main site of sovereignty is the basic feature

of modernity and major constituent of personal identity.

_______2. Culture differs depending on the needs of individuals.

_______3. Culture refers to that complex whole which includes knowledge,

beliefs, arts, morals, laws and customs and any other capabilities and

habits acquired by man as a member of society.

_______4.People develop a culture of their own out of their

learning and experiences from their environmental

exposure.

_______5. Society is a product of man’s political and economic interest.

_______6.Sociology deals with the understanding of political and

relationships such as bureaucracy and hierarchy.

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_______9. Scientific investigation is utilized in conducting sociological

inquiry.

_______10. The study of sociology broadens the experience of individuals

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Answers

Answer:

1 false

2 false

3 true

4false

5true

6true

7false

8true

9true

10 false

In this exercise, you're required to determine if each of the given sentences is either True or False.

1. True: The nation-state as the main site of sovereignty is the basic feature  of modernity and major constituent of personal identity.

A sovereign state whose citizens have a common culture, common history, common descent and the same language is referred to as a nation-state. Since, the citizens or subjects have a common culture, nation-state is the major constituent of personal identity.  

2. True: Culture differs depending on the needs of individuals.

Each individual create the type of society that they want to have based on their needs, customs and traditions.

3. True: Culture refers to that complex whole which includes knowledge,  beliefs, arts, morals, laws and customs and any other capabilities and  habits acquired by man as a member of society.

4. True: People develop a culture of their own out of their  learning and experiences from their environmental  exposure.

5. True: Society is a product of man’s political and economic interest.

Thus, a society is a product of the relationship of humans with politics and economy.

6. False: Sociology deals with the understanding of political relationships such as bureaucracy and hierarchy.

Sociology deals with the understanding of the socio-cultural patterned, shared human behaviors and interactions with respect to the structure, functioning, growth and development of their society.

7. True: People tend to associate politics with power.

This is simply because politics is a fierce struggle and compromise between the haves and the have-nots, the powerful and powerless.

8. True: Culture produces man-made thing.

Basically, culture produce man-made (artificial) things such as food, clothing, machines, tools, etc.

9. True: Scientific investigation is utilized in conducting sociological  inquiry.

Sociological  inquiry involves the utilization of scientific investigation to acquire information about human interaction with the society.

10. True: The study of sociology broadens the experience of individuals  because they would learn how to discard the prejudices and become more understanding of the customs of other people​.

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What type of gov do these terms describe?
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B. Unlimited gov
C. Tyrannical gov
D. Authoritarian gov

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Answer:

Limited and unlimited governments

Limited and unlimited governments

Explanation:

Should cereal be considered a soup?!?​

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Answer:

if yes, i would say a cold soup maybe lol and can i have brainliest pls thanks?

Explanation:

People may get injured in crashes when they stop their vehicles too quickly ?
True or false.

Answers

True, if they don’t have their seatbelt they could go through the wind shield

How long is a representative's term of office?
one year
two years
four years
six years​

Answers

Answer:

2 years

Explanation:

Answer: two years

Explanation:

what are the odds of having 2 radial loop fingerprints​

Answers

Answer:

thumb, that is, toward the radius, the shorter of the two bones in the forearm ... Table 1 Frequency of Fingerprint Patterns. Loops. Whorls. Arches ulnar radial plain other ... What are the odds that heads will come up twice in two tosses of the coin

Explanation:

sorry if this does not answer the question

Found a bot please report them.
User: Rabidfoxxy

Answers

Answer:

gotcha man

Explanation:

The Articles of Confederation showed respect for both the states and the federal government, so why was it not considered the right document for this new nation?


a. Alexander Hamilton fought for keeping the Articles of the Confederation but he could persuade John Jay to agree.

b. Many lawmakers realized it would need serious alterations to meet needs of a developing nation.

c. The debates provoked so much disagreement that they had to vote down the Articles of Confederation.

d. The delegates to the convention voted for George Washington to come up with a new confederation.

Answers

Answer:

B

Explanation:

But the A of C were favoring state power too much and they purposely created a weak national government that couldn’t meet the needs of the new nation.

Answer:

Many lawmakers realized it would need serious alterations to meet needs of a developing nation.

Explanation:

Those who fought for a new Constitution believed that only a constitution could establish the scope and power of a new nation’s government so that a federal legal system could be established.

whats a description of a national debt

Answers

Answer:

The national debt is simply the net accumulation of the federal government's annual budget deficits. It is the total amount of money that the U.S. federal government owes to its creditors. To make an analogy, fiscal or budget deficits are the trees, and the national debt is the forest. hope this helps

Explanation:

Plz settle this arguement
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Answers

the 1st one face pic one looks better to me but maybe just smile

To make a change in a legal document is to make an addendum.

True
False

Answers

I believe it is True
I think it is true.
Addendum is to add additional material, so making a change to a legal document should be the same.

On her way to work, Ivy notices a toddler who is playing in a yard all alone. The toddler is getting close to the road. Ivy is obviously not the toddler’s parent but worries that the child might wander into the road and be hurt. She stops and knocks on the front door. The woman at the door is so thankful that Ivy stopped because she didn’t realize her little son was even outside. Ivy explains that she didn’t want to be nosy, but she just felt compelled to make sure the toddler was safe. What is Ivy’s action an example of?

Answers

Answer:

Concern or if needed in a fancier term, lawful trespassing out of concern for a humans well-being (?) (Not a law student but I've got a good understanding about the biggest laws; trespassing, assault, murder/manslaughter, road laws) so I hope this helps.

Answer: Folkway

( I'm not for sure let me know if I'm wrong)

Explanation: Grad point

How did William the Conqueror's 1066 A.D. Invasion of England further the concept of law in ways still practiced today?
O William was the first king to show the relevance of precedent.
O American law is based in part on English legal structures that combined William's writs, Roman law, custom and practice with England
common law.
O William was successful in establishing his royal authority because he was able to use many different codes in his jurisdictions.
O William furthered American law by addressing every crime with writs that later became warrants in American law.

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Answer: D. on edge

Explanation: there

Documentation procedures should include photographing, measuring, sketching, and video recording the scene.
A. True
B. False

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The answer A.True 11111111111111111111111111111
True
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Choose the term that best matches the description given.
The act that provides protection against hacking into your personal information that is stored in records or archives on servers:
Pls help me I will give best answer, and if you have the other question answer that would help

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Answer:

USA patriot Act of 2001 very sorry if its wrong

Which of the following does NOT exemplify courage?

A.
A construction worker who, knowing that he might lose his job, notifies authorities that his boss is illegally dumping trash and pollutants in a nearby lake.
B.
A soldier who goes into a combat zone to help save his fellow soldiers.
C.
A politician who stands up for what is right, even though it is not popular with his voters.
D.
A businessman who neglects to notify his boss of his mistake because he doesn’t want to lose his job.

Answers

Answer:

D

Explanation:

Answer:

D

Explanation:

On edge

Need help with this question, i'll give branliest.

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well the two patterns are when it turns into a caterpillar, and the second would be when it breaks out of the cocoon to turn into a beautiful butterfly

What conclusion can be drawn from the growth of the president's cabinet?

From the beginning, a small cabinet was insufficient to meet the need for government services.

Over time, presidents have recognized the need to provide additional government services.

The basic functions of the three branches of government have become more complex.

The constitution outlined the ways that the structure of the government should be broadened.

Answers

The conclusion drawn from the improvement of the president's cabinet is that the constitution outlined the ways that the structure should be extended. Thus, the correct answer is D.

What is the president's cabinet?

President's cabinet is a structured body that provides advice to the government related to the issue and concerns of the country. This includes 15 departments at the executive level.

This executive department took care of its responsibilities and helps President by counseling, suggestions, and opinion to implement a better decision making.

There the correct answer is 4  that based on their work, the structure of the government should be extended.

Learn more about the president's cabinet, here:

https://brainly.com/question/19817479

#SPJ2

In which situation would parol evidence be allowed in a contract dispute in
court?
O A. When one party cannot appear in court
B. When a contract is clearly understandable
C. When a contract has already been terminated
D. When it demonstrates potential duress

Answers

i’m leaning more towards c but i think it could be d

Answer:

D. when demonstrates potential duress :)))

Explanation:

a p e x

I need fresh memes for sustinance.

Answers

Ever heard for reddit they got some juicy ones

I will give brainliest to the person who makes me laugh. :) No links, just funny stuff XD

Answers

Answer:

Hi I think your “abcdefghijk”

A- Amazing

B- Bold

C- Chill

D- Diligent

E- Excellent

F- Freindly

G- Great

H- Happy

I- Imaginative

Jk

So the doctor went to the patients room

The girl who was the patient said, “I want to be a doctor when I grow up”

The doctor replied, Awwww, you won’t.

Waitress: Hi can I take your order?

Man: ermm can i get a steak?

Waitress: Sure how would you like it done

Man: The times I won an argument with my wife

Waitress: Rare it is!

The US Constitution upholds the rights to trademarks and copyrights.
True
False

Answers

Answer:

True

Explanation:

The US Constitution upholds the rights to trademarks and copyrights.

These questions are based on a true story my neighbors are Pitbull breeders
Is it illegal to chain up your dog?
Is it illegal to breed dogs in your backyard?
If It's illegal to do both these things then why do people still do it?

Unchain your dog today!

Answers

Answer:

aightttttttttttttttttttt

what is it known as when both the federal government and state government share a particular power?

Answers

Answer:

Federalism describes the system of shared governance between national and state governments.

Explanation:

Article VI, Paragraph 2 of the U.S. Constitution is commonly referred to as the Supremacy Clause. It establishes that the federal constitution, and federal law generally, take precedence over state laws, and even state constitutions.

How do airbags prevent injury ?
A. They spread the crash forces over the upper body.
B. They provide upper body restraint.
C. Both A and B
D. None

Answers

Answer:

C. Both A and B

Explanation:

he deployment of a airbag protects the head and upper body of the driver, and reduces some of the force exerted on the driver by the seatbelt.

Answer:

A and B

Explanation:

A large force can be exerted on passengers by rapid deceleration, causing injuries. Seatbelts, crumple zones, and airbags in cars help reduce injuries in a crash by reducing momentum more gradually. Each of these features also absorbs some of the energy of the collision and transfers it into a less dangerous form.

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