An asset cost \$33,000. It has an expected useful life of 5 years and an expected salvage value of \$3,000. Depreciation expense for the first year of the asset's life using the straight-line method
is (Points : 3)
An asset cost \$33,000. It has an expected useful life of 5 years and an expected salvage value of \$3,000. Depreciation expense for the first year of the asset's life using the straight-line method is \$6,000. (33,000-3,000)/5=6,000
Original conversation
User: An asset cost \$33,000. It has an expected useful life of 5 years and an expected salvage value of \$3,000. Depreciation expense for the first year of the asset's life using the straight-line method is (Points : 3)

Weegy: An asset cost \$33,000. It has an expected useful life of 5 years and an expected salvage value of \$3,000. Depreciation expense for the first year of the asset's life using the straight-line method is \$6,000.

(33,000-3,000)/5=6,000

User: When an account balance is not affected by an adjusting entry, the amount shown in the Trial Balance columns is extended directly to the Adjusted Trial Balance columns. (Points : 3) true or false

Weegy: When an account balance is not affected by an adjusting entry, the amount shown in the Trial Balance columns is extended directly to the Adjusted Trial Balance columns. This is TRUE.

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The probability that event A will occur is P(A) = Number of successful outcomes / total number of all possible outcomes. (Points : 5) True or false
Question
Updated 11/16/2013 6:17:41 PM
The probability that event A will occur is P(A) = Number of successful outcomes / total number of all possible outcomes. This is TRUE.
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