bought a achine for no salvage :depreciation exp 5,000 8,000 10,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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company A bought a machine for 50,000$ with no salvage value and has a useful life 5 years, what is
:depreciation expense per year
5,000
8,000
10,000
None of the answers are correct O
Transcribed Image Text:company A bought a machine for 50,000$ with no salvage value and has a useful life 5 years, what is :depreciation expense per year 5,000 8,000 10,000 None of the answers are correct O
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