Question

At the beginning of the year, Jobs Co. owned one piece of office equipment, a copier. The copier was purchased two years ago for $12,000. At the beginning of the year, the balance in accumulated depreciation was $4,000. Jobs uses straight-line depreciation of $2,000 per year with a zero salvage value. How much is accumulated depreciation at the end of the year

Answer 1

Your answer would be $6,000

Step-by-step explanation:

Because at the beginning it was $4000 and then every year it added $2000

so the at the end of the year it would be $6000

Answer 2

$6,000 is accumulated depreciation at the end of the year.