GB 518 Course Great Wisdom / tutorialrank.com GB 518 Course Great Wisdom / tutorialrank.com | Page 39

Gives its owner the exclusive right to publish
and sell a musical or literary work during the life of the creator plus
17 years
Question 7. Question :
for 60 days is:

$36

The interest accrued on $3,600 at 7%

$42

$252
$180
$420

Question 8. Question :
A machine originally had an estimated
useful life of 5 years, but after 3 complete years, it was decided that
the original estimate of useful life should have been 10 years. At that
point the remaining cost to be depreciated should be allocated over
the remaining:
2 years
5 years
7 years
8 years