On november 1, 2016, blossom company places a new asset into service. the cost of the asset is $73000 with an estimated 10-year life and $11000 salvage value at the end of its useful life. what is the depreciation expense for 2017 if blossom company uses the straight-line method of depreciation

Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)