Duval Company acquired a machine on January 1, 20 A, that cost $2,700 and had an estimated

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Duval Company acquired a machine on January 1, 20 A, that cost $2,700 and had an estimated residual value of $200. Complete the following schedule using the three methods of amortization:

a) Straight-line,

b) Using-of-production,

c) Declining-balance at 150% acceleration rate.

Amortization expense For 20B Accumulated Amortization Estimated useful life Method 12/31/20B SL 5 years 10,000 units tot

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Intermediate Accounting

ISBN: 978-0538479738

18th edition

Authors: Earl K. Stice, James D. Stice

Question Posted: Apr 18, 2012 04:28 AM

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Duval Company acquired a machine on January 1, 20 A, that cost $2,700 and had an estimated

Question:

Amortization expense For 20B Accumulated Amortization Estimated useful life Method 12/31/20B SL 5 years 10,000 units total 1,000 units 20A's actual 1,200 units 20B's actual 5 years A UOP с Dв

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