Question

From the following, prepare depreciation schedules for the first two years for
(a) Straight-line,
(b) Units-of-production,
(c) Double declining-balance at twice the straight-line rate methods.
Machine purchased on January 1 ...... $1,900
Residual value .............. $300
Estimated useful life ........... four years
Total estimated output ........... 800 units
Output year 1 ................ 100 units
Output year 2 ................ 150 units



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  • CreatedApril 24, 2014
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