Jester Industries presents you with the following information. Instructions Complete the table for the year ended December
Question:
Jester Industries presents you with the following information.
Instructions
Complete the table for the year ended December 31, 2015. The company depreciates all assets using the half-yearconvention.
Transcribed Image Text:
Accumulated Date Salvage Life in Depreciation Depreciation to Depreciation Description Purchased Cost Value Years Method 12/31/14 for 2015 Machine A 7/10/11 $216,000 $36,000 6 Machine B 10/5/13 Machine C 8/2/12 210,000 5,000 10 Machine D 2/12/(g) 148,000 25,000 5 DDB $105,000 46,667 (c) 15,000 5 SYD SL (0 29,600
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Methods of Depreciation Description Date Purchased Cost Salvage Life Method Accum Depr to 2014 2015Depr A 71009 216000 36000 6 a 105000 b B 10511 c 15...View the full answer
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Related Book For
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
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