On October 1, 2015, Alexander Corp. bought furniture for its new office for $20,000. (Furniture falls within
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Requirements
1. Calculate the depreciation expense and net book value on December 31, 2015 and 2016.
2. Calculate the CCA and UCC for 2015 and 2016.
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1 Annual straightline 20000 20005 years 3600 per year Depreciation expense in 2015 for 3 months O...View the full answer
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Related Book For
Financial Accounting
ISBN: 978-0133375534
2nd Canadian edition
Authors: Jeffrey Waybright, Robert Kemp, Sherif Elbarrad
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