Bundy Company purchased several computerized cash registers on April 2, 2019, at a total cost of $36,600.
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Bundy Company purchased several computerized cash registers on April 2, 2019, at a total cost of $36,600. Estimated useful life of the registers is four years, and their total expected salvage value is $1,600. Bundy uses the straight-line method of depreciation and has a December 31 year-end. Determine the amount of depreciation expense in 2019 assuming, alternatively, that
(a) Depreciation is calculated to the nearest month
(b) Bundy uses the midyear convention.
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Related Book For
Introduction To AccountingAn Integrated Approach
ISBN: 9781119600107
8th Edition
Authors: Penne Ainsworth, Dan Deines
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