In year N, Company A bought a car for $ 60,500, which lasted for 5 years and
Fantastic news! We've Found the answer you've been seeking!
Question:
In year N, Company A bought a car for $ 60,500, which lasted for 5 years and the remaining price was $ 500. Tasks to be done
a) Calculate the annual depreciation Staight line Method
b) Calculate the depreciation gradually Double Double Declining Balance Method
c) Record the vehicle depreciation in Company A journal on the 3rd month 12 years N + 2 gradually decreases.
Related Book For
Business Statistics
ISBN: 978-0321925831
3rd edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
Posted Date: