Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the...

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Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acc and the year of disposal. (Round answers to O decimal places, e.g. 5,275.) Residual Value Depreciation Methol Date Life in Description Purchased Cost Years Machine A Dec. 2, 2022 $160,000 $13,000 10 Double-declining balance Machine B Aug. 15, 2021 71000 20,000 5. Straight-line Machine C July 21, 2020 72,800 23,500 8. Double-declining-balance Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31. 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to O decimal places, eg. 5,275.) Accumulated Residual Life in Depreciation Depreciation Depreciation to Dec. 31, 2023 Value Years Method for 2024 $160.000 $13,000 10 Double declining-balance v $44,800 %24 71000 20,000 Straight-line 25,500 72,800 23.500 Double-declining-balance Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31, 2024. The company depreciates all assets for a half year in the year of acc and the year of disposal. (Round answers to O decimal places, e.g. 5,275.) Residual Value Depreciation Methol Date Life in Description Purchased Cost Years Machine A Dec. 2, 2022 $160,000 $13,000 10 Double-declining balance Machine B Aug. 15, 2021 71000 20,000 5. Straight-line Machine C July 21, 2020 72,800 23,500 8. Double-declining-balance Sweet Acacia Industries Ltd., a public company, presents you with the following information: (a) Complete the table for the year ended December 31. 2024. The company depreciates all assets for a half year in the year of acquisition and the year of disposal. (Round answers to O decimal places, eg. 5,275.) Accumulated Residual Life in Depreciation Depreciation Depreciation to Dec. 31, 2023 Value Years Method for 2024 $160.000 $13,000 10 Double declining-balance v $44,800 %24 71000 20,000 Straight-line 25,500 72,800 23.500 Double-declining-balance

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Answer Description Date purchased Cost Residual value Life in years Depreciation method Accumulated ... View the full answer