The sahara company purchased equipment on january 1, 2015, for $100,000. the equipment had an estimated residual
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The sahara company purchased equipment on january 1, 2015, for $100,000. the equipment had an estimated residual value of $10,000, an estimated useful life of five years, and estimated lifetime output of 18,000 units. in 2016, the company produced 4,400 units and recorded depreciation expense of $22,000. what depreciation method did the company use?
Related Book For
Financial Accounting
ISBN: 978-0078025549
3rd edition
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
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