Question
A training organisation purchases aheavy volume copier for large workloadson 1/7/2022 for $36,000 [GST exclusive]. It has a useful life of 4 years and a
A training organisation purchases aheavy volume copier for large workloadson 1/7/2022 for $36,000 [GST exclusive]. It has a useful life of 4 years and a residual value of $4,000 [GST exclusive]. Produce a depreciation worksheet using straight line depreciation.
Fill in the missing numbers for financial years 2023 to 2026.
Date OWDV ($) Annual depreciation ($) Accumulated depreciation CWDV ($) ($) 1/07/2022 30/06/2023 30/06/2024 30/06/2025 30/06/2026
Step by Step Solution
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Step: 1
To calculate the straightline depreciation for the heavy volume copier we can use the following step...
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Accounting
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
9th edition
1118608224, 1118608227, 730323994, 9780730323990, 730319172, 9780730319177, 978-1118608227
