) AEB company purchased a machine of 51000$ on January 1, 2015. The machine is expected...
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) AEB company purchased a machine of 51000$ on January 1, 2015. The machine is expected to have a salvage value of 6000$ at the end of its 5 year useful life. During the useful life, the machine is expected to be used for 5000 hours. The machine was used as under: Years 2015 2016 2017 2018 2019 Hours used 1,200 800 1.150 850 1,000 I Calculate the annual depreciation of company using linear depreciation. What is the book value at the end of each year and show in the table? ) AEB company purchased a machine of 51000$ on January 1, 2015. The machine is expected to have a salvage value of 6000$ at the end of its 5 year useful life. During the useful life, the machine is expected to be used for 5000 hours. The machine was used as under: Years 2015 2016 2017 2018 2019 Hours used 1,200 800 1.150 850 1,000 I Calculate the annual depreciation of company using linear depreciation. What is the book value at the end of each year and show in the table?
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To calculate the annual depreciation using the linear depreciation method we need to determine the d... View the full answer
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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