Equipment that cost $525.000 and had an accumulated of $325,000 was sold for $270,000. Data from...

Transcribed Image Text:

Equipment that cost $525.000 and had an accumulated of $325,000 was sold for $270,000. Data from the comparative balance shoets are: 12/31/21 12/31/20 $3,240,000 $2.925.000 Equipment Accumulated Depreciation 990.000 855.000 Example of Answer: 4000 No comma, space, decimal point, or $ sign, Compute depreciation expense for 2021 Answer Compute the amount of equioment purchased during 2021 Arisver Equipment that cost $525.000 and had an accumulated of $325,000 was sold for $270,000. Data from the comparative balance shoets are: 12/31/21 12/31/20 $3,240,000 $2.925.000 Equipment Accumulated Depreciation 990.000 855.000 Example of Answer: 4000 No comma, space, decimal point, or $ sign, Compute depreciation expense for 2021 Answer Compute the amount of equioment purchased during 2021 Arisver

Answer rating: 100% (QA)

Ending balance of Accumulated dep 990000 Add Accumulated dep on ... View the full answer