Question: please help me to answer these Questions using your keyboard don't use handwriting 1. Give an example (numerical examples) of how companies depreciate their plant

please help me to answer these Questions using your keyboard don't use handwriting

1.

Give an example (numerical examples) of how companies depreciate their plant assets under each method.

1. Straight line method:
2. Units of production method:
3. Sum of years digit:
4. Written down value method and Double declining method:
2.

A company wants to use the allowance method to account for bad debts. You are assigned to Give an example (numerical examples) to the company the different ways it can use to estimate bad debts.

1) Percentage of Sales Method

2) Percentage of Accounts Receivables

3) Aging of Accounts Receivables

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!