Question: Please i need help with this - just any example will be fine -give an example or make a list of assets an organization might
Please i need help with this - just any example will be fine
- -give an example or make a list of assets an organization might need. (Any organization of your choice)
- Select ONE of those assets to depreciate, estimate the useful life, residual value.
- determine which depreciation method(s) you will use and explain how you determined the useful lives, residual values, and whyyou selected the depreciation method you used.
- journal entry to record the depreciation expense for the first year
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