prepare the double declining balance schedule

a Prepare the journal entry (entries) required to record those transactions. Assume that all expenditures are paid in cash. 3. Depreciation Methods, Disposal. Kurtis Koal Company, Inc. purchased a new mining machine at a total cost of $900,000 on the first day of its fiscal year. The firm estimates that the machine has a useful life of 6 years or 6,000,000 tons of coal and a residual value of $60,000 at the end of its useful life. The following schedule indicates the actual number of tons of coal mined with the machine per year: Year Tons of Coal 700,000 1,400,000 I 1,600,000 1,000,000 750,000 6 550,000 WN - 2 3 Required Prepare the depreciation schedules for the machine assuming that Kurtis Koal used the following methods domanda