Williams company purchased a truck for 38000 with an expected life of five years and residual value of 3800 at the end of the year three the truck has accumulated depreciation of 20520 six months later the truck is sold for 5000 what is the amount of adjustment that needs to be made for the additional six months of depreciation assuming the straight line method used?

Answer rating: 100% (QA)

To calculate the additional depreciation for the six months we first need to determine t... View the full answer