You are the accountant for Dunder Mifflin Paper Company. Michael Scott, the regional manager, has asked...

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You are the accountant for Dunder Mifflin Paper Company. Michael Scott, the regional manager, has asked for your help. The branch bought a new copier and Michael does not know which method of depreciation to use for his new asset. Provide a recommendation on which method of depreciation to use. Give Michael 3 reasons why this method is the most appropriate for the new copier. Lastly provide some advice to Michael about determining the residual value and useful life of the copier. (4 marks) Recommendation of Depreciation Method for New Copier: Reason 1: Reason 2: Reason 3: Advice about determining residual value and useful life of the copier: You are the accountant for Dunder Mifflin Paper Company. Michael Scott, the regional manager, has asked for your help. The branch bought a new copier and Michael does not know which method of depreciation to use for his new asset. Provide a recommendation on which method of depreciation to use. Give Michael 3 reasons why this method is the most appropriate for the new copier. Lastly provide some advice to Michael about determining the residual value and useful life of the copier. (4 marks) Recommendation of Depreciation Method for New Copier: Reason 1: Reason 2: Reason 3: Advice about determining residual value and useful life of the copier:

Answer rating: 100% (QA)

Photocopier being an office equipment tend to lose its value very fast during the initial years and ... View the full answer