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4 The following information relates to Bangers & Smash a car repair business: Machine 1 Machine 2 Cost $12,000 $8.000 Purchase date 1 August 20x5
4 The following information relates to Bangers & Smash a car repair business: Machine 1 Machine 2 Cost $12,000 $8.000 Purchase date 1 August 20x5 1 October 20X6 Depreciation 20% straight line pro rata 10% reducing balance pro method rata What is the total depreciation charge for the years ended 31 December 20x5 and 20X6? 20x5 20X6 $ 2,400 2,600 1,000 2.600 2,400 3,200 1,000 3,200 5
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College Accounting, Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
21st Edition
1285055411, 9781285055411
