4.Moon Inc purchased an office equipment for P13,000 on July 1, 2012. The company intends to depreciate

Fantastic news! We've Found the answer you've been seeking!

Question:

4.Moon Inc purchased an office equipment for P13,000 on July 1, 2012. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is P1,000. Depreciation for 2012 is?

Posted Date: Jun 22, 2024 12:04 AM

See More Questions

Define relative efficiency. LO-1
Gill Company, organized in 2014, has the following transactions related to intangible assets . Instructions Prepare the necessary entries to record these intangibles. All costs incurred were for...
Please identify all of these. Need to present and discuss this :( Identify the different classical trade theories and theoretical prescriptions. Explain why nations trade with each other from...
An automated car wash called Jet Express outside a large Texas city on the beltway is deading whether to build and install one dedicated vehicle wash line or have two parallel wash lines There are no...
XYZ Company is a multinational corporation that specializes in manufacturing consumer electronics. The company recently faced a compliance failure that caused significant financial and reputational...
It was mentioned that the leader's commitment to leveraging diversity within the team meant that interactions were characterized by inclusivity and openness. Diversity in the workplace has been...
A strain gauge transducer uses a Wheatstone bridge circuit to measure strain using resistance as shown in Figure Q4. The maximum permissible instrument gauge current is 0.25 A. (a) (b) R Figure Q4...
Describe at least four forces for change and four for the status quo. Then, outline the change(s) you want to see. Describe the end goal and the consequence of the change with one to two sentences....
Draw the diagram in one color for the first move and then another color for the second move. 1. Move 1: Translate 5 units right and 1 unit up. Move 2: Rotate 90 clockwise around the origin. List the...
You are interested in determining the incidence of cryptosporidiosis (a zoonotic illness) among people who work with young dairy calves. What type of study should you use? Question 9 options: Focus...

4.Moon Inc purchased an office equipment for P13,000 on July 1, 2012. The company intends to depreciate

Question:

Expert Answer:

Students also viewed these accounting questions