Question
A machine costing 400.000 was purchased on January 1,2015.estimate salvage is 40.000 and its expected life is 4 years. A) Calculate depreciation for 2015 using
A machine costing 400.000 was purchased on January 1,2015.estimate salvage is 40.000 and its expected life is 4 years.
A) Calculate depreciation for 2015 using the straight line method.
B) Calculate depreciation for all 4 years using the double declining balance method.
C) Calculate depreciation for 2015 and 2016 using the sum of the years digits method.
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Management Accounting Principles And Applications
Authors: Hugh Coombs, D Ellis Jenkins, David Hobbs
1st Edition
1412908434, 978-1412908436
