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Automobile s and trucks: Book value, 1/1/16 $177,000 - $ 71,675 105,325) Deduct 1/1/16 book value of truck sold on 9/30 ($10,000 + 2,250) (12,250)
Automobile s and trucks: Book value, 1/1/16 $177,000 - $ 71,675 105,325) Deduct 1/1/16 book value of truck sold on 9/30 ($10,000 + 2,250) (12,250) Amount subject to 59,425 depreciation 150% declining balance rate
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Hospitality Financial Accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Agnes L.
2nd Edition
9780470598092, 470083603, 978-0470083604
