Question
Calculate depreciation for the long-term assets that are listed below. Each asset was acquired in 2019 and the depreciation needs to be calculated for 2020.
Calculate depreciation for the long-term assets that are listed below. Each asset was acquired in 2019 and the depreciation needs to be calculated for 2020.
Land $49,259.00
Building $437,442.00
Machinery $62,677.00
Equipment $6,355.00
Office Supplies $1,873.00
Boat #1 $31,450.00
Boat #2 $44,821.00
Boat #3 $4,200.00
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian edition
119-49633-5, 1119496497, 1119496330, 978-1119496496
