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company's year - end is December 3 1 . Problem 9 - 1 0 B Calculating depreciation; partial year's depreciation LO 2 , 3 CHECK
company's yearend is December Problem B Calculating depreciation; partial year's depreciation LO CHECK FIGURES: Deprec. Expense: Equipment $; Machinery $; Tools $ At April Hackney Building Products' yearend, the balance sheet showed PPE information as detailed in the schedule below. The company calculates depreciation for partial periods using the halfyear convention. tableCost Information,DepreciationDescriptiontableDate ofPurchasetableDepreciationMethodCost Residual,Life,tableBalance ofAccum Deprec.April tableDepreciationExpense fortableBalance ofAccum Deprec.April EquipmentOct. Straightline,$$MachineryOct. tableUnitsofproductiontableunitsToolsNov. tableDoubledecliningbalance yr 'There have been no disposals or betterments since the date of purchase. Actual units produced were for years ended April : ; ; ;
company's yearend is December
Problem B Calculating depreciation; partial year's depreciation LO
CHECK FIGURES: Deprec. Expense: Equipment $; Machinery $; Tools $
At April Hackney Building Products' yearend, the balance sheet showed PPE information as detailed in the schedule below. The company calculates depreciation for partial periods using the halfyear convention.
tableCost Information,DepreciationDescriptiontableDate ofPurchasetableDepreciationMethodCost Residual,Life,tableBalance ofAccum Deprec.April tableDepreciationExpense fortableBalance ofAccum Deprec.April EquipmentOct. Straightline,$$MachineryOct. tableUnitsofproductiontableunitsToolsNov. tableDoubledecliningbalance yr
'There have been no disposals or betterments since the date of purchase.
Actual units produced were for years ended April : ; ; ;
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