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-coursework-89357 Financial Accounting 3e by Poteau & Malhotra Class Lab Book Chapter 6 Homework Chapter 6 Homework 10 Homework questions from chapter 6. 1.
-coursework-89357 Financial Accounting 3e by Poteau & Malhotra Class Lab Book Chapter 6 Homework Chapter 6 Homework 10 Homework questions from chapter 6. 1. Which of the following is not a revenue expenditure? a. Fuel costs to operate factory equipment. b. Executive salaries. c. Leasehold improvement costs. d. Routine machine repair and maintenance costs. Topic covered in current section Bec 2. Suppose the following original and revised information is available regarding a piece of equipment: Original information at Jaenary 1, 2001 January 1, 20X1 Equipment cost Estimated life at January 1, 2001. Estimated salvage val Double declining balance (DD) depressition holing the all your co Revised infomation at January 1, 200 Estimated fetal from January 1, 201 Othat is. 5 year life remaining fury 1.200 Estimated salvage value Switch to straight line depreciation mebe $3,000 $3,000 $4,000 What is the equipment's book or carrying value on December 31, 20x67 $4,000 b. $7,925 $11,850 d. $6,350 3. Blue Co. purchased equipment on October 4, 20x1 at a cost of $63,000. The equipment ated useful ife of 4 years and an estimated salvage value of $3,000 Co Page 17 ight-line depreciation method. Blue Co.'s fiscal year-end is Decembeck.+ 80 F3 2 $ 64 a F4 % 85
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