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Financial Accounting (0422 PM) May 16 to 20th, 2022 Problems Question 1 (10%) Carleton Corporation purchased machinery on October 1, 2015, at alt of 8,000
Financial Accounting (0422 PM) May 16 to 20th, 2022 Problems Question 1 (10%) Carleton Corporation purchased machinery on October 1, 2015, at alt of 8,000 Estimated residual value is $8,000, estimated life of the machinery is 6 year or 50,000 During 2019 and 2020, the machinery was used 1,400 and 60 hours,pectively. Compute depreciation under straight line, units-of-production, and double-diminishing-halance methods for 2019 and 2020. Straight-line depreciation (2%) Unit-of-production depreciation (2%) Double-diminishing-balance (6%) 2012 2000 21PASK
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