Question
Hahn Co. has the following data related to an asset that is depreciated using the Straight Line method: Acquisition date 10/1/2011 Cost $210,000 Residual value
Hahn Co. has the following data related to an asset that is depreciated using the Straight Line method:
Acquisition date 10/1/2011
Cost $210,000
Residual value 30,000
Estimated useful life 5 years
Using the SL depreciation method is used, how much depreciation expense should Hahn record in 2011 and 2012 for this asset?
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan Wolcott
1st Edition
0471205494, 978-0471205494
