Question
Historical cost $345,000 for a bulldozer equipment purchased on July 1, 2021. Salvage value of $12,800 for 9 years. Show your working. Please calculate the
Historical cost $345,000 for a bulldozer equipment purchased on July 1, 2021. Salvage value of $12,800 for 9 years. Show your working.
Please calculate the straight line depreciation.
What is the journal entry?
What is the book value in 6 years?
What is the depreciation using declining balance method? Show nine years of calculation.
What is the depreciation using sum of years digits? Show nine years of calculation.
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Managerial Accounting
Authors: John Wild, Ken Shaw
5th edition
978-1259176494, 1259176495, 978-1259347641, 1259347648, 978-0078025600
