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Need help with finding capital expenditure budget. Straight line depreciation on a 5 year life. Intrest expense of 10% annually 7. Administrative Expense Schedule Amount
Need help with finding capital expenditure budget. Straight line depreciation on a 5 year life. Intrest expense of 10% annually 
7. Administrative Expense Schedule Amount Year 1 Year 2 Item Salary- President Salary- CFO Supplies Year 3 Year 4 12,000 10,000 1,000 15,000 20,000 2000 20,000 10,000 5,000 30,000 20,000 5,000 Fringe Benefits (25% of Salaries) Taxes Depreciation- Administrative Equipment 5,500 7,500 1000 12,500 1,500 8750 250 400 250 100 500 1000 Total Administrative Expense 29,000 70,000 44,000 46,250 7. Administrative Expense Schedule Amount Year 1 Year 2 Item Salary- President Salary- CFO Supplies Year 3 Year 4 12,000 10,000 1,000 15,000 20,000 2000 20,000 10,000 5,000 30,000 20,000 5,000 Fringe Benefits (25% of Salaries) Taxes Depreciation- Administrative Equipment 5,500 7,500 1000 12,500 1,500 8750 250 400 250 100 500 1000 Total Administrative Expense 29,000 70,000 44,000 46,250 Step by Step Solution
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Security Of Computerisation In Accounting And Auditing System
Authors: M.S. Baghel
1st Edition
8178801132, 978-8178801131
