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New Shographic equipment acquired at a cost of $940,000 cel March 1 at the beginning of a fiscal year, has an estimated usetul de clave
New Shographic equipment acquired at a cost of $940,000 cel March 1 at the beginning of a fiscal year, has an estimated usetul de clave years and an estimated team of 5105.750 The manager requested information regarding the effect of alternative methods on the amount of depreciation expertise each year on the basis of the data presented to the manager, the double decking balance method was selected In the first week of the linh year, on March 4, the equiproent was sold for $151,924. Required: 1 Determine the annual depreciation expense for each of the estimated five yers of use the accumulated depreciation of the end of each year and the book value of the equipment at the end of each year by (a) the strane method and (b) the doubledecining balance method Round your answers to the nearest whole doll 2. Sourate in and to record o sale asuming the manager chose the double checowy balance method Roer do the Chart of Arxounts for exact wording of account comalee entry to record the sake osuming that we equipment was sold for 5105 074 matred of 575702 Boleto e chat of Accounts for exact wording of accountles
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