Question
On January 1,2010. the Richardson Beer Corporation purchased equipment at the cost of $ 130,000. it was expected to hvae a useful life of eight
On January 1,2010. the Richardson Beer Corporation purchased equipment at the cost of $ 130,000. it was expected to hvae a useful life of eight years and no salvage value. The straight-line depreciation method was used. In January 2012, the estimated salvage value was revised for $0.00 to $6,900. How much should Richardson Beer Corporation record for 2012?
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Auditing Oracle E Business Suite Common Issues
Authors: Jeffrey T. Hare
1st Edition
1329529766, 978-1329529762
