Question
On January 1st, 2010, the Gagne Beer Corporation purchased equipment at a cost of $130,000. It was expected to have a useful life of 8
On January 1st, 2010, the Gagne Beer Corporation purchased equipment at a cost of $130,000. It was expected to have a useful life of 8 years and no salvage value. The straight-line depreciation method was used. In January 2012, the estimate of salvage value was revised for $0 to $6,300. How much depreciation should Gagne Beer Corporation record for 2012?
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Bookkeeping And Auditing A Career Guide
Authors: Harry Watts
1st Edition
1639878106, 1639878106
