Question
On June 1st, 20x8 Alice Corporation purchased a new truck to deliver their photography and art for $45587. Its useful life is estimated to be
On June 1st, 20x8 Alice Corporation purchased a new truck to deliver their photography and art for $45587. Its useful life is estimated to be 4 years or 351411 km with a residual value of $21836. The km driven in 20x8 are 81967 and 101961 in 20x9. What is the depreciation expense in 20x8 if Alice uses the units-of-production method?
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Management Accounting For Business
Authors: Colin Drury, Mike Tayles
8th Edition
1473778808, 978-1473778801
