Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help!! In reviewing the fund test records, you find three depreciation schedules that are not wet. They are sted in the following table. One

please help!! image text in transcribed
image text in transcribed
In reviewing the fund test records, you find three depreciation schedules that are not wet. They are sted in the following table. One of the the depreciation rate 440 par hour Year Schedule A Schedule Schedule + 510,000 610,135 39.600 2 6.000 13.500 6,600 3.600 13.500 7.480 4 2160 13.500 5,600 740 3.37 4.400 6 7,040 7 4,040 Total 2.500 154.000 546,640 Depreciation 1. Determine which depreciation method town in each schedule on the matterson Planning Corp.panel. The match each schaue to the describe that caters the type of deprecated using that method Asset Description Depreciation Schedule Used Asunt producing steady revenues Asset with wartable Asset generating in the early years 2. For each of the depreciation schedules shown on the Patterson Planning Corp. the following information an amount box does not require an entry, it se A 10,000 0 10,000 25,000 0 Tot wrating hours O 10,600 Final questions view the depreciation schedules on the Patterson Planning Comel, then we the following question 1. How would you adjust Schedule at the beginning of year, the set was estimated to have more years of main but with a reduce that 3.000 Thaal depreciation for the now will be 72,000 X The depreciation amount foarte 5,000 x 2. What moment that tries for decading of Being a fressat The entry to docarded differs from the other entry because there is no receipt of cash

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Level Audit Q And A 2014

Authors: ACA Simplified

1st Edition

1500852538, 978-1500852535

More Books

Students also viewed these Accounting questions

Question

What is cross-subsidization (price shifting)?

Answered: 1 week ago