Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please make sure the answer is correct 100% Furniture On Dec. 31.13 Accumulated Depreciation. : Furniture 3000 6000 Adjustment at the year end Furniture depreciated
please make sure the answer is correct 100%
Furniture On Dec. 31.13 Accumulated Depreciation. : Furniture 3000 6000 Adjustment at the year end Furniture depreciated Using D.D.B . Years of UL 8 years. New Furniture costing KD 2000 Purchased on 10/1 m * The Depreciation Expense for the Furniture is (2) (2 ) 375 750 250 1000 On Dec. 31.14 Accumulated Depreciation. : Furniture 3000 Furniture 6000 Adjustment at the year end Furniture depreciated Using D.D.B . Years of UL 8 years. New Furniture costing KD 2000 Purchased on 10/1 * The Furniture Accumulated Depreciation in the Balance Sheet is (2 (2 ) 3750 3000 3375 3250 Equipment On Dec. 31.15 Accumulated Depreciation. : Equipment 15000 80000 Adjustment at the year end .Equipment depreciated Using S.L.M. Years of UL 20 years 5 *The Depreciation Expense for the Equipment is (L: 2) 3250 4000Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started