Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PT AKR company purchased a machine on january 1, 2011 for Rp 3,000,000. At the date acquisition, the machine had a life of six years

PT AKR company purchased a machine on january 1, 2011 for Rp 3,000,000. At the date acquisition, the machine had a life of six years with no residual value. The machine is being depreciated on a straight line basis. On January 1 2014, AKR determined that the machine had a useful life of eight years from date of acqusition with no residual value. What should be the depreciation for the year 2014? A. 300,000 B. 500,000 C. 187,500 D. 250,000

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

Cost Effectiveness Analysis Methods And Applications

Authors: Henry M. Levin, Patrick J. McEwan

2nd Edition

0761919333, 978-0761919339

More Books

Students also viewed these Accounting questions

Question

Was the treatment influenced by being novel or disruptive?

Answered: 1 week ago

Question

BPR always involves automation. Group of answer choices True False

Answered: 1 week ago