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Question 4: Non-Current Assets Management has provided you with the following fixed asset schedule and needs some assistance with the calculation depreciation expense and
Question 4: Non-Current Assets Management has provided you with the following fixed asset schedule and needs some assistance with the calculation depreciation expense and accuated depreciation for 2018 Required 1. Calculate depreciation expense for 2013 (cells noted in blue in colum Calculate accumulated depreciation for all non-cument assets for 2019 (cells noted in blue ASSET DESCRIPTION DEPN POLICY USEFUL EST. RESIDUAL VALUE ASSET COST 2019 Purchases 2019 Disposals 2018 ASSET COST 2010 ACC. DEPN 2019 Depreciation 2018 Disposals ACC. DEP Land 124 ret NA NA NA 26 NA 50.000 NA 123.08.00 25 10.000 Packaging Machee 300.000 1115400 131041.00 900000 O Office lumture-w Comp 10 5.000 . 1,000 Units Produced by the packaging machine in 2019 "Units produced by the labeling machine in 2015 44340 71310 34,470.00 215308 111374.00 131,841.00 90.321.00 30.00 44.517.08 763 4050640 24470.00 M11200 64000 116.20301 147.374.00
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