Question
The items needed to use the Units of Output Method of depreciation are: The current value of the machine, and the purchase price Estimated life
The items needed to use the Units of Output Method of depreciation are: The current value of the machine, and the purchase price Estimated life remaining, whether the item is a 5 or 7 year asset The depreciation recovery period and loan amount Estimated output, original cost, and a meter
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
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