Posted by NelsonJ on Saturday, October 6, 2007 at 1:05pm.
(DEPRECIATION SCHEDULE A)
A. A $1200 postage printing system depreciated using the straightline method over 4years. In your depreciation schedule, give the following information for each year:
1.The year's depreciation
2.The accumulated depreciation
3.The year's endofbook value

Business Math  Anonymous, Friday, October 26, 2007 at 10:10am
I'm trying to figure out the same problem. We'll just have to read the book

Business Math  Anonymous, Tuesday, October 30, 2007 at 10:51am
$1200/4= $300
The item depreciates $300 per year, leaving an endofbook value of $0 since there is no scrap or salvage value. The accumulated value is $300 added each year. For example, $300 depreciation the first year, making the endofyear book value for the first year $900. There is no accumulated depreciation in the first year other than the first $300.
The second year depreciates another $300, which adds another $300 to the accumulated depreciation totaling $600, making the endofyear book value for the second year $600.
The third year, it depreciates another $300, accumulating the depreciation to $900, thus making the endofyear book value for this year $300. I am sure you can figure out the fourth year on your own. It is very simple.
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