Thursday

April 24, 2014

April 24, 2014

Posted by **NelsonJ** on Saturday, October 6, 2007 at 1:05pm.

A. A $1200 postage printing system depreciated using the straight-line method over 4-years. In your depreciation schedule, give the following information for each year:

1.The year's depreciation

2.The accumulated depreciation

3.The year's end-of-book value

- Business Math -
**Anonymous**, Friday, October 26, 2007 at 10:10amI'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 end-of-book 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 end-of-year 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 end-of-year book value for the second year $600.

The third year, it depreciates another $300, accumulating the depreciation to $900, thus making the end-of-year book value for this year $300. I am sure you can figure out the fourth year on your own. It is very simple.

**Related Questions**

business math - Consider a system of notebook computers for a college math ...

Business Math - Consider a system of notebook computers for a college math ...

Business Math - (DEPRECIATION SCHEDULE E) E.Office furniture for a set of ...

Math - Consider a system of notebook computers for a college math laboratory. ...

programming - 3. Your company needs to depreciate its assets. The accountant ...

Accounting - Alteran Corporation purchased a machine for 1.5 million in 2006. ...

Business Math - From the following facts, complete a depreciation schedule using...

federal tax - Carl bought a heavy-duty truck (5-year class recovery property) ...

Math - Could some one please explian how to do this problem thanks :) A company ...

Tax Accounting - Mike purchases a heavy-duty truck (5-year class recovery ...