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Depreciation
Page 4
Questions (295)
In its financial statements, Trio uses straight-line depreciation with the half-year convention. The book value of the equipment
1 answer
asked by
Anonymous
340 views
Information about a project Darcy Company is considering is as follows:
Investment $1,000,000 Revenues $700,000 Variable costs
1 answer
asked by
jim1
482 views
Van Meter Company is considering the purchase of the following computer equipment, which is considered 5-year property for tax
1 answer
asked by
jldix
476 views
if the value of machine is 50,000,estimated useful life is eight years and scrap value is 4000 calculate straight line method
1 answer
asked by
123
458 views
Calculate the rate of depreciation for the asset with the help of given data.?
Cost of the asset Rs1,20,000 Residual value
1 answer
asked by
pinki
457 views
1. Use the following data for questions 1 and 2.On March 12, 2005, Trio, Inc. acquired melting equipment for $37,000. The
2 answers
asked by
tom
686 views
A copier purchase new for $4800 depreciate in value $500 each year. The model predict that the value of the copier after three
3 answers
asked anonymously
48 views
A copier purchase new for $4800 depreciate in value $500 each year. The model predict that the value of the copier after seven
3 answers
asked anonymously
53 views
A company purchased an air conditioning system for $10,200. Shipping charges on the system are $875. Setup costs were $1,250.
2 answers
asked by
CC
542 views
What are the different methods used to calculated depreciation? How does a company decide which method they should utilize? How
1 answer
asked by
rae
402 views
For the year ending December 31, 2010, Johnson Manufacturing Company had depreciation totaling $38,000 on its office equipment.
1 answer
asked by
Sheryl
438 views
A property was purchased for $2,400,000 with a land value of $400,000. The property was placed in service on March 15the, 1999.
1 answer
asked by
sam norton
401 views
I am trying to figure out if I am doing this accounting problem correctly?
Old van was purchased 5 years ago at 20,000. estimated
2 answers
asked by
smeffy
617 views
Can someone help me with this problem. At least get me started so I can figure out how to do this. Your manager, Mr. Smith, has
2 answers
asked by
smeffy
545 views
a car sells for $25000. if the rate depreciation is 15% what is the value of the car after 7 years
2 answers
asked by
please help me
623 views
Gerald Engle hart Industries changed room the double-declining balance to the straight-line method in 2008 on all its plant
1 answer
asked by
Jeniffer
830 views
On January 1, 2005, Lynn Corporation acquired equipment at a cost of $600,000. Lynn adopted the double-declining balance method
2 answers
asked by
Jeniffer
951 views
A new car depreciates an average of 22% in its first year of use. If the car was worth $16,000 when it was new, what will the
1 answer
asked by
landi
414 views
Assume that at the beginning of 2000 Speedy Delivery a Fed Ex competitor purchased a 737 aircraft at a cost of 60,000,000 Speedy
1 answer
asked by
Ronnie
475 views
Assume that at the beginning of 2000, Quick Travel, a FedEx competitor purchased a used Boeing 737 aircraft at a cost of
1 answer
asked by
Ronnie
498 views
I continue getting the wrong totals can you please help me solve this problem and give me the correct formula and Journal
1 answer
asked by
Ronnie
426 views
1. A pressurized spray painter was purchased on April 1 of the fiscal year for $4,800. It has a useful life of 4 years and a
1 answer
asked by
shawna
467 views
How do I figure this out?
The fax mailer brought a fax mcahine for $600. The fax machine depreciates at a rate of $20 a month.
2 answers
asked by
Need Help
563 views
I can understand in my head how to solve it I can't figure it out on paper. Help......I'm sure this will be easy for someone.
The
4 answers
asked by
Christy
444 views
Same Day Service purchased a new steam press on January 1, for #35,000. It is expected to have a five year useful life and a
1 answer
asked by
yorkie16
933 views
On January 1, 2004, Carnival Shipping bought a machine for $1,500,000. At that time,
this machine had an estimated useful life of
2 answers
asked by
sasha
591 views
On January 1, 2007, the Accumulated Depreciation-Machinery account of a particular company showed a balance of $370,000. At the
1 answer
asked by
Drake
706 views
Quayle Company acquired machinery on January 1, 2002 which it depreciated under the straight-line method with an estimated life
2 answers
asked by
Joseycat
585 views
Computer equipment was acquired at the beginning of the year at a cost of $56,000 that has an estimated residual value of $3,000
2 answers
asked by
angel
884 views
How do I find depreciation does anyone know the formula thanks
3 answers
asked by
Alex
398 views
Prepare the adjusting entries at March 31, assuming that adjusting entries are made quarterly. (Round all answers to 0 decimal
1 answer
asked by
Britni
858 views
Stuck Stucky purchased a new truck on July 1, 2005 at a cost of $20,000. The truck had a life of 7 years and salvage of
5 answers
asked by
jimmy
421 views
a company purchased a lathe with a useful life of 4 years and a salavage value of $5,000.00 if the lathe cost $45,000.00 what is
1 answer
asked by
unknown
354 views
state-of-the-art MRI machine to be purchased on 01-01-09 for a cost of $1,250,000 with a useful life of 6 years and an expected
2 answers
asked by
idk
609 views
Depreciation is a source of cash inflow because?
A. it is a tax-deductible non-cash expense B. it supplies cash cor future asset
1 answer
asked by
Jason
1,003 views
Assuming a tax rate of 35%, depreciation expenses of $1,000,000 will
reduce income by 350,000 reduce taxes by 350,000 reduce
2 answers
asked by
lashay
755 views
Equipment is purchased for $80,000. It has an 8 year useful life and a $39000 residual value. Under the double-declining-balance
2 answers
asked by
Ann
608 views
I have a question and I need to prepare the final accounts. In the additional information one of the questions is as follows:
Mac
1 answer
asked by
Claire
455 views
A new $12,000 automobile decreases in value every year. What is it's value 7 years from now?
2 answers
asked by
Kyla
1,085 views
please explian how to calculate depreciation for federal income taxes what method do I use
thanks :)
1 answer
asked by
Anonymous
343 views
D=c-s/n (for s) Deprecitaion
1 answer
asked by
jana
366 views
A piece of equipment is purchased on May 1, 2007 for $80,000 and has a residual value of $5,000. The equipment's useful life is
1 answer
asked by
Mercedes
501 views
(DEPRECIATION SCHEDULE E)
E.Office furniture for a set of executive suites costs $12,000.00 and should be replaced after 5-years.
1 answer
asked by
NelsonJ
450 views
(DEPRECIATION SCHEDULE A)
A. A $1200 postage printing system depreciated using the straight-line method over 4-years. In your
3 answers
asked by
NelsonJ
523 views
At the end of its first year, the trial balance of Riko Company shows Equipment $20,590 and zero balances in Accumulated
3 answers
asked by
jimmy
1,162 views
Consider a system of notebook computers for a college math laboratory. The set of computers costs $10,000 and will be salvaged
1 answer
asked by
Donna
469 views
Consider a system of notebook computers for a college math laboratory. The set of computers costs $10,000 and will be salvaged
1 answer
asked by
Donna
392 views
T/F building and equipment are recorded at cost of acquisition and are subsequently reported at cost less accumulated
1 answer
asked by
ucstudent
411 views
17.Pid has invested in a machine that cost $70,000, that has a useful life of seven years, and that has no salvage value at the
2 answers
asked by
Dovey
900 views
(Ignore income taxes in this problem.) Dum Luk & Stoo Pid has invested in a machine that cost $70,000, that has a useful life of
1 answer
asked by
Help!!!
593 views
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