Accounting 2

At the beginning of the year, we purchased a generator for $ 56,000. We expect then generator to have a useful life of 12 years, or 60,000 hours. The residual value of the generator at the end of its life is expected to be $ 5,600. We actually used the generator 3,500 hours in the past year. The depreciation charged for the generator in the past year using the Units of Production method

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  1. 1. For the units of production method, try some of the following links:

    2. how to calculate depreciation:

    http://search.yahoo.com/search?fr=mcafee&p=how+to+figure+depreciation+on+a+generator

    Sra

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