34 PY WP F- 4 Depreciation

34 PY WP F- 4 Depreciation - 6658 2.50 166 R...

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309 Apple Blossom Cologne Company F-4 Depreciation Computation 1-27-03 12-31-02 JWP (Prepared by client) ===================================================================================== 2002 Deprec. Asset Amount Rate Provision Totals ===================================================================================== BUILDINGS: Held full year # 243250 3.33% 8108 R Additions @ 33013 1.67% 550 R Retirements & -0- 1.67% 8658 MACH. & EQUIPMENT: (F-1) Held full year # 535800 5.00% 26790 R Additions @ 5045 2.50% 126 R Retirements & -0- 2.50% 26916 AUTOMOTIVE : (F-1) Held full year # 90125 25.00% 22531 R Additions @ 9300 12.50% 1162 R Retirements & -0- 12.50% 23693 OFFICE FURN & FIXTURES: (F-1) Held full year # 99775 5.00% 4989 R Additions @
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Unformatted text preview: 6658 2.50% 166 R Retirements & -0- 2.50% 5155 (F-1) Per client 64422 64422 Audit adjustments: ^ ^ (F-1) Per audit 64422 NOTEAssets held for full year computed by deducting retirements from beginning balance. JWP NOTEOne-half year's depreciation is recorded for all additions and retirements regardle of date of acquisition or disposal. JWP NOTEAsset lives appear reasonable, as does depreciation expense. NOTEDepreciation rates agree with those used in prior year. ^ Footed. R Recomputed mathematical operation. # Amounts traced to prior year's working papers. @ Amounts traced to working paper (F-2). & Amounts traced to working paper (F-3)....
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