Accounting Homework 4

Accounting Homework 4 - Table 1: Bus #3 Cost: Fiscal Year...

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Mike Gemmati Table 1: Bus #1 (change title for Bus #3 table) Cost: Fiscal Year Bus #1 2005  $86,000   $20,000   $20,000   $66,000  2006  $66,000   $20,000   $40,000   $46,000  2007  $46,000   $20,000   $60,000   $26,000    Table 2: Bus #1 (change title for Bus #3 table) Cost Salvage Value Depreciation Expense 2005  $86,000   $6,000   $80,000   $20,000  2006  $86,000   $6,000   $80,000   $20,000  2007  $86,000   $6,000   $80,000   $20,000  Cost - Salvage Value = Depreciable Cost Depreciable Cost / Useful Life(in years) = Depreciation Expense Depreciation  Expense per  Table 2: Accumulated  Depreciation at  Year-end Net Book Value at  Year-end Bus #1:  Depreciation  expense   computations  Depreciable  Cost
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Mike Gemmati
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Unformatted text preview: Table 1: Bus #3 Cost: Fiscal Year Bus #3 2005 $100,000 $18,200 $18,200 $81,800 2006 $81,000 $20,400 $38,600 $60,600 2007 $60,600 $12,000 $50,600 $48,600 Table 2: Bus #3 Cost Salvage Value Depreciable Cost 2005 $100,000 $9,000 $91,000 $18,200 2006 $81,800 $9,000 $72,000 $20,400 2007 $60,600 $9,000 $51,600 $12,000 Depreciable Cost / Total Units of Activity = Depreciation Cost per Unit Depreciation Cost pre Unit x Units of Activity during the Year = Deprectiation Expense Depreciation Expense per Table 2: Accumulated Depreciation at Year-end Net Book Value at Year-end Bus #3: Depreciation expense computations for each year Depreciation Expense...
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This note was uploaded on 03/16/2009 for the course ACC 281 taught by Professor Yang during the Spring '08 term at SUNY Brockport.

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Accounting Homework 4 - Table 1: Bus #3 Cost: Fiscal Year...

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