Ch12_e05 - Amortization Balance 2005 2006 2007 2008 Given...

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Fundamental Accounting Principles Student Name: Eleventh Canadian Edition, by Larson, Jensen, and Carroll Class: SPATS Exercise 12-5 Press F5, enter a cell reference, and click on <OK> to go to one of the following data entry areas: REPORT REFERENCEPRINT AREA Amortization Calculation M1 M5:Q20 Given Data T1
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REPORT REFERENCE Amortization Calculation M5 Given Data T1 0 0 SPATS Exercise 12-5 Simmons Company Straight-line Double-declining Year Calculation
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Unformatted text preview: Amortization Balance 2005 2006 2007 2008 Given Data: Simmons Company Selected Account Information Installation of computerized macine on January 2, 2005 $42,300 Estimated useful life 4 years Salvage value 6,000 Chck figure: b. 2007: 4,575 Calculate amortization for each year of its estimated useful life under the straight line and double declining method. Simmons' year end is December 31....
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This note was uploaded on 08/22/2009 for the course ACCT 1101 taught by Professor Davescott during the Fall '05 term at Niagara College.

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Ch12_e05 - Amortization Balance 2005 2006 2007 2008 Given...

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