Ch12_P09A - 31-Dec-05 Date of Description Purchase...

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Fundamental Accounting Principles Student Name: Eleventh Canadian Edition, by Larson, Jensen, and Carroll Class: SPATS Problem 12-9A 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:W40 Given Data Y1
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REPORT REFERENCE Amortization Calculation M5 Given Data Y1 0 0 SPATS Problem 12-9A Neopolitan Servicing's Cost Information Date of Amortization Description Purchase Method Cost Salvage Life Office Equipment March 27, 2002 S/L $52,000 $14,000 10 yr. Machinery June 4, 2002 DDB $275,000 $46,000 6 yr. Truck Nov 13, 2005 UOP $113,000 $26,000 250,000
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Given Data: Neopolitan Servicing's Selected Account Information
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Unformatted text preview: 31-Dec-05 Date of Description Purchase Amortization Office Equipment March 27, 2002 Machinery June 4, 2002 Balance of Amortization Amortization Truck Nov 13, 2005 Acc. Amort. expense for expense for Dec 31, 2005 2005 2006 Neopolitan calculates the amortization to the near Actual Kilometres Driven km2 2005 14,000 2006 68,000 Complete the schedule. Cost Information Amortization Balance of Amortization Amortization Amortization Acc. Amort. expense for expense for Method Cost Salvage Life Dec 31, 2005 2005 2006 S/L $52,000 $14,000 10 yr. DDB $275,000 $46,000 6 yr. UOP $113,000 $26,000 250,000 km2 rest month....
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Ch12_P09A - 31-Dec-05 Date of Description Purchase...

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