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Unformatted text preview: Balance of Amortization Amortization Tools Balance of Amortization Balance of Acc. Amort. expense for Acc. Amort. East Coast Helicopter calculates April 30,2005 2005 April 30,2006 Actual Flying Hours flying hrs.2 2003 2004 2005 2006 Complete the schedule. Cost Information Amortization Balance of Amortization Date of Amortization Acc. Amort. expense for Purchase Method Cost Salvage Life April 30,2005 2005 October 3,2002 S/L $52,000 $14,000 20 yr. October 28,2003 UOP $540,000 $180,000 10,000 flying hrs.2 November3, 2002 DDB $64,000 $15,000 5 yr. amortization for partial periods using the half-year rule. 94 1015 928 1059 Balance of Acc. Amort. April 30,2006...
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- Winter '06
- CarmenDima
- Financial Accounting, Amortization, Calculation, 1918, 1925, East Coast Helicopter, Amortization Amortization Hangar
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