Chapter 8 Fun Quiz Solution 283

Chapter 8 Fun Quiz Solution 283 - 2004 (68000 3222 9666)...

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Chapter 8 Fun Quiz Solution 282 a. Straight Line 68000 – 10000/6 * 4/12 = 3222 2003 = 9,666 Double Declining = 68000 * 2 * 1/6 * 4/12 = 7480 2003 (68,000 – 7480)* .33 = 19,971 b. Machine 68000 Cash 68000 2002 Amort Exp 3222 Accum Amort 3222 2003 Amort Exp 9666 Accum Amort 9666
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Unformatted text preview: 2004 (68000 3222 9666) 5000 = 10740 6-1.33 Amort Exp 10740 Accum Amort 10740 2005 Amort Exp 10740 Accum Amort 10740 July 1 2006 Amort Exp 5370 Accum Amort 5370 July 1 2006 Sales Entry Cash 32000 Accum Amort 39738 Gain on Sale 3738 Machine 68000...
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This note was uploaded on 09/25/2010 for the course FMGT FMGT 2293 taught by Professor Hamere. during the Summer '09 term at Langara.

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