chapter 11 final - Chapter 11 part 1 initial submission...

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Chapter 11 part 1 initial submission (questions 9,13,BE11-1, BE11-4, BE 11-5, BE11-6) 9) Straight line method 7350 units of output 35000 sum of the years' digits 14000 Double declining balance methods 16200 13) Original estimate : 250000/50 50,000 depreciation to jan 1 2011: 50,000*24 = 1,200,000 depreciation in 2011( 2,500,000-1,200,000)/15years= 86,667 BE11-1 2010 6900 2011 9300 BE11-4 a) 80,000*25%= 20,000 b) (80,000*25%)*3/12 = 5,000 BE11-5 depreciation base= ( 28,000 + 200 + 125 + 500 + 475)- 3000 = 26,300 BE11-6 asset depreciation expense A (70,000-7,000)/10= 6,300 B (50,000 - 5,000)/5 = 9,000 C (82,000 - 4,000)/12 = 6,500 21,800
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Chapter 11 part 2 initial submission (E11-2, E11-4, E11-12, E11-18, E11-21, E11-23, E11-25) E11-2 Year straight line 1 9000 15000 20000 2 9000 12000 12000 3 9000 9000 7200 4 9000 6000 4320 5 9000 3000 1480 Total 45000 45000 45000 a) 50,000 b) 5,000 c) Double declining balance d) Straight line e) both straight line and sum of the years digits f) Double declining balance
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chapter 11 final - Chapter 11 part 1 initial submission...

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