Before Capital Expenditure

Before Capital Expenditure - 36,000 36,000 When capital...

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Before Capital Expenditure After $10,000 Capital Expenditure Asset Account Debited Accumulated Depreciation Debited Cost $90,000 100,000 90,000 Accumulated Depreciation (64,000) (64,000) (54,000) Net Book Value $26,000
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Unformatted text preview: 36,000 36,000 When capital expenditures are made, the revised net book value must be used to calculate depreciation expense in subsequent accounting periods....
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