Week 4 Team C - 8 Machinery B 10/1/2007 ////////////////...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Assets Acquisition Date Cost Salvage Depreciation Method Estimated life in years Depreciation Expense Year Ending September 30 2007 2008 Land A 10/1/2006 1) N/A N/A N/A N/A N/A Building A 10/1/2006 2) 40,000 Straight line 3) 17,450 4) Land B 10/2/2006 5) N/A N/A N/A N/A N/A Building B Under Construction $320,000 to date ///////////// Straight line 30 ////////////////// 6) Donated Equipment 10/2/2006 7) 3,000 150% declining Balance 10 Machinery A 10/2/2006 6,000 Sum-of-the-years'-digits
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 8 Machinery B 10/1/2007 //////////////// Straight line 20 //////////////////// 1) 2) 3) 4) 5) 6) 7) 8) 30,000 X (1/10 X 150%) 9) (30,000 - 4,500) X 15% 10) 164,900 - 14,900 11) (150,000 - 6,000) x 8/36 12) ([150,000 - 6,000] x 7/36) / 3 13) 6,000 x 7.710 = 46,260 + 5,740 14) 52,000 / 20 8) 4,500 9) 3,825 10) 150,000 11) 32,000 12) 9,333 13) 52,000 14) 2,600...
View Full Document

Ask a homework question - tutors are online