Title: ACG 320
Essay Details


Subject: | Business |
Author: | Anthony D |
Date: | February 1, 2016 |
Level: | University |
Grade: | A |
Length: | 2 / 419 |
No of views: | 0 |
Essay rating: | good 0, average 0, bad 0 (total score: 0) |
Essay text:
Straight-line Method
Depreciation expense = Acquisition cost ? residual value
Estimated useful life in years
Depreciation expense per year 22,500 = 100,000 - 10,000 = 90,000
4 4
Straight Line Depreciation
Yrs of the asset's life Depreciation
Expense
(income statement) Accumulated depreciation
(balance sheet at end of the year) Book value of the asset
(balance sheet at end of the year)
1 22,500 22,500 77,500
2 22,500 45,000 55,000
3 22,500 67,500 32,500
4 22,500 90,000 10,000
2...
Showed first 250 characters
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Double-Declining Balance Depreciation
Depreciation expense = existing book value
X (2/estimated useful life of years) 100,000x2/4 = 50,000
Double-Declining Balance Depreciation
Yrs of the asset's life Depreciation
Rate = 50% Book value before depreciating the asset for the year Depreciation expense for the year Accumulated depreciation (at the end of the year)
1 0...
Showed next 250 characters
Total price: $10.00 |
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Common topics in this essay:
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