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accounting queston two

Accounting
Tutor: None Selected Time limit: 0 Hours

i am stuck on the last part for this question. for year 5
here is a pic of the problem


http://imgur.com/KpWMMYt

Mar 4th, 2015

under straight line method (65000-5000)/5 = 12000$ per year

under double-decline balance method

depreciation rate is 1/useful life * 200% = 1/5* 200% = 40%

1-----> 26000

2------>15600

3------->9360

4------->5616

5------->3370

Mar 4th, 2015

year 5 answer is wrong. i have tried 3369,3369.60, and 3370 and all come up wrong. not sure where to go from here now

Mar 4th, 2015

actually I've round it off to nearest 10's

Mar 4th, 2015

ive tried every number combo and it still comes up wrong.

Mar 4th, 2015

and the last part is the only help i need for this ?

Mar 4th, 2015

ya I've also tried several times but every time answer is 3369.6


Mar 4th, 2015

are all other answers correct


Mar 4th, 2015

all other answers are correct

Mar 4th, 2015

i have other ?'s posted, if u can help me out with those that would be great. if u do those i will email u first when i need harder ?'s done or a project done

Mar 4th, 2015

then may be the answer itself is wrong, because we have done the same process to the previous years


Mar 4th, 2015

ya of course i'll help you give me some time i'll do them for u 

Mar 4th, 2015

don't mind for asking you this,

all questions you have posted are based on depreciation.

why don't you try it yourself, if you want any help I'll provide you the concept instead of doing all questions

or if you want only answers, directly i"ll post you only answers with out much procedure


Mar 4th, 2015

i will accept only answers if thats still ok with u

Mar 4th, 2015

ok then i'll give u only answers. 

by what time you want this


Mar 4th, 2015

12 hrs would suffice, then after that if noone answers the ?'s end and i would have to repost them again. so before 8pm tonight would be great

Mar 4th, 2015

id like it sooner then 8 if u can do that

Mar 4th, 2015

with in 2 hrs i'll give u all answers


Mar 4th, 2015

thanks

Mar 4th, 2015

1) a. 16800,10080,6048,3630,2176

     b. 9900,8640,6840,7020,4320

2)  DDB = 1934

      UOP = -80

3)  a. 0.8$

4)  1. a. 22000,13200,20000

          b. Company A

      2. a. 22000,23952,22000

          b. Company A&C 

Mar 4th, 2015

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Mar 4th, 2015
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Mar 4th, 2015
Dec 4th, 2016
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