depreciation expense

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

May 11th, 2015

straight line depreciation method

=[initial cost-salvage value]/ time

[24000-4000]   /10

20000/10

2000


the salvage value is 2000 for 5 yrs then it will be

24000-2000/   5

22000/5

4400 to be recorded in the yr 2010

May 11th, 2015

the answer to this question is 7,000 and i am not sure how to get 7,000

May 11th, 2015

the answer to this question is 7,000 and i am not sure how to get 7,000

May 11th, 2015

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May 11th, 2015
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May 11th, 2015
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