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Category > Economics Posted 09 May 2017 My Price 8.00

Depreciation by three methods

PR 10-3A Depreciation by three methods; partial years

Security IDs Company purchased equipment on July 1, 2010, for $135,000. The equipment was expected to have a useful life of three years, or 12,000 operating hours, and a residual value of $6,000. The equipment was used for 1,500 hours during 2010, 3,500 hours in 2011, 5,000 hours in 2012, and 2,000 hours in 2013.

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Alpha Geek
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Status NEW Posted 09 May 2017 09:05 AM My Price 8.00

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file 1494323759-Answer.docx preview (238 words )
P-----------R 1-----------0-3-----------A D-----------epr-----------eci-----------ati-----------on -----------by -----------thr-----------ee -----------met-----------hod-----------s; -----------par-----------tia-----------l y-----------ear-----------s -----------Sec-----------uri-----------ty -----------IDs----------- Co-----------mpa-----------ny -----------pur-----------cha-----------sed----------- eq-----------uip-----------men-----------t o-----------n J-----------uly----------- 1,----------- 20-----------10,----------- fo-----------r $-----------135-----------,00-----------0. -----------The----------- eq-----------uip-----------men-----------t w-----------as -----------exp-----------ect-----------ed -----------to -----------hav-----------e a----------- us-----------efu-----------l l-----------ife----------- of----------- th-----------ree----------- ye-----------ars-----------, o-----------r 1-----------2,0-----------00 -----------ope-----------rat-----------ing----------- ho-----------urs-----------, a-----------nd -----------a r-----------esi-----------dua-----------l v-----------alu-----------e o-----------f $-----------6,0-----------00.----------- Th-----------e e-----------qui-----------pme-----------nt -----------was----------- us-----------ed -----------for----------- 1,-----------500----------- ho-----------urs----------- du-----------rin-----------g 2-----------010-----------, 3-----------,50-----------0 h-----------our-----------s i-----------n 2-----------011-----------, 5-----------,00-----------0 h-----------our-----------s i-----------n 2-----------012-----------, a-----------nd -----------2,0-----------00 -----------hou-----------rs -----------in -----------201-----------3. ----------- An-----------swe-----------r -----------Fir-----------st -----------Met-----------hod----------- - -----------Str-----------aig-----------ht -----------Lin-----------e M-----------eth-----------od -----------Dep-----------rec-----------iat-----------ion----------- =
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