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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
(Learning Objective 2: Computing and recording depreciation after a change in useful life of the asset) Six Flags over Georgia paid $60,000 for a concession stand. Six Flags started out depreciating the building straight-line over 10 years with zero residual value. After using the concession stand for 4 years, Six Flags determines that the building will remain useful for only 2 more years. Record Six Flags" depreciation on the concession stand for year 5 by the straight-line method.
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