Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Apr 2018 My Price 4.00

Togo’s Sandwiches

1. Togo’s Sandwiches acquired equipment on April 1, 2012, for $13,000. The company estimates a residual value of $1,000 and a five-year service life.

Required:

Calculate depreciation expense using the straight-line method for 2012 and 2013, assuming a December 31 year-end.

2. Tasty Subs acquired a delivery truck on October 1, 2012, for $16,500. The company estimates a residual value of $1,500 and a six-year service life.

Required:

Calculate depreciation expense using the straight-line method for 2012 and 2013, assuming a December 31 year-end

 

Answers

Maurice Tutor
(5)
Status NEW Posted 04 Apr 2018 07:04 PM My Price 4.00

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