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Posted by: Homeworkhelp
Price Quoted by Student: $7
Posted On: 2011-08-30 02:02:26
 
Question

E 11-5. For each of the following depreciable assets, determine the missing amount (?). Abbreviations for depreciation

E 11-5 Depreciation methods; solving for unknowns

For each of the following depreciable assets, determine the missing amount (?). Abbreviations for depreciation methods are SL for straight line, SYD for sum-of-the-years' digits, and DDB for double-declining balance.

Asset Cost Residual Value Service Life (years) Depreciation Method Depreciation (year 2)

A ? $20,000 5 DDB $24,000

B $40,000 ? 8 SYD 7,000

C 65,000 5,000 ? SL 6,000

D 230,000 10,000 10 ? 22,000

E 200,000 20,000 8 150%DB ?


Solutions
ANSWER KEY Exercise 11-5    
Price $7
Attachment 1: E 11-5 Depreciation methods.doc
Solution Posted By: Homeworkhelp    Posted on: 30-08-2011