题目内容
On January 2, 2015, Kellogg Corporation acquired equipment for $300,000. The estimated life of the equipment is 5 years or 40,000 hours. The estimated residual value is $20,000. What is the book value of the asset on December 31, 2016, if Kellogg Corporation uses the straight-line method of depreciation?
查看答案
搜索结果不匹配？点我反馈
更多问题
On January 2, 2015, Konan Corporation acquired equipment for $300,000. The estimated life of the equipment is 5 years or 40,000 hours. The estimated residual value is $20,000. What is the balance in Accumulated Depreciation on December 31, 2016, if Konan Corporation uses the double-declining-balance method of depreciation?
On January 4, 2012, Mary's Cafe acquired equipment for $200,000. The estimated life of the equipment is 8 years or 60,000 hours. The estimated residual value is $10,000. What is the balance in the Accumulated Depreciation account at December 31, 2013 if the straight-line method is used?
On January 2, 2015, Mumford Corporation acquired equipment for $80,000. The estimated life of the equipment is 4 years. The estimated residual value is $5,000. What is the amount of depreciation expense for 2016, if the company uses the double-declining-balance method of depreciation?
Martin Company paid $500,000 for a piece of equipment. Martin uses straight-line depreciation. Currently the equipment has a balance in the accumulated depreciation account of $200,000. If the asset has no residual value and an estimated life of 10 years, how many years has the asset been depreciated?
微信支付 
支付宝支付