why is 3938 the right answer?Homework Answers
Depreciation for the year 2016 = Cost/useful life = 21000/4years = $ 5250
The required depreciation is for the period of January 1,2016 to September,2016. That would be period of 9 months. The proportional depreciation amount needs to be debited for 9 months.
Depreciation for 9 months = 5250 * 9/12 = $ 3938
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why is 3938 the right answer?
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