Answer
A |
Cost |
$ 340,000.00 |
B |
Residual Value |
$ 40,000.00 |
C=A - B |
Depreciable base |
$ 300,000.00 |
D |
Life [in years] |
6 |
E=C/D |
Annual SLM depreciation |
$ 50,000.00 |
Book Value at Mar 31, 2021
= $ 340000 – 112500 accumulated depreciation
= $ 227,500
Book Value as of Dec 31, 2021 = $
340000 - ($50000 x 3 years)
= 340000 – 150000
= $ 190,000
On March 31, 2021, management of Quality Appliances committed to a plan to sell equipment. The equipment was available...
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> can you tell me the right answer for 2 part?
Gunjan Mon, Nov 15, 2021 10:42 PM