Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
gOOvER gOOvER
wrote...
Go to Answer
Posts: 1305
Rep: 0 0
6 years ago
On January 1, 2012, a company buys a equipment for $10,000. It has estimated residual value of $1,000, and an estimated life of 5 years. Assume the company uses double-declining-balance amortization. Please complete the amortization schedule below.

Date   Asset Cost   Amortizable Cost   AmortizationRate   Amortization Expense   Accumulated Amortization   Book Value
2012-01-01                  
2012-12-31                  
2013-12-01                  
2014-12-01                  
2015-12-01                  
2016-12-01
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
Read 57 times
1 Reply
Replies
Answer verified by a subject expert
migrodmigrod
wrote...
#1
Posts: 415
Rep: 22 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 160 words.
1

Related Topics

gOOvER Author
wrote...

6 years ago
this is exactly what I needed
ealvino1610
wrote...

Yesterday
Good timing, thanks!
kh540941
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1349 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 391
  
 224
  
 242
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: Should Ph.D.'s be addressed as doctors?