Top Posters
Since Sunday
n
2
n
1
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Tomm Tomm
wrote...
Go to Answer
Posts: 653
Rep: 0 0
6 years ago
Carleton Corporation purchased machinery on October 1, 2013, at a total cost of $98,000. Estimated residual value is $8,000, estimated life of the machinery is 6 years or 50,000 hours. During 2013 and 2014, the machinery was used 1,400 and 8,760 hours, respectively.

Compute depreciation under straight-line, units-of-production, and double-declining-balance methods for 2013 and 2014.

   2013   2014
Straight-line depreciation   ________   ________
Units-of-production depreciation   ________   ________
Double-declining-balance
depreciation   ________   ________
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
Read 88 times
1 Reply
ACC 925
Replies
Answer verified by a subject expert
TheSinTheSin
wrote...
#1
Posts: 380
Rep: 16 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Tomm Author
wrote...

6 years ago
Thanks for your help!!
jodie1
wrote...

Yesterday
You make an excellent tutor!
sleinhi
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  766 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 578
  
 915
  
 251