Depreciation chart
(Different Methods of Depreciation) Jackel Industries presents you with the following information.
Descripton | Date Purchased | Cost | Salvage Value | Life In Years | Depreciation Method | Accumulated Depreciation to 12/31/15 | Depreciation for 2016 |
Machine A | 2/12/14 | $142,500 | $16,000 | 10 | (a) | $33,350 | (b) |
Machine B | 8/15/13 | (c) | 21,000 | 5 | SL | 29,000 | (d) |
Machine C | 7/21/12 | 75,400 | 23,500 | 8 | DDB | (e) | (f) |
Machine D | 10/12/(g) | 219,000 | 69,000 | 5 | SYD | 70,000 | (h) |
Instructions
Complete the table for the year ended December 31, 2016. The company depreciates all assets using the half-year convention.
10 years ago 5
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