Depreciation chart

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 (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.

 

    • 8 years ago
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