Depreciation methods for Jeeter Industries
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Hello, I need your help with this...Please put in excel.Thank you.
Please see the attached file.
Jeeter industries presents you with the following information.
Description Date Purchased Cost Salvage Value Life in Years Depreciation Method Accumulated Depreciation to 12/31/10 Depreciation for 2011
Machine A 12/02/2009 $159,000 $16,000 10 (a) $37,700 (b)
Machine B 15/08/2008 ( c ) 21,000 5 SL 29,000 (d)
Machine C 21/07/2007 88,000 28,500 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, 2011. The company depreciates all assets using the half-year convention.
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Solution Summary
The solution explains the calculation of missing amounts using different depreciation methods
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