Questions LLC
Login
or
Sign Up
Ask a New Question
Depreciation
Page 3
Questions (295)
sandeep purchased a machinery for 21000 on 1 January 2001. the estimated life of the machine is 10 years after which its
2 answers
asked by
medi
562 views
2. You just bought a used truck for $10,000 and it loses value at a rate of 10% per year. What is it worth two years later?
1 answer
asked by
jeudi
384 views
A company purchased and installed a machine on January 1 at a total cost of $72,000. Straight-line
depreciation was calculated
2 answers
asked by
Lonnie
883 views
purchased a machine of Rs. 1000000 on 1/1/13, the service life of the machine is 10 years. The company calculate depreciation on
1 answer
asked by
rony
480 views
Should a capital asset that is increasing in value be depreciated?
1 answer
asked by
Anon
366 views
how long would it take an investment to halve in value if it depreciates at a rate of 12,5% per annum on a straight line method?
1 answer
asked by
JERRY
373 views
A small business owner buys a truck for $20,000 to transport supplies for her business. She anticipates that she will use the
2 answers
asked by
kat
935 views
Billy buy a car for 16,400.his car depreciates in value 24% each year. What was the value after 2 years?
1 answer
asked by
BMO
477 views
Meranda Corporation purchases a machine for $125,000. It has an estimated salvage value of $10,000 an is expected to produce
2 answers
asked by
kathy
504 views
A light truck is purchased on January 1 at a cost of $27,000. It is expected to serve for eight years and have a salvage value
1 answer
asked by
amber
498 views
a new car cost $13,000 and is depreciating by $900 each year. how much will the car cost be worth after 4 years?
3 answers
asked by
alexis
639 views
You purchase a machine for $50,000, depreciated straight-line to a salvage value of $20,000 over its 6 year life. If the machine
1 answer
asked by
Thad
494 views
A machine worth $ 11000 new and having a scrap value of $ 10995.6 is to be depreciated over a 4.4 -year life.
Find the function
6 answers
asked by
Ann
539 views
In January this year, Kathryn bought a new computer for $6000. She estimates its useful life as 5 years and its scrap value as
1 answer
asked by
Anne
362 views
Mike purchases a heavy-duty truck (5-year class recovery property) for his delivery service on April 30, 2010. The truck is not
3 answers
asked by
Anonymous
676 views
A truck was purchased for $25,000. It has a six-year life and a $4,000 salvage value. Using straight-line depreciation, what is
1 answer
asked by
Harriett
1,147 views
Maximus Dog Company purchased a new supply van on January 1, 2011, for $35,000. The van is estimated to last for five years and
1 answer
asked by
Anonymous
665 views
1-On May 1, 2012, Pinkley Company sells office furniture for $150,000 cash. The office furniture originally cost $375,000 when
1 answer
asked by
miley
881 views
3. Your company needs to depreciate its assets. The accountant wants to record the purchase price, the useful life, and the
1 answer
asked by
tina
885 views
On November 30, 2011, Constance purchased an apartment building for $750,000. Determine her depreciation deduction for 2011
1 answer
asked by
kaye
430 views
. Della purchased a commercial warehouse which has a 39 year life on February 25, 2011, for $350,000. $45,000 of the price was
1 answer
asked by
kaye
414 views
The company’s fiscal year ends on December 31. Using the following information, compute depreciation for this machine for each
1 answer
asked by
Frank
518 views
ABC company purchased machine for $300,000 that had a useful life of 5 years, with a salvage value of $50,000 at the end its
1 answer
asked by
Frank
487 views
In 20X0, ABC company purchased machine for $300,000 that had a useful life of 5 years, with a salvage value of $50,000 at the
1 answer
asked by
Angie
453 views
on july 01,2000, asok ltd. purchased a machine for Rs.1,08,000 and spent Rs.12000 on its installation.At the time of purchase it
1 answer
asked by
priyanka
797 views
You buy a car in 2005 for $7860 and it depreciates linearly. You sell the car for $5040 in 2011....
what does the domain
1 answer
asked by
Samantha
405 views
What is most important about section 179 depreciation?
1 answer
asked by
Jane
906 views
If a building cost $600,000, has an estimated residual value of $240,000, has an estimated life of 36 years, and is depreciated
2 answers
asked by
MAry
564 views
A truck costing $25,000 with a residual value of $5,000 was purchased by Rim Corporation. The truck’s estimated life is 10
1 answer
asked by
tracie
745 views
A company purchased a machine on January 1 of the current year for $750,000. Calculate the annual depreciation expense for each
3 answers
asked by
Dan
1,677 views
Calculate the double-declining balance depreciation schedule for a $2,000 item that will last five years. What is the estimated
2 answers
asked by
Heike
468 views
The Tao Inc. purchased an asset for $170,000 with a salvage value of $8,500 have a useful life of four years. Find the
1 answer
asked by
kate
478 views
I need some help with this question… It is confusing me… I have parts of it done but would like someone to help explain it
1 answer
asked by
sady
487 views
James, Inc. discovered that equipment purchased three years ago for $600,000 will not last as long as originally estimated. The
2 answers
asked by
T Smith
1,062 views
Store equipment is purchased on January 1, 2002 at a cost of $14,000 and $1,000 was spent on its installation. The depreciation
1 answer
asked by
Anonymous
412 views
A truck costing $25,000 with a residual value of $5,000 was purchsed by Rim Corporation. The truck's estimated life is 10 years.
2 answers
asked by
shawn
932 views
Baker Company purchases a new delivery truck for $20,000. The truck is expected to have a useful life of 90,000 miles before
1 answer
asked by
tj
508 views
Dennison Property Company purchases a new office space for lease to small businesses for $2,400,000, including a land value of
1 answer
asked by
tj
400 views
A delivery truck is purchased for $38,000, has a salvage value of $6,000 and is depreciated using MACRS. What is the first-year
1 answer
asked by
T.
466 views
A machine costs $40,000, has a salvage value of $8,000, and is expected to have a useful life of 100,000 hours. I
1 answer
asked by
T.
398 views
Three different companies each purchased a machine on January 1, 2012, for $54,000. Each machine was expected to last five years
1 answer
asked by
tonia
558 views
A company purchased machinery for $660,000 on May 1,2008. It is estimated that it will have a useful life of ten years,salvage
1 answer
asked by
Nick
622 views
Wilson Corporation began operations in January 2008, and purchased a machine for $20,000. Wilson uses straight-line depreciation
1 answer
asked by
Jane
448 views
On June 26, 2004, Elaine purchased and placed into service a new computer system costing $8,000. The computer system was used 80
2 answers
asked by
Elizabeth
589 views
On June 26, 2004, Elaine purchased and placed into service a new computer system costing $8,000. The computer system was used 80
2 answers
asked by
Elizabeth
1,193 views
Jay Corp. bought a machine for $15,000. The machine is expected to produce 10,000
units. The machine has a residual value of
1 answer
asked by
Anonymous
869 views
At the beginning of the year, we purchased a generator for $ 56,000. We expect then generator to have a useful life of 12 years,
1 answer
asked by
Sam
480 views
A small vessel (this means 10 year life) was purchased by a chemical company for $55,000 and is to be depreciated by MACRS
1 answer
asked by
Katy Marshall
687 views
1. Traci purchases a car for $16,000. If its depreciates by 12% per year, what will be the car's value in 5 years?
2. The
4 answers
asked by
Bianna
1,574 views
Alteran Corporation purchased a machine for 1.5 million in 2006. The machine is being depreciated over a 10-year life using the
3 answers
asked by
Bobbi Loffredo
671 views
Pages
1
2
3
4
5
6
Parent Categories (65)
Accounting
Accounting and Finance
Accounting and Taxation
Accounting concepts
Accounting or Finance
Accounting/Finance
Adjusting Entries
Algebra
Algebra or Financial Mathematics
Algebraic Equations
Arithmetic
Arithmetic operations
Asset
Asset Management
Asset Recording
Automobiles
Automotive
Basic Arithmetic
Business Expenses
Business/Finance
Business/Mathematics
Calculations
Changes in Accounting Estimates
Cost and Asset Management
Economics
Equations
Exchange Rate
Exponential Decay
Finance
Finance & Accounting
Finance and Accounting
Finance and Investments
Financial
Financial Accounting
Financial Analysis
Financial Calculations
Financial Concepts
Financial Mathematics
Fixed Assets
Functions
Functions and Equations
Inventory Management
Investment
Investments
Journal entries
Linear Equations
Machinery
Math
Math and Finance
Math/Finance
Mathematics
Mathematics and Finance
Percentage
Percentage Calculation
Percentages
Personal Finance
Property, Plant, and Equipment
Real Estate Investment
Simple Interest
Simple Interest or Compound Interest
Tax Planning
Taxation
Valuation
Word problem
Word Problems