here is a better look Only 1.2020, Orace Corporation puced a...

50.1K

Verified Solution

Question

Accounting

image
here is a better look
image
Only 1.2020, Orace Corporation puced a machine that makes it for 320.000. They expect to use the achine for a cal of year and then will. At the end of tw 4 years they expect the machine will still be worth $10.000. Complete the following depreciate hohe ng the double detileg balance method of depreciation (14 poles Year Ae Cost Book value Rate Depreciation Express Acumstated Depreciation Book Value 112031 20.000 0 000 1712021 12034 1/1/2025 3. On Juary 1, 2030. Orozco Corporation purchased a machine that makes print for 590,000. They expect me the machine for a total of 4 years and there will sell it. At the end of the years, they expect the machine will still be worth $10.000. Complete the following depreciation schedule using the double declining balance nebo of depreciation (14 points) Year Asset Cost Hook Valur Rate Depreciation Espre Accumstated Depreciation Hek Value 1/12031 90.000 20,000 1/1/2022 1/1/2033 1/1/2014 1/1/2025

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students