Identify the depreciation method used in each instance above and show the equation and computation...
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Accounting
Identify the depreciation method used in each instance above and show the equation and computation for each method which should tie to the figures reported in the above table.
Compute the depreciation expense, accumulated depreciation and net book value for 2016 using the three methods above. (Round off answer to the nearest dollar).
Assuming the company adopted method 2 and sold the drink machine for $225,000 on June 30th, 2017, prepare the journal entries to record the disposal of the fixed asset as at that date. (Round off answer to the nearest dollar).
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