View Policies Current Attempt in Progress Blossom Arrow Ltd. purchased a new bus on...
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View Policies Current Attempt in Progress Blossom Arrow Ltd purchased a new bus on October at a total cost of $ Management is considering the merits of using the diminishingbalance or unitsofproduction methods of depreciation instead of the straightline method, which it currently uses for its other buses. The new bus has an estimated residual value of $ and an estimated useful life of either four years or Use of the bus will be sporadic so it could be much higher in some years than in others. Assume the new bus is driven as follows: in ; in ; km in ; km in ; and km in Blossom Arrow has an October year end. a Prepare separate depreciation schedules for the life of the bus using: Round depreciation per unit to decimal places, eg and final answers to decimal places, eg Straightline method: 
View Policies
Current Attempt in Progress
Blossom Arrow Ltd purchased a new bus on October at a total cost of $ Management is considering the merits of using the diminishingbalance or unitsofproduction methods of depreciation instead of the straightline method, which it currently uses for its other buses. The new bus has an estimated residual value of $ and an estimated useful life of either four years or Use of the bus will be sporadic so it could be much higher in some years than in others. Assume the new bus is driven as follows: in ; in ; km in ; km in ; and km in Blossom Arrow has an October year end.
a
Prepare separate depreciation schedules for the life of the bus using: Round depreciation per unit to decimal places, eg and final answers to decimal places, eg
Straightline method:
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