...differs from the depreciation rate? QUESTION: The machine is purchased on 1/10/2009 for 200,000.Estimated life is 10 years and estimated scrap value is 20,000.Accounting years ends on December 31.
REQUIRED:
Determine the depreciation expense for the year ended on Dec.31,2009 by using:
9% straight line method
REQUIRED:
Determine the depreciation expense for the year ended on Dec.31,2009 by using:
9% straight line method