In its 2018 annual report to shareholders, Custard Cup Inc. included the following note:
Note 4 Property, Plant, and Equipment
Property, plant, and equipment (PPE) at December 31, 2018, and December 31, 2017, consisted of the following: Depreciation expense for property, plant and equipment was $26 million in 2018.
Required: Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2018.

Question

In its 2018 annual report to shareholders, Custard Cup Inc. included the following note:
Note 4 Property, Plant, and Equipment
Property, plant, and equipment (PPE) at December 31, 2018, and December 31, 2017, consisted of the following:  Depreciation expense for property, plant and equipment was $26 million in 2018.
Required: Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2018.

Quizplus · Accepted Answer

The Answer of In its 2018 annual report to shareholders, Custard Cup Inc. included the following note:
Note 4 Property, Plant, and Equipment
Property, plant, and equipment (PPE) at December 31, 2018, and December 31, 2017, consisted of the following:  Depreciation expense for property, plant and equipment was $26 million in 2018.
Required: Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2018.

In Its 2018 Annual Report to Shareholders, Custard Cup Inc