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Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
النسخة 4الرقم المعياري الدولي: 978-1111581565Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
النسخة 4الرقم المعياري الدولي: 978-1111581565 تمرين 3
PROBLEM DATA
Dunedin Drilling Company recently acquired a new machine at a cost of $350,000. The machine has an estimated useful life of four years or 100,000 hours, and a salvage value of $30,000. This machine will be used 30,000 hours during Year 1, 20,000 hours in Year 2, 40,000 hours in Year 3, and 10,000 hours in Year 4.
REQUIREMENT
In the space below, prepare the journal entry to record the depreciation taken in Year 3 under the units of production method.
Dunedin Drilling Company recently acquired a new machine at a cost of $350,000. The machine has an estimated useful life of four years or 100,000 hours, and a salvage value of $30,000. This machine will be used 30,000 hours during Year 1, 20,000 hours in Year 2, 40,000 hours in Year 3, and 10,000 hours in Year 4.
REQUIREMENT
In the space below, prepare the journal entry to record the depreciation taken in Year 3 under the units of production method.
التوضيح
موثّق
موثّق
At the end of the period or fiscal year,...
Excel Applications for Accounting Principles 4th Edition by Gaylord Smith
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