In its 2016 annual report to shareholders,Custard Cup Inc.included the following note:
Note 4 Property,Plant,and Equipment
Property,plant,and equipment (PPE)at December 31,2016,and December 31,2015,consisted of the following:

Depreciation expense for property,plant and equipment was $26 million in 2016.
Required: Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2016.

Question

In its 2016 annual report to shareholders,Custard Cup Inc.included the following note:
Note 4 Property,Plant,and Equipment
Property,plant,and equipment (PPE)at December 31,2016,and December 31,2015,consisted of the following:
  
Depreciation expense for property,plant and equipment was $26 million in 2016.
Required: Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2016.

Quizplus · Accepted Answer

The Answer of In its 2016 annual report to shareholders,Custard Cup Inc.included the following note:
Note 4 Property,Plant,and Equipment
Property,plant,and equipment (PPE)at December 31,2016,and December 31,2015,consisted of the following:
  
Depreciation expense for property,plant and equipment was $26 million in 2016.
Required: Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2016.

In Its 2016 Annual Report to Shareholders,Custard Cup Inc