In its 2013 annual report to shareholders, Custard Cup Inc. disclosed the following footnote:
Note 4 Property, Plant, and Equipment
Property, plant, and equipment (PPE) at December 31, 2013, and December 31, 2012, consisted of the following: Depreciation expense for property, plant and equipment was $26 million in 2013.
Required:
Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2013.

Question

In its 2013 annual report to shareholders, Custard Cup Inc. disclosed the following footnote:
Note 4 Property, Plant, and Equipment
Property, plant, and equipment (PPE) at December 31, 2013, and December 31, 2012, consisted of the following:  Depreciation expense for property, plant and equipment was $26 million in 2013.
Required:
Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2013.

Quizplus · Accepted Answer

The Answer of In its 2013 annual report to shareholders, Custard Cup Inc. disclosed the following footnote:
Note 4 Property, Plant, and Equipment
Property, plant, and equipment (PPE) at December 31, 2013, and December 31, 2012, consisted of the following:  Depreciation expense for property, plant and equipment was $26 million in 2013.
Required:
Compute the Accumulated depreciation on PPE disposed of by Custard Cup during 2013.

In Its 2013 Annual Report to Shareholders, Custard Cup Inc