Solution-Calculate accumulated depreciation at the end

Calculate accumulated depreciation at the end

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Reference no: EM133157173

Question - Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $10,500 with a residual value of $1100.

Useful life is 5 years or 100,000 copies

Copies produced in 2011: 12000 copies; in 2012: 17,000 copies

Using the Double Declining Balance Method, calculate

a) The Depreciation Expense in 2011 & 2012

b) Accumulated depreciation at the end of 2012

c) Book value at the end of 2012

Reference no: EM133157173

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Calculate accumulated depreciation at the end : Morgana Film Productions Inc. purchased a copier on Jan 1, 2011 for $10,500 with a residual value of $1100. Calculate accumulated depreciation at the end

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Calculate accumulated depreciation at the end

Reference no: EM133157173

Reference no: EM133157173

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