Calculate the depreciation

Assignment Help Accounting Basics
Reference no: EM131596513

Question - Wrote a cheque to All-Technics for a new cash register $3,740 (including GST). [Cheque 210] The cash register is expected to last for 3 years with a residual value of $160. Depreciation is allocated using the straight-line depreciation method.  

How do I calculate the depreciation?

Reference no: EM131596513

Questions Cloud

What are some real or potential applications : Critically reflect on the importance of present and future values. What are some real or potential applications of these concepts
Explain how each item on checklist helps evaluate a study : Explain how each item on checklist helps evaluate a study. Checklist should be clearly worded. A person using it should not have to ask for an explanation.
His investment account each month to reach his goal : How much would your friend have to put in his investment account each month to reach his goal?
Interest-only mortgage-what will the monthly payments be : An “interest-only” mortgage is made for $100,000 at 10 percent interest for 10 years. What will the monthly payments be?
Calculate the depreciation : Wrote a cheque to All-Technics for a new cash register $3,740 (including GST). How do I calculate the depreciation
What types of products are well-suited for an auction market : At what points in the product life cycle can auction markets prove beneficial for marketers? Have you ever participated in an online auction?
Create a jsp that will display a multiplication chart : Create a JSP that will display a multiplication chart back to the user - A HTML page that asks the user to enter the number to multiply and up
What is the exigence that inspired her text as a response : What is the exigence that inspired her text as a response? Who is this intended audience? What are some of her constraints (and affordances)?
Challenge fama efficient market hypothesis : When we see or hear about financial/corporations scandals how does this challenge Fama's Efficient Market Hypothesis?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd