Depreciation is computed to the nearest month

Reference no: EM1311017

Determination of depreciation amount.

Bundy company purchased several computerized cash registered on April 2, 2008, a total cost of 36,600. Estimated useful life of the registers is 4 years, and their total expected salvage value is $1,600. Bundy uses the straight-line method of depreciation and has a December 31 year-end. Determine the amount of depreciation expense in 2008 assuming, alternatively, that (a) depreciation is calculated to the nearest month and (b) Bundy uses the midyear convention.

Reference no: EM1311017

Questions Cloud

The speed of the car when the brakes were applied : What was the speed of the car when the brakes were applied.

Identification of capital and revenue expenditure : Identification of capital and revenue expenditure and A new machine was accidently damaged during installation

Dollar amount that winters must debit the vehicles account : Determine the dollar amount that Winters must debit the Vehicles account

What is the drag factor of the road : What could you expect the intrusion into the vechicle is, based on this information? Explain how you arrived at this intrusion.

Depreciation is computed to the nearest month : Depreciation is computed to the nearest month and Bundy uses the midyear convention

The work done by an object to lift another object : An object is lifted vertically 2m and held there. If the object weighs 30N, how much work was done in lifting it. Describe it briefly.

Journal entries to record depreciation of truck : Journal entries to record depreciation where the life of the truck is not extend and Prepare the journal entries to record the cost of the upgrade

Determine the work done by an object : Mattwe pulls his little sister sarah in a sled on an icy surface, with a force of 60 N at an angle of 37 ° upward from the horizontal. If he pulls her a distance of 12m, then determine the work done by matthew?

Appraisal of financial statements : Appraisal of Financial Statements and also wants you to increase the value of all plant assets to their appraised values

User Account

All Pages