Prepare a schedule of depreciation expense

Reference no: EM131971666

Problem

Rita's Plzza bought equipment on January 2, 2014, for $50,000. The equipment was expected to remain in service for four years and to perform 48,000 pizza jobs. At the end of the equipment's useful life, Rita's estimates that its residual value will be $2,000. The equipment performed to 10,000 jobs the first year, 16,000 the third, and 7,000 the fourth year.

Requirments:

Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods. Show your computations.

Reference no: EM131971666

Questions Cloud

Elementary school student learn multiplication : Javascript assistance with a program that will help an elementary school student learn multiplication.

What strategies would use to increase communication skills : What strategies would you use to increase your interpersonal communication skills with community partners? Explain your rationale. include references.

Write about an event involving civil procedure of USA : Write about an event involving civil procedure of USA that happened to you or someone you know

Limitations of the cipher block chaining method : What are the limitations of the Cipher Block Chaining method?

Prepare a schedule of depreciation expense : Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods.

What amount relating to business combination would expensed : Based on the preceding information, under the acquisition method, what amount relating to the business combination would be expensed?

Construct a pattern of length 8 : Construct a pattern of length 8, over the alphabet a, b, such that the number of comparisons in Knuth-Morris-Pratt Algorithm

Analyze and explain how you would use dns in your plan : Analyze the functional problems of throughput, delay, and packet loss as it pertains to your plan.Analyze and explain how you would use DNS in your plan.

Develop a social media hash tag : Consider the utility of Twitter, Facebook, or similar social media vehicles. Using 140 characters or less, develop a social media hash tag that will promote.

User Account

All Pages