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What is the accumulated depreciation on the equipment

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Reference no: EM133176459

Questions -

Q1. Discuss at least two (2) examples of service businesses that may require their workers to use job tickets and explain how it is more applicable than having to use time cards.

Q2. ''Prepare a'' monthly depreciation schedule for a photocopy machine purchased on 1 July 2021 for P350,000 with a useful life of 5 years and a salvage value of P25,000, using the straight line method. Use excel file to create the schedule.

-What is the accumulated depreciation on the equipment above if it was disposed on 30 September 2023?

-What is the Depreciation Expense to be recorded on 31 December 2021?

-What is the current value of the equipment if it was disposed on 31 August 2022?

Reference no: EM133176459

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