What was the accumulated depreciation

Reference no: EM133650404

Question

Kelley's Accounting Services purchased a new desk on October 1st, 2013 for $2,800. The estimated salvage value is $400 and the estimated useful life is 10 years. What was the accumulated depreciation at the end of 2014?

Reference no: EM133650404

Questions Cloud

Establish step-by-step process to regularly review sources : Establish a step-by-step process to regularly review sources of information on taxation systems to ensure that payroll operations remain compliant

Rotomola record on transfer of the products : What journal entries should Rotomola record on transfer of the products?

Entry for the receipt of the loan : Sam would like to see the entry for the receipt of the loan and the recording of the journal entries on December 31.

Determine the break-even analysis : You are trying to determine the break-even analysis to cover your fixed costs. What selling price per unit must you get in the market to break-even?

What was the accumulated depreciation : Kelley's Accounting Services purchased a new desk on October 1st, 2013 for $2,800. What was the accumulated depreciation at the end of 2014?

Internal and external factors stakeholders face : What are the internal and external factors stakeholders face when dealing with ethics violations surrounding fraudulent financials statements

Contract and still create value for stockholders : What is the lowest possible per shovel price that Wildhorse can offer for the contract and still create value for its stockholders?

Company key financial strengths and weaknesses : Summarize the company's key financial strengths and weaknesses; maintaining or improving the company's financial position in the coming years.

Free transferability of interests concept : As a characteristic of corporations, the 'free transferability of interests' concept refers to

User Account

All Pages