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doubledediningbalance deprediation a small delivery truck was purchased on january...

Question: doubledediningbalance deprediation a small delivery truck was purchased on january...

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Double-Dedining-Balance Deprediation A small delivery truck was purchased on January 1 at a cost of $25,300. It has an estimated useful Iife of four years and an estimated salvage value of $5,050 prepare a depreciation schedule showing the depreclation expense, accumulated deprediatien, and book value for each year under the double-dedining-balance method. If an amount box does nst require an entry, leave it blank. Small Delivery Truck Depreciation Schedule On January Book Valkue Accumulated Depreciation End of Yea, Book Value Year Beginning of Year x Rate (%)- Depreciation Expense e End ef Year 12.650 6325 125.300 2 (12.650 6325 3,162 22.137 43163

Sum-of-the-Years-Digits Depreciation A small delivery truck was purchased on January 1 at a cost of $27,400. It has an estimated useful ife of four years and an estimated salvage value of $4,40o. Prepare a depreciation schedule showing the depreciation expense, accumulated depreciation, and book value for each year under the sum-of the-years -digits method. Small Delivery Truck Depreciation Schedule On January 1 Accumulated Depreciation End of Year Book Value End of Year Year Derreciable Cost x Rate (%). Depreciation Expense

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