Problem: Jackel Industries presents you with the following information
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|
|
|
|
|
Acc Dep |
|
|
Date |
|
Salvage |
Life in |
Depreciation |
To |
Depreciation |
| Description |
Purchased |
Cost |
Value |
Years |
Method |
31-12-07 |
for 2008 |
|
|
|
|
|
|
|
|
| Machine A |
12-02-06 |
142500 |
16000 |
10 |
(a) |
33350 |
(b) |
| Machine B |
15-08-05 |
(c) |
21000 |
5 |
SL |
29000 |
(d) |
| Machine C |
21-07-04 |
75400 |
23500 |
8 |
DDB |
(e) |
(f) |
| Machine D |
10/12/(g) |
219000 |
69000 |
5 |
SYD |
70000 |
(h) |
Instructions: Complete the table for the year ended December 31, 2008. The company depreciates all assets using the half-year convention.
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)