The fixed assets have estimated useful lives as follows:
office equipment -7.0yrs
use the straight-line method of depreciation. management has decided that assets purchased during a month are treated as if purchased on the first day of the month. the building’s scrap value is $500.00.
The office equipment has a scrap value of $400.00. The computer equipment has no scrap value. calculate the depreciation for one month.
computer equipment : 37500
Office equipment: 1250
“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”
What Students Are Saying About Us.......... Customer ID: 12*** | Rating: ⭐⭐⭐⭐⭐
"Honestly, I was afraid to send my paper to you, but splendidwritings.com proved they are a trustworthy service. My essay was done in less than a day, and I received a brilliant piece. I didn’t even believe it was my essay at first 🙂 Great job, thank you!"
.......... Customer ID: 14***| Rating: ⭐⭐⭐⭐⭐
"The company has some nice prices and good content. I ordered a term paper here and got a very good one. I'll keep ordering from this website."