Costs of Acquiring Fixed Assets Exclude Vandalism and uninsured theft Mistakes in installation Damage during unpacking and installing c9-6
C9 - 6 Vandalism and uninsured theft Mistakes in installation Damage during unpacking and installing Costs of Acquiring Fixed Assets Exclude:
Factors that Determine Depreciation Expense a)Initial Cost $24, 000 minus c9-7
C9 - 7 Factors that Determine Depreciation Expense minus a Initial Cost $24,000
Factors that Determine Depreciation Expense a)Initial Cost $24, 000 minus b)Estimated Residual value $2,000 equals c9-8
C9 - 8 equals Factors that Determine Depreciation Expense b Estimated Residual Value $2,000 minus a Initial Cost $24,000
Factors that Determine Depreciation Expense a)Initial Cost $24, 000 minus b Estimated Residual Value $2,000 equals Depreciable Cost $22,000 divided by c9-9
C9 - 9 divided by Depreciable Cost $22,000 equals Factors that Determine Depreciation Expense b Estimated Residual Value $2,000 minus a Initial Cost $24,000
Factors that Determine Depreciation Expense a)Initial Cost $24, 000 minus b Estimated Residual Value $2,000 equals Depreciable Cost $22,000 divided by ⊙ Estimated Useful life 5 years equals c9-10
C9 - 10 equals c Estimated Useful Life 5 years divided by Depreciable Cost $22,000 equals Factors that Determine Depreciation Expense b Estimated Residual Value $2,000 minus a Initial Cost $24,000