ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 194
What are the weighted-average accumulated expenditures?
35) Which of the following is a capital expenditure?
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ACC 304 Week 5 Midterm Part 2
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1) 1) A machine which cost $300,000 is acquired on October1,
2014. Its estimated salvage value is $30,000 and its expected life is
eight years.
a)
Calculate depreciation expense for 2014 and 2015 by doubledeclining balance
b) Calculate depreciation expense for 2014 and 2015 by sum-ofthe-years-digits
c)
At the end of 2015, which method results in the larger
accumulated depreciation amount?