| Depreciation - Declining Balance Method Electronic Analyzer -Neil Lincoln - Mercury decides to use the
double-declining-balance method of deprecation on a Barnes Electronic
Analyzer that was acquired at a cost of $25,500. If the estimated life of
the analyzer is 8 years and the estimated scrap is $3500, prepare a
depreciation schedule.
Year Computation / Amount of Depreciation / Accumulated Depreciation /BookValue
0
1
2
3
4
5
6
7
8
I think this is how I would set it up I am completely confused as to how to solve, does anyone know how?
Thank you so, so much |