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View Full Version : Quentin Company's December 31, 2004 Balance Sheet. Quentin began 2004 with the follo


shock_sh
Dec 13, 2013, 12:50 AM
Quentin Company's December 31, 2004 Balance Sheet.

Quentin began 2004 with the following non-current asset balances: Plant and equipment (net) $59,000; Patent (net) $28,000. No long-term assets were purchased or sold during the year. How much amortization and depreciation expense did Quentin record during 2004?

pready
Dec 13, 2013, 06:11 AM
Not enough information provided to solve your problem. Will need additional information like ending year balances, accumulated depreciation at beginning and end of year, etc...