PDA

View Full Version : Accounting


louballa
Aug 21, 2012, 03:37 PM
A company purchased a machine on January 1 of the current year for $750,000. Calculate the annual depreciation expense for each year of the machine's life (estimated at 5 years or 20,000 hours, with a salvage value of $75,000). During the machine's 5-year life its hourly usage was: 3,000; 4,000; 5,000; 5,000; and 3,000 hours.

paraclete
Aug 21, 2012, 04:09 PM
You can't just post your accounting assigments and expect us to answer them for you, what specific questions do you have regarding this assigment. We don't provide model answers, you might find those at the back of your text book

louballa
Aug 21, 2012, 04:39 PM
I am an accounting major and I have my degree I was putting this out there to see who could answer the question

paraclete
Aug 21, 2012, 07:53 PM
we are not here to study accounting but to assist those who might struggle with the concepts or need genuine help. I'm a CPA so I don't need to do accounting for my amusement. Also I see no question, just a statement of possible production values

if as you say you are a graduate you might like to take over the tutioring role