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    Misspurered's Avatar
    Misspurered Posts: 2, Reputation: 1
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    #1

    Aug 2, 2014, 10:11 PM
    How to adjust depreciation of equipment
    1. On January 1 of the current year, Yan purchased office equipment which cost 150,000 with an expected life of 5 years with no salvage value

    2. Computer equipment costing 60,000 with an expected life of three years and no salvage value was purchased on July 1 of the current year.
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
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    #2

    Aug 3, 2014, 10:54 AM
    Simple math, how long and how much since no salvage?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #3

    Aug 3, 2014, 12:54 PM
    Not enough information provided. You will need to know what depreciation method is being used and what date is the adjusting entry being made.
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