Ask Experts Questions for FREE Help !
Ask
    arinkam2010's Avatar
    arinkam2010 Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 4, 2015, 09:15 AM
    Annual depreciation on the trucks was $50,350
    Annual depreciation of the trucks was $50,350
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
     
    #2

    Nov 4, 2015, 11:29 AM
    That's great, now what is your question?
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
    Uber Member
     
    #3

    Nov 4, 2015, 12:04 PM
    That has got to be the worst truck ever to depreciate that much that fast.
    ma0641's Avatar
    ma0641 Posts: 15,675, Reputation: 1012
    Uber Member
     
    #4

    Nov 4, 2015, 08:08 PM
    "trucks". Still would have to be a lot of them. Assume it's an accounting homework question.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #5

    Nov 5, 2015, 12:33 AM
    We assume nothing, someone wants to make a statement about the depreciation of trucks. I don't see a question in the ordinary usage of the english language. I will regard myself as informed
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
    Ultra Member
     
    #6

    Nov 18, 2015, 02:30 PM
    How would you journalize it. That is the question.
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
     
    #7

    Nov 18, 2015, 02:40 PM
    I don't see that question anywhere, it maybe that a formula for calculation of depreciation is required, in either case I'm not doing the work for someone who could get the information by reading a text

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

What should be the narration for recording annual depreciation? [ 1 Answers ]

What should be the narration for recording annual depreciation? i.e. Depreciation Exp. And Accumulated Depreciation

Compute the annual depreciation cost using the straight-line method of depreciation. [ 3 Answers ]

On January 1, 2007, Kenyan Company had Notes Receivable of $11,000. The note receivable is from Brennan Company. It is a 4-month, 9% note dated December 31, 2006. During the year the following selected transactions occurred (Kenyan Company uses a periodic inventory system.). Jan. 5 Sold...

Beggening book value 2450.00 depreciation rate 40% what is the annual depreciation? [ 1 Answers ]

My beginning book value is 2,450.00 my depreciation rate is 40% what is my annual depreciation?

Adjusting the annual depreciation [ 1 Answers ]

If the accumulated depreciation (66000) is given in the original trial balance, how do I adjust the entry if the annual depreciation(13200) is given in the adjusted entries?


View more questions Search