method tracks the wear and tear on the equipment most?
Depreciation schedule must be prepared.
Fried Chicken bought equipment January 2, 2010 for 33,000 dollars.
equipment was expected to remain in service 4 years and to perform
7,500 fry jobs.
the end of the equipments useful life, Cracklin estimates that its
residual value will be 3,000.
equipment performed 750 jobs the first year, 2, 250 the second year, 3, 000 the third year and
the fourth year.
a schedule of depreciation expense per year under the 3 depreciation
with straightline depreciation.
– ___________ = _____ Divided by _________ = Depreciation