Business, 18.11.2019 23:31, Dianar8407

Renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation, rei changed the estimated useful life from 8 years to 14 years. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be? ?

q2: renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation, rei changed the estimated useful life from 8 years to 14 years. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be? ?

q3: renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to have an 8 year useful life and a $20,000 salvage value. at the beginning of the fifth year of operation rei changed the estimated salvage to $28,000. assuming the company uses the straight-line method, the amount of accumulated depreciation on the year 6 balance sheet would be

q4: true or false: all costs associated with a machine after it is operational are expensed in the period they are incurred. this statement is

Answers: 3

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Renewable energies, inc. (rei) paid $100,000 to purchase a windmill. the windmill was expected to ha...