Mathematics
Mathematics, 11.07.2019 05:30, tashakelly42

Ineed workings for depreciation done in a table for each vehicle and each year. i need a vehicles account, a provision for depreciation account & a disposal account done !

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Business, 24.06.2019 17:00, magalyrodette7812
Joshua bought a commercial truck for his business’s operations in 2010. it cost him $30,000. every year, its value has diminished. in 2014, the truck had an estimated market value of $25,000. under which accounting head did joshua’s business record the difference of $5,000? a. motor vehicle account b. inventory account c. depreciation account d. market value account
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Business, 27.09.2019 04:20, genyjoannerubiera
The annual depreciation taken on a vehicle totals $4,400. the vehicle has been in service for three full years and the adjusting entries have been completed for the year. at the end of the third year, the balance in the depreciation expense account is $ and the balance in the accumulated depreciation account is $
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Business, 24.10.2019 17:43, makayla2583
Two brother's moving company purchased a group of new moving trucks for a total amount of $125,000. the vehicles are expected to last five years due to the heavy use and have a residual/scrap/salvage value of $10,000 at the end of that life. usage of the vehicle is tracked in miles and the vehicles in total are expected to last 2,000,000 miles. during year one 750,000 miles were used, during year two 600,000 miles were used, during year three 500,000 miles were used, during year four no miles were used due to a temporary closing of the moving line of business, and during year five 150,000 miles were used. using the depreciation template provided, determine the amount of depreciation expense for the third year under each of the following assumptions: the company uses the straight-line method of depreciation. the company uses the units-of-production method of depreciation. the company uses the double-declining-balance method of depreciation. assuming straight line depreciation, prepare the journal entry for the third year. assume the company sold the vehicles at the end of the fourth year for $50,000. prepare a journal entry for asset disposal in the fourth year. assume you are the chief accountant of this company. determine how you will choose, based on best industry practices, the depreciation method for them to use.
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Business, 05.11.2019 20:31, jennychen2518pbmirn
On march 15, 2019, helen purchased and placed in service a new escalade. the purchase price was $62,000, and the vehicle had a rating of 6,500 gvw. the vehicle was used 100% for business. assuming that helen does not use additional first-year depreciation, calculate the total depreciation deduction that she can take on the vehicle for 2019. what would your answer be if helen decided to take additional first-year depreciation?
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