2. 外语
  3. ABC Sport acquired equipment at a cost of ＄200,000 on 1 January 2003. The asset was estimated to have a scrap value of ＄20,000 a

ABC Sport acquired equipment at a cost of ＄200,000 on 1 January 2003. The asset was estimated to have a scrap value of ＄20,000 a

admin2011-01-14  96
问题 ABC Sport acquired equipment at a cost of ＄200,000 on 1 January 2003. The asset was estimated to have a scrap value of ＄20,000 and an estimated useful life of 5 years. If you are the accountant of ABC Sport, please compute the annual depreciation expense for each year respectively.
Required:
(a)Using straight-line method.
(b)Using double-declining-balance method (reducing balance method).
(c)Using sum-of-the-years-digits method.
选项
答案(a) Annual depreciation expense = (＄200,000 -＄20,000)/5=36,000 Annual depreciation expense for each year equals with each other. (b) Double-declining-balance rate = Straight-line rate×2 = 40% depreciation expense for year 2003 = ＄200,000×40% = ＄80,000 depreciation expense for year 2004 = ＄120,000×40% = ＄48,000 depreciation expense for year 2005 = ＄72,000×40% = ＄28,800 depreciation expense for year 2006 = ＄43,200×40% = ＄17,280 depreciation expense for year 2007 = ＄25,920 -＄20,000 = ＄5,920 (c) Sum of the year’s digits = 1+2+3+4+5= 15 depreciation expense for year 2003 = (＄200,000-＄20,000)×5/15 = ＄60,000 depreciation expense for year 2004 = (＄200,000-＄20,000)×4/15 = ＄48,000 depreciation expense for year 2005 = (＄200,000-＄20,000)×3/15 = ＄36,000 depreciation expense for year 2006 = (＄200,000-＄20,000)×2/15 = ＄24,000 depreciation expense for year 2007 = (＄200,000-＄20,000)×5/15 = ＄12,000
解析
转载请注明原文地址:https://kaotiyun.com/show/JRYd777K
0

中级（会计）

原金融专业英语（FECT）

金融英语（FECT）

相关试题推荐
随机试题
最新回复(0)