Bitter Company acquired a machinery on April 1, 2020. Problem 27-9 (ACP) siter Company acquired a machinery on April 1, 2020. Cost Residual value Estimated useful life What is the depreciation for 2020 using sum of years 1,200,000 120,000 8 years digits? a 180,000 b. 240,000 e. 120,000 d. 160,000 2 What is the depreciation for 2021 using sum of years' digits? a 157,500 ь. 217,500 e. 210,000 d. 105,000 3. What is the depreciation for 2020 using double declining balance? a. 300,000 b. 150,000 c. 225,000 d. 202,500 4 What the depreciation for 2021 using double declining balance?

Bitter Company acquired a machinery on April 1, 2020. Problem 27-9 (ACP) siter Company acquired a machinery on April 1, 2020. Cost Residual value Estimated useful life What is the depreciation for 2020 using sum of years 1,200,000 120,000 8 years digits? a 180,000 b. 240,000 e. 120,000 d. 160,000 2 What is the depreciation for 2021 using sum of years' digits? a 157,500 ь. 217,500 e. 210,000 d. 105,000 3. What is the depreciation for 2020 using double declining balance? a. 300,000 b. 150,000 c. 225,000 d. 202,500 4 What the depreciation for 2021 using double declining balance?

Name: Bitter Company acquired a machinery on April 1, 2020.Problem 27-9 (AC
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Description: Bitter Company acquired a machinery on April 1, 2020.Problem 27-9 (ACP)CostResidual valueEstimated useful lifeWhat is the depreciation for 2020 using sum of years'1,200,000120,0008 yearsdigits?a. 180,000b. 240,000c. 120,000d. 160,0001 What is the de

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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