Burger Chef acquired a delivery truck on March t 2021 or $15.800 The company estmates a residul ve of $200 nd teyservice life. It expects to drive the truck 66.000 miles Actual mileage was 12.000 mdes in 2021 and 600 les in 2022Calculate depreciation expense using the activity-based method for 2021 and 2022. ssuming a December 31 year end De notround intermediate calculations.)DepreciationExpenseYear20212022

Name: Burger Chef acquired a delivery truck on March t 2021 or $15.800 The
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Description: Burger Chef acquired a delivery truck on March t 2021 or $15.800 The company estmates a residul ve of $200 nd teyservice life. It expects to drive the truck 66.000 miles Actual mileage was 12.000 mdes in 2021 and 600 les in 2022Calculate depreciatio

Depreciation rate per miles = (Cost - salvage value)/expected miles = (15,800 -…

Business

Accounting

Burger Chef acquired a delvery truck on Marcht 2021 or S500 The company est service lfe it expects to drive the truck 66.000 mes Actual meage s 12.000 mes in 2021 and 2022 Calculate depreciation expense using the activity-based method for 2021 and 2022 uming a Decenter 31 year end De net round intermediate calculations) Depreciation Expense Year 2021 2022

Burger Chef acquired a delvery truck on Marcht 2021 or S500 The company est service lfe it expects to drive the truck 66.000 mes Actual meage s 12.000 mes in 2021 and 2022 Calculate depreciation expense using the activity-based method for 2021 and 2022 uming a Decenter 31 year end De net round intermediate calculations) Depreciation Expense Year 2021 2022

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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Please find the depreciation expenses thanku
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Required B & Required C please
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rmn.3
Calculate the depreciation expense with these methods 1- straight line method 2019 2- double declining method 2020 3- Sum of the years digits for 2020 A house cost $800,000 on April 1,2019 the salvage value is $80,000 and its expected life is 8 years.
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