Core Concepts of Accounting Information Systems
Core Concepts of Accounting Information Systems
13th Edition
ISBN: 9781118742938
Author: Mark G. Simkin, Carolyn S. Norman, Jacob M. Rose
Publisher: WILEY
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Chapter 5, Problem 15P
To determine

Prepare a document flow chart for (a) shipping department, (b) data entry department and (c) computer operations.

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Kelly Company purchased a bulldozer at a cost of $200,000. The bulldozer has an estimated salvage value of $25,000 and an estimated life of 10 years, or 15,000 hours of operation. The bulldozer was purchased on January 1, 2018, and was used 3,000 hours in 2018 and 2,500 hours in 2019. What amount will Kelly Company report as depreciation expense over the 10-year life of the equipment using straight-line depreciation?
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