Depreciation Questions

Added By waheeda - Jul 13, 2014 - Finance

Description

1 Jan 2002, Glass recycling company purchased special purpose equipment at a cost of $400000. the useful life of the equipment was estimated to be 5 years, with a residual value of $50,000. the company uses straight line for financial reporting purposes. Find out 5 years Depreciation.

Tags

depreciations 

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