Mgt 101 3rd Gdb solution

Mgt 101 GDB
Its just idea Please dont copy and paste
..............................Calculate:

1. the cost of assets to be the capatilized for balance sheet pupose
2. the annual depreciation expense of year 20 x 3 under straight line depreciation
3. the annaul depreciation expense for the year 20 x 4 under declining balance method

Solution: 1
the cost of assets to be the capatilized for balance sheet pupose = 550000

Solution: 2
the annual depreciation expense of year 20 x 3 under straight line depreciation = 50000

Solution: 3
the annaul depreciation expense for the year 20 x 4 under declining balance method = 94380