BUSI 1003 Lecture Notes - Lecture 1: Retained Earnings
Document Summary
1st year depreciation: 30% x ,000 = 72,000. 2nd year depreciation: 30% x (240,000 72,000) = ,400. 1st year depreciation: 20% x ,000 = 42,000. 2nd year depreciation: 20% x (210,000 42,000) = ,600. Oct 1 to dec 31 (3 months ) = 30% x 42,000 x 3/12 = ,150. 1st year depreciation: 30% x ,000 = 57,000. 2nd year depreciation: 30% x (190,000 57,000) = ,900. 3rd year depreciation: 30% x (,000 57,000 39,900) = ,930. 4th year depreciation: 30% x (,000 57,000 39,900 - 27,930) = ,551. 1st year depreciation: 30% x ,200 = 4,860. 2nd year depreciation: 30% x ( 16,200 - 4,860) = 3,402. 3rd year depreciation: 30% x ( 16,200 - 4,860 - 3,402) = 2,318. 4th year depreciation: 30% x ( 16,200 - 4,860 - 3,402 - 2,318 ) = 1,667. 2nd year depreciation: 30% x ( 140,000 42,000) = 29,400. 3rd year depreciation: 30% x ( 140,000 42,000 - 29,400 ) = 20,580.
