Revised annual depreciation, accounting homework help

On January 1, 2010, the Thompson Beer Corporation purchased equipment at a cost of $140,000.

It was expected to have a useful life of eight years and no salvage value. The straight-line depreciation method was used. In January 2012, the estimate of salvage value was revised for

How much depreciation should Thompson Beer Corporation record for 2012?


Divided by



Revised annual depreciation

Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code "Newclient" for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.