Question

Help

Answer 1

Can someone tell me how to get the Depreciation Expense?

Answer 2

I've tried getting it by subtracting the 2 accumulated depreciations for each year but that was not the correct answer.

Answer 3

@phi

Answer 4

not sure, i would say it equals the accumulated depreciation since the amounts are negative it implies it is an expense

Answer 5

Don't you first adjust for the equipment sale (reduce 2011 by 35,622 cost and 18,800 depreciation)?

Answer 6

ummmm i do not know...

Answer 7

15,832
-15,832
35,622
-35,622
47,496
11,874
Those are all the answers I have tried but were incorrect.

Answer 8

If like I said, then 34,632

Answer 9

ok that's right. how'd you get that?

Answer 10

What I said above
154,362-35622 =118740 and
47,496-18,800 = 28696 and then subtract from 63,328 is 34,632.

Answer 11

wheres the 18,800 from?

Answer 12

From the note at the bottom of the page, cost 35,622 - 16,822 book = 18,800 dep'n

Answer 13

o ok thanks!

Answer 14

U r welcome.