a) If KK uses the straight-line method of depreciation, what isthe depreciation

Question

a) If KK uses the straight-line method of depreciation, what isthe depreciation expense and book value at the end of2010?

b) If KK uses the double declining-balance method, how much isdepreciation expense in 2010?

c) If KK uses the units-of-production method when theyhave estimated the truck will be driven 500,000 miles over itslife, what is depreciation expense in 2010 when the truck isdriven 60,000 miles?

d) What amount would be capitalized as the acquisition cost ofthe truck on KK’s books?

e) What amounts connected to the truck's acquisition shouldbe expensed during 2009 other than depreciation for theyear?

Explanation / Answer

Im confuse the answers arent correct

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