Crackling Fried Chicken bought equipment on January for $ The equipment was expected to remain in service for four years and to operate for hours. At the end of the equipment's useful life, Crackling estimates that its residual value will be $ The equipment operated for hours the first year, hours the second year, hours the third year, and hours the fourth year
Read the requirements.
tableDateCost,,Yer Unit,,units,,,nse,,clation,Value$Stss$
Prepare a depreciation schedule using the doubledecliningbalance DDB method. Enter a for any items with a zero value.
DoubleDecliningBalance Depreciation Schedule
tableDatetableAssetCostDepreciation for the Year,
tableAccumulatedDepreciationtableBookValuetableBookValuetableDDBRatetableDepreciationExpenses$table