arslanshakir
New member
- Joined
- Sep 21, 2016
- Messages
- 4
Hi guys I am a student and I am facing a problem in preparing cash flow table with reducing balance method I am sending you the detail please tell me what I have to do with this and if possible then please provide me depreciation calculation.
Cost of Equipment 45,800
The estimated service life of the equipment is six year. The salvage values at the end of life is zero, using the reducing balancemethod at 30% per annum.
note:
Under the current rental agreement, there is an option to extend the lease at the endof Year 5 for another 10 years at a higher rental payment of $12,000 per year and payment in advance.
please solve this as soon as possible I will be very thankful to you.
Cost of Equipment 45,800
The estimated service life of the equipment is six year. The salvage values at the end of life is zero, using the reducing balancemethod at 30% per annum.
note:
Under the current rental agreement, there is an option to extend the lease at the endof Year 5 for another 10 years at a higher rental payment of $12,000 per year and payment in advance.
please solve this as soon as possible I will be very thankful to you.