Depreciation (to be computed) by slm method, Cost Accounting

sabonis consmetics co. purchased machinery on december 31,2011, paying $50,000 down and agreeing to pay the balance in four equal installments of $40,000 payable each dec 31. an assumed interest of 8% is implicit in the purchase price.
A) dec 31,21011
B)dec 31,2012
c)dec 31,2013
d)dec31,2014
e)dec 31,2015

Posted Date: 2/19/2014 12:34:32 AM | Location : United States







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