This question asks what the accumulated depreciation is for a


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This question asks what the accumulated depreciation is for a building. This information is as follows: On the balance sheet for December 31,2016 the building is listed as an asset of 330,000. The building was purchased on January 1st,2014. It had a $30,000 salvage value and a 40-year useful-life, however, Pasquale only intended to use it for 30 years. Pasquale uses the straight-line method to depreciate all assets. I know the equation for straight-line depreciation, but I cannot figure out what the original cost is mm4057
posted a question · Feb 08, 2016 at 11:15am

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