Problem 29-4
Depreciation - 2023 240,000
Multiply by SYD (10 x (10+1/2) 55
Total 13,200,000
Divided by remaining useful life 2021 to 2023 8
Depreciable amount 1,650,000
Add: Residual value 50,000
Acquisition cost 1,700,000
Problem 29-5
Straight line rate (100%/8 years) 12.5%
Double declining rate (12.5% x 2) 25%
Year Particular Depreciation Accumulated dep. Carrying amount
Acquisition cost 1,280,000
2023 1,280,000 x 25% 320,000 320,000 960,000
2024 960,000 x 25% 240,000 560,000 720,000
Carrying amount - 2023 960,000
Multiply by double declining rate 25%
Depreciation -2024 240,000
Problem 29-6
Straight line rate (100%/10 ) 10%
Double declining method (10% x 2) 20%
Year Particular Depreciation Accumulated dep. Carrying amount
Acquisition cost 5,000,000
2023 5,000,000 x 20% x 6/12 500,000 500,000 4,500,000
2024 4,500,000 x 20% 900,000 1,400,000 3,600,000
Carrying amount - 2023 4,500,000
Multiply by double declining rate 20%
Depreciation -2024 900,000
Problem 29-7
Straight line rate (100%/8) 12.5%
Double declining rate (12.5% x 2) 25%
Depreciation - 2024 900,000
Divided by double declining rate 25%
Carrying amount - 2023 3,600,000
Add: Depreciation - 2024 900,000
Residual value 300,000 1,200,000
Acquisition cost of the machine 4,800,000
