Store Fixtures owned by the business: original purchase price was $42,000, estimated useful life was 9 years, and estimated residual value was $3,500 at the end of the useful life. Depreciation is calculated on a monthly basis using the straight line method. The monthly depreciation charge is calculated as the yearly depreciation expense divided by the number of months in a year...
whats the final answer if i need to round off to the nearest dollar?is it 356 or 357?so confused =.=
whats the final answer if i need to round off to the nearest dollar?is it 356 or 357?so confused =.=