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# \$1.00Accounting question

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 P10-2A
In recent years, Juresic Transportation purchased three used buses. Because of frequent turnover in the accounting department, a different accountant selected the depreciation method for each bus, and various methods were selected.
 Bus Acquired Cost SalvageValue Useful Lifein Years Depreciation Method 1 1/1/08 \$96,000 \$6,000 5 Straight-line 2 1/1/08 120,000 10,000 4 Declining-balance 3 1/1/09 80,000 8,000 5 Units-of-activity

For the declining-balance method, the company uses the double-declining rate. For the units-of activity method, total miles are expected to be 120,000. Actual miles of use in the first 3 years were: 2009, 24,000; 2010, 34,000; and 2011, 30,000.

Compute the amount of accumulated depreciation on each bus at December 31, 2010.
 Bus 1 \$ Bus 2 \$ Bus 3 \$
If bus no. 2 was purchased on April 1 instead of January 1, what is the depreciation expense for this bus in (1) 2008 and (2) 2009?
 2008 \$ 2009 \$

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BUS depreciation
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Depreciation of Bus 1-2-3 and expense 2008 and 2009 (P10-2A)
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