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QUESTION

week 4 topic 2 minimum of 200 words apa format

week 4 topic 2 minimum of 200 words apa format

Using the FASB Codification as a guide, a small computer manufacturing industry you are working for would like to make some adjustments to their straight line depreciation for its manufacturing equipment while in the process of obtaining a bank loan.  The company has determined the estimated life of the equipment to be 20 years and the estimated salvage value for this equipment to be higher than the original cost of the equipment. As a new accountant for this company, how would you resolve this situation. Be sure to cite your source, you can use ASC xxx-xx-xx-x. Do not forget to respond to the other topic this week.

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