Balance Sheet 2010 2009
Buildings $35,000 $35,000
Less: Accum. Depr. (16,500) 18,500 (15,00) 20,000
Equipment $28,350 $24,150
Less: Accum. Depr. (20,900) 7,450 (17,900) 6,250
- That is the section of the BS that I am most confused about. HELP ASAP.
- Which figures do I use to calculate increase in deprecation expense to be added back to net income?
- What about Equipment and Building? Which figures will I use to put into the Investing Activities?