Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 EOC # 5 CCA Question Page 1 EOC # 5 - CCA Excel ( 1 5 marks ) Create an Excel tab for Capital

1
EOC #5 CCA Question Page 1
EOC #5- CCA Excel (15 marks)
Create an Excel tab for Capital Assets or CCA adapted from T2125. Include the separate charts for
Acquisition of Assets for 2023 and add in the Personal/Business calculation part and the
Depreciation Worksheet. Ensure it is done with formulae and you did not just type in the numbers.
(10 marks)
Note: Please use the adapted T2125 format found in Week 7 where we discussed assets and capital
cost allowance. There is also an example in the Week 11 slide deck.
This Year - Insert the following factors to calculate the capital cost allowance (CCA). UCC at the start
of the year =0 for both items.
a) Buy Dishes on August 19th , for $145,000
Personal Usage is 0%
Class 8 and Class rate is 100%
b) Purchase computer hardware January 10th , for $22,500
Personal Usage is 25%
Class 50 and Class rate is 55%
Overall Formatting for the Excel Worksheet (5 marks)
* One mark off for each spelling mistake
* The tab will be formatted to fit on one page in Landscape mode. Position it for easy readability.
* Custom Footer will be set up with: Your Name / Tab Name / Page # of Pages (use field codes for
the last 2)
* Please shade each cell that can be changed by the user. (Make sure the numbers are easily
readable)
* No Hard Coding that will hinder the correct recalculation of the sheet with new factors
* When saving the file, ensure you have it saved in Normal View plus, it opens at the top left corner
(A1 cell) of the sheet, so it presents nicely when the file is opened.
* Rename the tab to something appropriate.
* You are aiming to create a professional looking workbook. If in doubt, read the Overall Notes of
the Chocolate Shop Case.
* See the adapted T2125 examples in the slide decks for weeks 7 and 11.
Total: /15

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Futures And Options Markets

Authors: Jonn C. Hull

8th International Edition

0133382850, 9780133382853

More Books

Students also viewed these Finance questions