9.09 porns Book Prive [The following information applies to the questions displayed below] At the beginning of the year Buffalo Machinery bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 19,300 830 600 PA9-1 (Algo) Part 2 2. Compute year 2 straight line depreciation expense for Machine A, assuming an estimated life of 4 years and $1,000 residual value Year 2 straight-ane depreciation expense Part 3 of 7 9.09 DO 3. Prepare the journal entry to record year 2 straight-line depreciation expense for Machine A, assuming an estimated life of 4 years and $1,000 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the year 2 depreciation expense for Machine A. Note: Enter debts before credits Transaction General Journal Debit Credit 4 Part 4 of 7 9.09 PIN [The following information applies to the questions displayed below] At the beginning of the year, Buffalo Machinery bought three used machines. The machines immediately were overhauled. were installed, and started operating. Because the machines were different, each was recorded separately in the accounts Details for Machine A are provided below Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 19,300 830 690 570 PA9-1 (Algo) Part 4 4. Compute year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of $43,260, an estimated life of 30,000 hours, $4,500 residual value, and actual year 2 use of 8,000 hours. (Do not round intermediate calculations.) Year 2 units-of-production depreciation expense Check my work Part 5 of 7 9.09 pois Book Print 5. Prepare the journal entry to record year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of $43.260, an estimated life of 30,000 hours, $4.500 residual value, and actual year 2 use of 8,000 hours. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the year 2 depreciation expense for Machine B. Transaction General Journal Debit Credit 6 Part 6 of 7 9.09 pois eBook [The following information applies to the questions displayed below] At the beginning of the year, Buffalo Machinery bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below Cost of the asset Installation costs Renovation costs prior to use Repairs after production began PA9-1 (Algo) Part 6 6. Compute years 1 and 2 double-declining-balance depreciation expense for Machine C, which has a cost of $25,700, an estimated life of 10 years, and $1,400 residual value Year 1 Double-declining balance $9,300 8:30 690 570 Year 2 Check my work Part 7 of 7 9.09 points *Book 7. Prepare the journal entry to record year 2 double-declining balance depreciation expense for Machine C, which has a cost of $25.700, an estimated life of 10 years, and $1,400 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first View transaction list Journal entry worksheet Record the year 2 depreciation expense for Machine C. Note: Enter debits before credits Transaction General Journal Debit Credit 4 9.09 porns Book Prive [The following information applies to the questions displayed below] At the beginning of the year Buffalo Machinery bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below. Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 19,300 830 600 PA9-1 (Algo) Part 2 2. Compute year 2 straight line depreciation expense for Machine A, assuming an estimated life of 4 years and $1,000 residual value Year 2 straight-ane depreciation expense Part 3 of 7 9.09 DO 3. Prepare the journal entry to record year 2 straight-line depreciation expense for Machine A, assuming an estimated life of 4 years and $1,000 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the year 2 depreciation expense for Machine A. Note: Enter debts before credits Transaction General Journal Debit Credit 4 Part 4 of 7 9.09 PIN [The following information applies to the questions displayed below] At the beginning of the year, Buffalo Machinery bought three used machines. The machines immediately were overhauled. were installed, and started operating. Because the machines were different, each was recorded separately in the accounts Details for Machine A are provided below Cost of the asset Installation costs Renovation costs prior to use Repairs after production began 19,300 830 690 570 PA9-1 (Algo) Part 4 4. Compute year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of $43,260, an estimated life of 30,000 hours, $4,500 residual value, and actual year 2 use of 8,000 hours. (Do not round intermediate calculations.) Year 2 units-of-production depreciation expense Check my work Part 5 of 7 9.09 pois Book Print 5. Prepare the journal entry to record year 2 units-of-production depreciation expense for Machine B, assuming a capitalized cost of $43.260, an estimated life of 30,000 hours, $4.500 residual value, and actual year 2 use of 8,000 hours. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the year 2 depreciation expense for Machine B. Transaction General Journal Debit Credit 6 Part 6 of 7 9.09 pois eBook [The following information applies to the questions displayed below] At the beginning of the year, Buffalo Machinery bought three used machines. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts. Details for Machine A are provided below Cost of the asset Installation costs Renovation costs prior to use Repairs after production began PA9-1 (Algo) Part 6 6. Compute years 1 and 2 double-declining-balance depreciation expense for Machine C, which has a cost of $25,700, an estimated life of 10 years, and $1,400 residual value Year 1 Double-declining balance $9,300 8:30 690 570 Year 2 Check my work Part 7 of 7 9.09 points *Book 7. Prepare the journal entry to record year 2 double-declining balance depreciation expense for Machine C, which has a cost of $25.700, an estimated life of 10 years, and $1,400 residual value. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first View transaction list Journal entry worksheet Record the year 2 depreciation expense for Machine C. Note: Enter debits before credits Transaction General Journal Debit Credit 4