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ACTG 1B-Nava-Sp19 evelyn sanchez &IS/3/19 11:17 AM Time Remalning: 01:5833 Submit Tes This Test: 100 pts possible Test: M1 (Ch 10-12v1) GRADED This Question: 14

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ACTG 1B-Nava-Sp19 evelyn sanchez &IS/3/19 11:17 AM Time Remalning: 01:5833 Submit Tes This Test: 100 pts possible Test: M1 (Ch 10-12v1) GRADED This Question: 14 pts 4 of 20 (0 complete) Y Mister Mach ato purtased a ofoe drk machine on January 1, 2018, for S72,000 Expected aehife is 10 years or 00,000 dnkin 2018, 6000 dr ks wee sol, andin 2019, 17,00 diks-en sold Reed value is $2,000 Read the requirements Requirement 1, Detrne t e depre iton expense for 2018 rnd 2019 usng te folo ing Ca) sraig wine (SL b) Units of podu ton (OPard fc) Do tiede hVbain n men For oach mebod (saring wit (a)twseaightine meted), "agpropratn formula needed to compute annual depre ation and then determine depreciation "gene uder mated fr 2018 and 2019 Round any depreciation expense per unit amounts to the nearest cent and all other amounts to the nearest whole dolar.) Annual Depreciation Formula 2018 SL DDB Requirement 2. Prepare a schedule that shows annual depreciation expense, acoumdated depreciation, and book value for 2018 and 2019 using the three depreciation methods from Requrement a. Begin wlth the straight-line method Annual Depreciation Expense Book Valu 1-2018 Choose from any list or enter any number in the input Selds and then continue to the next question MacBook Pro ACTG 1B- Nava-Sp19 evelyn sanchez i 5/3/19 1 1:18 AM Test: M1 (Ch 10-12v1) - GRADED Time Remaining: 01:57:59 Submt Tes This Question: 14 pts 4 of 20 (0 complete) This Test: 100 pts possible oh Mister Machiato purchased a coffee drink machine on January 1, 2018, for $72.000. Expected usehul ife is 10 years or 50.000 drinks. In 2018, 6,000 drinks were sold, and in 201, 17,000 drinks were soled Rosidus value is $2,000 Read Review your computations from Requirement 1 Book Valu 12-31-2018 12-31-2019 your computations from Review y Book Valu Expenso 31-2019 Choose from any list or enter any number in the input fieids and then continue to the next question MacBook Pro 4 3 2 0 ACTG 1B-Nava - Sp159 evelyn sanchez &1 /3/19 11:18 AM Test: M1 (Ch 10-12v1) - GRADED This Question: 14 pts Time Remaining: 01:57 41 Submt Test 4of20complete) This Test: 100 pts possibie Mister Macchiato purchaseda ofle drink machine on January 1,2018, for $72,000. Expected uselul lile is 10 years or 50,000 drirks In 2018, 6,000 drik wone sold, and in 20-18, 17,000 drirk were sol Re value is $2,000 e. Prepare a schedule for the Review your Annual Depreclationa Depreciation look Value 1-1-2018 2-31-2019 Requirement 3. Assume that Mistor Macchiato sold the equipment for $47,000 cash on July 1,2020. Assume that management has dapreciated the Bagin by recording Mister Macchiato's depreciation for 2020 Ghoose from any ist or enter any number in the input fields and then continue to the next question MacBook Pro 0 4 3 2 ACTG 1B-Nava - Sp19 Test This Question: 14 pts evelyn sanchez 5a/19 11:18 AM 1 : M1 (Ch 10-12v1)- GRADED Time Remaining: 01:5727 trit Tast 44 of 20 (0 complecel This Test: 100 pts possible oh Mister Macchiato purchased a ooffee drink machine on January 1, 2018, for $72,000. Expected uneful life is 10 years or 50,000 value is $2,000 n 2018,8,000 drinks wersold,and in 2019, 17,000 drinks wne sold Residl drinks . Assume that Mister Macchiato sold the equipment for $47,000 cash on July 1,2020. Assume th thalt managemant has depreciated the equipment by using the detblis first, then credits. Select the explanation on the last line of the joumal entry table Mister Macchiato's depreciation for 2000 and the sale of the equipment on July Begin by recording Mister Macchiato's depreciation for 20 Debit 2020 Jd. 1 Now recond the sale of the equipment on July 1, 2020 a Explanalion Accounts and Choose from any list or enter any number in the input fields and then continue to the next question MacBook Pro 9 8 4 3 2

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