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At December 31, 2019, Dynamic Exploration's balance sheet showed to PPE assets of $933400 and total accumulated depreciation of $401177 as detailed in the PPE
At December 31, 2019, Dynamic Exploration's balance sheet showed to PPE assets of $933400 and total accumulated depreciation of $401177 as detailed in the PPE Subledger below. Dynamic calculates depreciation to the nearest whole month Costinformation Description Banding Modalar TERLE Track Depeelt Method 3/ S/L DS Date Pune May 2, 2014 May 2011 Jan 25, 2017 Da bio IDEA Dermed 2019 $259,67 98.600 50,450 car Reid $740,000 $295, ODO 100, 100 0 09.00 14,500 Life 10 E cY YE. 1 SAL-Straight Line, DDB Double-Declining Balance 2 There have been no disposals x subsequent capital expenditures since the date of purchase Assume that the only other assets at December 31 2019, were total current assets of $347000. Prepare the asset section of Dynamic Exploration's classified balance sheet at December 31, 2019. DYNAMIC EXPLORATION Partial Balance Sheet December 31, 2013 Assets Current Property, plant and equipment Furniture Les Accumulated depreciation Building Less: Aumulated depreciation Les Alated depreciation Total property, plant and equipment 5 5 Tags
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