Bar A . XD Finance Depreciation Schedules - Excel ? 6 x FILE HOME INSERT PAGE FORMULAS DATA REVIEW VIEW Sign In QE Norm Page Page Custo Ruler Formula Zoon100% Zoom Window Break Layo Views to Workbook Views Gridlines. Headings Zoom A1 fa Sullivan Ranch Corporation has purchased a new tractor. The followi B D E F 1 Sullivan Ranch Corporation has purchased a new tractor. The following information is given: 2 3 Cost: $ 150,000 4 Estimated Residual: $ 10,000 5 Estimated Life in years: 4 6 Estimated Life in hours: 1200 7 Actual Hours: 8 Year 1 360 9 Year 2 270 10 Year 3 11 Year 4 220 12 Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the 13 Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 14 350 15 16 17 18 SULLIVAN RANCH CORPORATION Depreciation Schedule-Straight Line Method End of year amounts Depreciation Accumulated Expense Depreciation 19 Year Book Value 1 20 21 2 3 22 Sheet1 + READY Attempt's +100% Hint X Sign In X 5 Finance Depreciation Schedules - Excel ? FILE HOME INSERT PAGE FORMULAS DATA REVIEW VIEW QE Q3 Formula Norm Page Page Custo Ruler Zoon100% Zoom Window Break Layoi Views Bar to Workbook Views Gridlines Headings Show Zoom A1 fx Sullivan Ranch Corporation has purchased a new tractor. The followi V F B D E Depreciation Accumulated 19 Year Book Value Expense Depreciation 20 1 21 2 22 3 23 4 24 Total 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 SULLIVAN RANCH CORPORATION 28 Depreciation Schedule-Units-of-Production Method 29 End of year amounts Depreciation Accumulated 30 Year Book Value Expense Depreciation 31 1 2 33 3 4 35 Total 32 34 36 Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (fx) to 37 calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 38 39 Sheet1 READY +100% Attempt(s) Hint ? FILE Finance Depreciation Schedules - Excel PAGE FORMULAS DATA REVIEW VIEW HOME INSERT Sign In Bar Norm Page Page Custo Ruler Formula Zoon100%Zoom Window Break Layo Views to Workbook Views Gridlines Headings Zoom A1 Sullivan Ranch Corporation has purchased a new tractor. The followi X fx B D E F Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (fx) to 37 calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 38 39 40 41 42 43 SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-Declining-Balance Method End of year an Depreciation Accumulated Year Book Value Expense Depreciation 1 2 3 4 Total 44 45 46 47 48 49 50 51 52 Sheet1 a HE +100% READY Attempt(s) Hint
