Chapter 10:Depreciation

Flavored Barbeque Company purchases $(a) ____________ of grilled equipment on July 1, 2020. The equipment is expected to last five years and be worth $(b) ____________ at the end of that time.

Provide the journal entry for ONLY one of the depreciation items:

Debit:

Credit:

SHOW YOUR WORK:

Show the computation for depreciation taken each year: (conduct

theodd or evennumbers):ONLY compute 4of the below list.

Number;Item #a;Item #bStraight-Line

Depreciation Amount

#1$38,000;$5,600$

#2$26,000;$3,200$

#3$31,000;$4,200$

#4$23,000;$3,300$

#5$22,000;$2,400$

#6$39,000;$5,800$

#7$36,000;$5,200$

#8$24,000;$2,800$

Chapter 11:Payroll

Other than Federal Income Taxes, State & Local Income Taxes and FICA Taxes, list at least 8 (eight) other deductions that may be taken out of your Gross Paycheck:

1.____________________________

2.____________________________

3.____________________________

4.____________________________

5.____________________________

6.____________________________

7.____________________________

8.____________________________