Chapter 4 Case Problem 2: Wine Depot

You are to create Wine Depot's fixed asset depreciation summary and individual depreciation worksheets using the straight-line depreciation method and based on the information in the preceding table. Be sure to pay close attention to the date of purchase for each asset so that your summary sheet is correct. The summary sheet need only include depreciation from 2015 to 2018. Individual assets must show depreciation over their entire useful life. Follow the text examples for formatting. Label your worksheets as follows: SUmmary SL, Asset 101 SL, Asset 102 SL, and Asset 103 SL. In the same workbook, create Wine Depot's fixed asset depreciation summary and individual depreciation worksheets using the double declining balance method and based on the same tabulated information. Again, pay close attention to the date of purchase for each asset so that your summary sheet is correct. Label you worksheets: Summary DDB, Asset 101 DDB, Asset 102 DDB, and Asset 103 DDB. In the same workbook, next create Wine Depot's fixed asset depreciation summary and individual depreciation worksheets using the sum-of-the-year's digits method and based on the tabulated information. Be sure to pay close attention to the date of purchase for each asset so that your summary sheet is correct. Label your worksheets: Summary SYD, Asset 101 SYD, Asset 102 SYD, and Asset 103 SYD. In the same workbook, you should now create a chart of asset 103's depreciation (over its 15-year estimated useful life) that compares the straight-line, double declining balance, and sum-of-the-year's digits methods of calculating depreciation. Label this worksheet: Chart. Choose and 2D line chart and chart layout that you like. Save the workbook as ch4-04_student_name (replacing student_name with your name). Print all worksheets in Value view, with your name and date printed in the lower left footer and file name in the lower right footer.

ion. Label layout that you like. be this worksheet: Chart. Choose any 2D line chart and chart your name). printed in the lower left e workbook as ch4-03_student name (replacing student name with e)Print all worksheets in Value view, with your name and date footer and the file name in the lower right footer. Chapter 4 Case Problem 2: WINE DEPOT The Wine Depot owned the following fixed assets as of December 31, 201:8: Description Asset # Asset Date acquired Cost Salvage value Estimated useful life 101 Equipment 102 Truck 103 Portable $689,115 $15,000 5 years $150,000 $8,000 10 years $198,412 $23,000 15 years You are to create Wine Depot's fixed asset depreciation summary and indi- vidual depreciation worksheets using the straight-line depreciation method and based on the information in the preceding table. Be sure to pay close attention to the date of purchase for each asset so that your summary sheet is correct. The summary sheet need only include depreciation from 2015 through 2018. Individual assets must show depreciation over their entire useful life. Follow the Depreciation text examples for formatting. wo Asset 101 SL, Asset 102 SL, and Asset 103 SL g. Label your worksheets as follows: Summary SL In the same workbook, create Wine Depot's fixed asset depreciation sum- mary and individual depreciation worksheets using the double declining balance method and based on the same tabulated information. Again, pay close attention to the date of purchase for each asset so that your summary sheet is correct. Label your worksheets: Summary DDB, Asset 101 DDB, Asset 102 DDB, and Asset 103 DDB. In the same workbook, next create Wine Depot's fixed asset depreciation summary and individual depreciation worksheets using the sum-of-the-year's digits method and based on the tabulated information. Be sure to pay close attention to the date of purchase for each asset so that your summary sheet is orrect. Label your worksheets: Summary SYD, Asset 101 SYD, Asset 102 SYD, and Asset 103 SYD. In the same workbook, you should now create a chart of Asset 103's depreci- ation (over its 15-year estimated useful life) that compares the straight-line, dou- ble declining balance, and sum-of-the-year's digits methods of calculating depreciation. Label this worksheet: Chart. Choose any 2D line chart and chart Save the workbook as ch4-04_student_name (replacing student name with your name). Print all worksheets in Value view, with your name and date layout that you like. printed in the lower left footer and the file name in the lower right footer