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Cotton House, Inc. opened an office in Cottage Grave, Minnesota Celice House Incurred the following costs in acquiring land, making and improvements and constructing and
Cotton House, Inc. opened an office in Cottage Grave, Minnesota Celice House Incurred the following costs in acquiring land, making and improvements and constructing and furnishing the new sacs bulding (Click the icon to view the financial data The company depreciates bulding over EU years, and improvement over 20 years, and tuture over 12 years, al cn a straight line basiswth residual values of zero. Read the requirements. Requirement 1. Idently the proper asccunt Land, Land Improvements Sales Building, Garece Luicing, or Furniture for each of the posts isted the problem. Calculate the toalcos of each asset. Stari with items a through i, next.cmner tems through and lastly calculate the sols for each asset category. (Han input ned is not used in the table leave the held empty co not enter a zero. Round percentages to two places when calculating proportions xx.xx), and use your computed percentages houghout Round your frel answers to the neared to dolar Land Sales Building Garage Building Item Land Improvements Furniture Land Improvements Sales Building Garage Bullding Hem Land Furniture 1 I. m. n. Totals Requirement 2. All construction was cumple and the souls were placed in service on April 2. Record depreciation for the year anded December 31. Round the nearest dolar. Record debit first, the creditu. Exclude explanations from journal entries. Do not round irremediary calculations Only round the amount you inain the call the nearest clar. Cotton House, Inc. opened an office in Cottage Grave, Minnesota Celice House Incurred the following costs in acquiring land, making and improvements and constructing and furnishing the new sacs bulding (Click the icon to view the financial data The company depreciates bulding over EU years, and improvement over 20 years, and tuture over 12 years, al cn a straight line basiswth residual values of zero. Read the requirements. Requirement 1. Idently the proper asccunt Land, Land Improvements Sales Building, Garece Luicing, or Furniture for each of the posts isted the problem. Calculate the toalcos of each asset. Stari with items a through i, next.cmner tems through and lastly calculate the sols for each asset category. (Han input ned is not used in the table leave the held empty co not enter a zero. Round percentages to two places when calculating proportions xx.xx), and use your computed percentages houghout Round your frel answers to the neared to dolar Land Sales Building Garage Building Item Land Improvements Furniture Land Improvements Sales Building Garage Bullding Hem Land Furniture 1 I. m. n. Totals Requirement 2. All construction was cumple and the souls were placed in service on April 2. Record depreciation for the year anded December 31. Round the nearest dolar. Record debit first, the creditu. Exclude explanations from journal entries. Do not round irremediary calculations Only round the amount you inain the call the nearest clar
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