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depreciation expense, book value, for office equipment and computer equipment. then total asset turnover. X M Question 2 - General Ledger k X + D.mheducation.com/ext/map/index.html?_con=con&external_browser=O&launchUrl=https%253A%252F%252Flms.mheduca...
depreciation expense, book value, for office equipment and computer equipment. then total asset turnover.
X M Question 2 - General Ledger k X + D.mheducation.com/ext/map/index.html?_con=con&external_browser=O&launchUrl=https%253A%252F%252Flms.mheduca... I' in 2022. Compute Assignment #3 @ Saved Help Save & Exit Selected ledger account balances for Business Solutions follow. Office equipment Accumulated depreciationOffice equipment Computer equipment Accumulated depreciationcomputer equipment Total revenue Total assets Required: For Three Months Ended December 31, 2021 $ 7,700 385 30,000 1,875 32,284 83,46 For Three Months Ended March 31 , 2022 $ 7,700 770 30,000 3,750 45 , 900 12 0 , 668 leAssume that Business Solutions does not acquire additional office equipment or computer equipment in 2022 Compute amounts for the year ended December 31, 2022, for Depreciation expenseOffice equipment and for Depreciation expense Computer equipment (assume use of the straight-line method). 2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2022? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2022. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3
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