Question
Depreciation Schedule for year 2022 Account Number Description Date Placed in Service Estimated Useful Life Acquisition Cost Salvage Value Beginning Accumulated Depreciation Current Period Depreciation
Depreciation Schedule for year 2022 Account Number Description Date Placed in Service Estimated Useful Life Acquisition Cost Salvage Value Beginning Accumulated Depreciation Current Period Depreciation Ending Accumulated Depreciation Net Book Value 11050 Chair 2/12/2014 1,000.00 100.00 11001 Desk 10/8/2015 2,000.00 280.00 11001 Desk 6/5/2017 650.00 150.00 11300 Monitor 2/24/2018 900.00 100.00 11001 Desk 4/8/2018 1,100.00 300.00 11500 Software 7/5/2018 900.00 - 11300 Monitor 7/30/2018 1,200.00 200.00 11050 Chair 6/23/2019 1,300.00 100.00 11300 Monitor 11/15/2019 800.00 80.00 11500 Software 1/30/2020 1,000.00 - 11100 Laptop 5/12/2020 2,000.00 500.00 11200 Workstation 3/15/2021 5,000.00 600.00 11500 Software 6/1/2021 2,100.00 - Cross-footing test -----> Depreciation by Asset Type: Asset Name Estimated Useful Life Net Book Value Desk 10.00 Laptop 5.00 Workstation 8.00 Chair 6.00 Software 3.00 Monitor 4.00
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started