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Determining the Method Used to Produce a Depreciation Visualization over the five year period. Required 1. Download the following Excel file: Charts 2. Calculate the
Determining the Method Used to Produce a Depreciation Visualization
over the five year period. Required 1. Download the following Excel file: Charts 2. Calculate the fixed asset's original cost if the residual value of the asset is $5,000. Original cost: $ 3. Match each of the charts with the depreciation method used: straight-line, sum-of-the-years'-digits, declining-balance, or units-of-production methods. Depreciation Method Chart 1: Chart 2: Chart 3 : Chart 4: DA12-1_Charts 4. Indicate which chart(s) can be prepared upon purchase of the fixed asset and which chart(s) can only be prepared over time. Chart(s) prepared upon purchase of fixed asset: Chart(s) can only be prepared over time
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