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heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a ouTube Maps blackboard MyLab & Masterin... Class BUS108 Win... Online Sports Bett... G Groups of small in.. V Used Golf Clubs, ab G Saved
heducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a ouTube Maps blackboard MyLab & Masterin... Class BUS108 Win... Online Sports Bett... G Groups of small in.. V Used Golf Clubs, ab G Saved Hels Problem 9-7A Calculating depreciation LO2 Use the following table: 760,000 Big Sky Farms Partial Balance Sheet April 30, 2020 Property, plant and equipment: Land Building? Less: Accumulated depreciation Equipment Less: Accumulated depreciation Total property, plant and equipment 350,000 $900,000 550,000 600,000 254,400 345,600 $1,455,600 The building was purchased on May 3, 2009, and is depreciated to the nearest whole month using the straight-line method. Depreciation is based on a 18-year life, after which it will be demolished and replaced with a new one. 2The equipment was purchased on November 3, 2017, and is depreciated to the nearest whole month using the double-declining- balance method. The total estimated useful life is 10 years with a residual value of $250,000. Required: 1. Calculate and record depreciation for the year just ended April 30, 2021, for both the building and equipment View transaction list Journal entry worksheet 9 Lab G Saved 1. Calculate and record depreciation for the year just ended April 30, 2021, for both the building and equipment. 3 View transaction list Journal entry worksheet 1 2 > Record the depreciation for the building, for the year ended April 30, 2021. ces Note: Enter debits before credits. Date General Journal Debit Credit Apr. 30, 2021 Record entry Clear entry View general journal 3. Record entry Clear entry View general journal ek Et 2. Prepare the property, plant, and equipment section of the balance sheet at April 30, 2021. (Enter all amounts as positive values.) BIG SKY FARMS Partial Balance Sheet April 30, 2021 Property, plant and equipment: Land Building Equipment Total property, plant and equipment
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