Homework: Chapter 3 Homework Score: 0 of 1 pt 6 of 20 (5 completo) HW Score: 12.14%, 2. S3-8 (book/static) Question On October 1, Orlando Gold Exchange paid cash of $57,600 for computers that are expected to remain useful for three years. At the end of three years, the value of the computers is expected to be zero, Read the requirements Requirement 1. Calculate the amount of depreciation for the month of October using the straight-line depreciation method Begin by selecting the labels, than enter the amounts and compute the amount of depreciation for the month of October (Abbreviation used Acc. Depreciation Accumulated Depreciation Enter a "O" for any balances) Acc. Depreciation 12 months - Straight-ine depreciation Acc. Depreciation Contra Asset Cost Residual Value Useful Life cu 10 completo HW Score: 12.14%, 2.43 of 20 pts E3-22 (book/static) Question Help Consider the following independent situations at December 31 Click the icon to view the situations.) Joumalize the adjusting entry needed on December 31 for each shution Use the wors to be the jour (Records first, the credits Select the explanation on the last line of the joumanity) a. On October 1, a business colected $3,000 rent in advance, debiting Cash and crediting Uneared Revenue. The eart was paying one year's rent in advance. At December 31, the business must account for amount of rent has earned Date Accounts and Explanation Debat Credit (a) Dec 31 0 More Info a On October 1, a business collected $3.000 rent in advano, dobiling Cash and crediting Uneared Revenue. The trant was paying one year's rent in advance on December 31, the business must account for the amount of rent has eamed b. Salaries expense is $1800 per day Monday through Friday and the business pays employees each Friday. This year December 31 fals on a Thursday e. The adjusted balance of the Ofice Supplies account is $3.000. Offices on hand to $1,900 d. Equipment depreciation was $500 .. On April 1, when the business prepaid $4.320 for a two-year insurance policy the business debited Prepaid Insurance and credited as Choose from any list or enter any number in the input fields Print Done parts remaining Check Answer $ 5 8 7 9 W E R . Y U