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I need it to be shown in the format in the pictures. E9-20 Requirements 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book
I need it to be shown in the format in the pictures. E9-20 Requirements 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods. Show your computations. Note: Three depreciation schedules must be prepared. 2. Which method tracks the wear and tear on the equipment most closely? olution: Requirement 1 Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Depreciation Depreciation Accumulated Cost Cost Rate Expense Depreciation Book Value Date Depreciation per unit FINANCIAL AND MANAGERIAL ACUUUU Units-of-Production Depreciation Schedule Depreciation for the Year Asset Depreciation Number Depreciation Accumulated Cost per Unit of Units Expense Depreciation Book Value Date Double-Declining-Balance Depreciation Schedule Depreciation for the Year Book DDB Depreciation Accumulated Value Rate Expense Depreciation Asset Cost Book Value Date Requirement 2
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