Laite on Demand purchased a coffee drink machine on January 1, 2016. for $44.000 Expected seis 10 years or 100.000 drinks in 2016, 3000 drinks were sold, and in 2017. 14.000 drinks were sold Residual value $4.000 Read the Requirement Determine the depreciation expense for 2016 and 2017 using the following methode (Straine (SL) Units of production (UO) and (c) Double decisible (0) For each withod (starting with the straight line method select the appropriate formule needed to compute anual depreciation and then determine depreciation expense under that method for 2016 and 2017 Round a depreciation expert amount to the nearest cant and other amounts to the nearest Wholedo Annual Depreciation Formula 2016 2017 UOP DO Requirement 2. Prepare a schedule that shows anual depreciation expense accumulated depreciation and book value for 2016 and 2017 using the three depreciation methods from Regulament 1 a. Begin with the straight method Review your comment Latte on Demand purchased a coffee drink machine on January 1, 2016 for $44.000 Expected se Weis 10 years or 100.000 drinks. In 2016, 3.000 drinks were sold, and in 2017. 14.000 drinks were sold Residual value is 54000 Read the requirements a. Straight line Annual Depreciation Accumulated Year Expense Depreciation Book Value 1.1.2016 12:31 2016 12-31-2017 b. Prepare a schedule for the units of production method Review your computations from Requirement1 Lam on Demand purchased a coffee drink machine on January 1, 2016. for $44.000 Expected selle is 10 years or 100.000 drinks in 2016, 3.000 drinks were sold and in 2017.12.000 drinks were sold Residual values 54000 Read the rements b. Units of production Annual Depreciation Ye Expense Accumulated Depreciation Book Value 12.01.2018 231-2017 c. Prepare a schedule for the double dining balance method computation Requirement Lan on Demand purchased a coffee drink machine on January 1, 2016 for $14.000 Expected ble is 10 years of 100,000 drinks. In 2016, 3.000 drinks were sold, and in 2017, 14.000 drinks were sold Residual value is 54000 Read the requirements c. Double declining balance Annual Depreciation Accumulated Expense Depreciation Book Value 1-1-2016 12-31 2018 12.31.2017 Requirement. Assume that came on Demand sold the equipment for $27.000 cash on J1.2018. Assume that management has deprecated the equipment by using the double declining balance method Record Latte on Demands depreciation for 2018 and the sale of the equipment on July 1, 2018 Records the credits Select the explanation on the last time of the journal entitate Begin by recording Lam on Demande depreciation for 2018 Date Accounts and Explanation Debat Crede Now record the sale of the equipment on July 1, 2018. Date Accounts and Explanation Debit Credit 2018 Juli 1 Choose from any list or enter any number in the input fields and then continue to the next question Laite on Demand purchased a coffee drink machine on January 1, 2016. for $44.000 Expected seis 10 years or 100.000 drinks in 2016, 3000 drinks were sold, and in 2017. 14.000 drinks were sold Residual value $4.000 Read the Requirement Determine the depreciation expense for 2016 and 2017 using the following methode (Straine (SL) Units of production (UO) and (c) Double decisible (0) For each withod (starting with the straight line method select the appropriate formule needed to compute anual depreciation and then determine depreciation expense under that method for 2016 and 2017 Round a depreciation expert amount to the nearest cant and other amounts to the nearest Wholedo Annual Depreciation Formula 2016 2017 UOP DO Requirement 2. Prepare a schedule that shows anual depreciation expense accumulated depreciation and book value for 2016 and 2017 using the three depreciation methods from Regulament 1 a. Begin with the straight method Review your comment Latte on Demand purchased a coffee drink machine on January 1, 2016 for $44.000 Expected se Weis 10 years or 100.000 drinks. In 2016, 3.000 drinks were sold, and in 2017. 14.000 drinks were sold Residual value is 54000 Read the requirements a. Straight line Annual Depreciation Accumulated Year Expense Depreciation Book Value 1.1.2016 12:31 2016 12-31-2017 b. Prepare a schedule for the units of production method Review your computations from Requirement1 Lam on Demand purchased a coffee drink machine on January 1, 2016. for $44.000 Expected selle is 10 years or 100.000 drinks in 2016, 3.000 drinks were sold and in 2017.12.000 drinks were sold Residual values 54000 Read the rements b. Units of production Annual Depreciation Ye Expense Accumulated Depreciation Book Value 12.01.2018 231-2017 c. Prepare a schedule for the double dining balance method computation Requirement Lan on Demand purchased a coffee drink machine on January 1, 2016 for $14.000 Expected ble is 10 years of 100,000 drinks. In 2016, 3.000 drinks were sold, and in 2017, 14.000 drinks were sold Residual value is 54000 Read the requirements c. Double declining balance Annual Depreciation Accumulated Expense Depreciation Book Value 1-1-2016 12-31 2018 12.31.2017 Requirement. Assume that came on Demand sold the equipment for $27.000 cash on J1.2018. Assume that management has deprecated the equipment by using the double declining balance method Record Latte on Demands depreciation for 2018 and the sale of the equipment on July 1, 2018 Records the credits Select the explanation on the last time of the journal entitate Begin by recording Lam on Demande depreciation for 2018 Date Accounts and Explanation Debat Crede Now record the sale of the equipment on July 1, 2018. Date Accounts and Explanation Debit Credit 2018 Juli 1 Choose from any list or enter any number in the input fields and then continue to the next