MC$\mathrm{.}16\mathrm{.}84.$ALGO

MC$\mathrm{.}16\mathrm{.}92.$ALGO

MC$.16\mathrm{.}68$

MC$\mathrm{.}16\mathrm{.}91.$ALGO

EX$.10\mathrm{.}222$

EX$.13\mathrm{.}178$

EX$.13\mathrm{.}189$

EX$.13\mathrm{.}212$

EX$\mathrm{.}14\mathrm{.}154$

EX$.14\mathrm{.}159$

Ex$.14\mathrm{.}164$

EX$.16\mathrm{.}218$

EX$.10\mathrm{.}242$

EX $13\mathrm{.}185$

On January $1,$ Golden Sales bought $$135,000$ in fixed assets associated with sales equipment. The residual value of these assets is estimat at $$10,000$ at the end of their $4-$year service life. Golden Sales managers want to evaluate the options of depreciation.

a$1.$ Compute the annual straight$-$line depreciation.

$

a$2.$ Journalize the sample depreciation entry to be recorded at the end of each of the $4$ years. If an amount box does not require an entry, leave it blank.

Dec. $31$

$$

b$.$ Prepare the journal entries for each year of the service life for these assets using the double$-$declining$-$balance method. If an amount bo does not require an entry, leave it blank.

Year $1,$ Dec. $31$

$$

$q,$

$$

Year $2,$ Dec. $31$

$$

: $$

$$

Year $3,$ Dec. $31$

$$

$$

Year $4,$ Dec. $31$

$$

$$