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Morgana Film Productions Inc. purchased a copier on Jan 1 , 2 0 2 2 for $ 1 3 , 7 0 0 with a
Morgana Film Productions Inc. purchased a copier on Jan for $ with a residual value of $
Useful life is years or copies Points
Copies produced in : copies; in : copies
If you find yourself getting stuck trying to complete this problem here is a link to a video of me solving a very similar
problem. Ignore any part that refers to My Open Math as these problems are now being done in these Excel
spreadsheets.
Requirement: Using the Straight-Line Method, calculate:
a The Depreciation Expense in &
Depreciation Expense for
Depreciation Expense for
b Accumulated Depreciation at the end of
Accumulated Depreciation at the end of
c Book Value at the end of :
Book Value at the end of
This Excel Worksheet was created by Amy Bohrer, CPA and is licensed under a Creative Commons Attribution International License.
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