On August 1, Hampton Gold Exchange paid cash of $21.600 for computers that are expected to remains for the years. At the end of three years, the value of the comised to 20 Read the Requirement 1. Calculate the amount of depreciation for the month of August using the straight-line depreciation method Begin by selecting the label than enter the amounts and compute the amount of depreciation for the month of August. (Abbreviation Act Depreciation Accumulated Depreciation for any 2000 bal) 12 months - Straight line depreciation 12 months Requirement 2. Record the adjusting entry for depreciation on August 31. Record dehis first, then credits Select the explanation on the listine of the jumal entry titin) Date Accounts and Explanation Debit Credit Aug 31 Baru Put the namin A Time for the folder want write Choose from any list or enter any number in the input fields and then continue to the next question THIS QUE SE On August , Hampton Gold Exchange paid cash of $21.600 for computers that are expected to remain tela for three years eve end of three years, the value of the compus expected to be Read the com Requirement. Post the purchase of August 1 and the depreciation on August 31 to T-accounts for the following accounts Computer Equipment, Accumulated Depreciation Computer Egmont, and Direction Expense-Computer Equipment Show the balance August 31. (Un does as posting forences to post the reactions a la posting reference to show the endre bance of each account Computer Equipment Accumulated Depreciation Computer Equipment Depreciation Expense-Computer Equipment Requirement 4. Colouate the computer equipment's book value of August 31 Choose from any intor enter any number in the reput fields and then continue to the next question Depreciation Expense-Computer Equipment Requirement 4. Calculate the computer equipment's book value at August 31. Book value of plant assets: Less: Book value of computer equipment Choose from any list or enter any number in the input fields and then continue to the next