Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please help me with what formulas to type in on excel and not just the answers please and thank you Sullivan Ranch Corporation has purchased
Please help me with what formulas to type in on excel and not just the answers please and thank you Sullivan Ranch Corporation has purchased a new tractor. The following information is given: $ 150.000 $ 10,000 4 1200 Cost: Estimated Residual: Estimated Life in years: Estimated Life in hours: Actual Hours: Year 1 Year 2 Year 3 Year 4 360 270 350 220 Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. Year SULLIVAN RANCH CORPORATION Depreciation Schedule Straight Line Method End of year amounts Depreciation Accumulated Expense Depreciation Book Value $ 35,000 $ 35.000 $ 115.000 $ 35,000 $ 70,000 $ 35,000 105,000 2 3 Sheet1 Prepare the following Units-of-Production depreciation schedule by entering formulas. Use absolute cell references when appropriate. SULLIVAN RANCH CORPORATION Depreciation Schedule-Units-of-Production Method End of year amounts Year Depreciation Accumulated Book Value Expense Depreciation 1 2 3 4 Total Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (Ex) to calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-Declining-Balance Method End of year amounts Year Depreciation Accumulated Book Value Expense Depreciation
Please help me with what formulas to type in on excel and not just the answers please and thank you
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started