please help with these questions.
Save Homework: Homework Chapter 9 score: 0 of 10 pts 1 of 6 (3 complete) E9-18 (similar to) HW Score: 44.17%. 44.17 of 100 pts E Question Help Riverwood Properties bought three lots in a subdivision for a lump-sum price. An Independent appraiser valued the lots as follows: (Click the icon to view the values.) Riverwood paid $290,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. Round decimals to two places, and use the computed percentages throughout. (Record a single compound journal entry. Record debits first, then credits. Select the explanation on the last line of the joumal entry table.) Date Accounts and Explanation Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer Final Check Homework: Homework Chapter 9 Score: 0 of 10 pts 1 of 6 (3 complete) HWS E9-18 (similar to) Riverwood Properties bought three lots in a subdivision for a lump-sum price. An independent appraiser valued the lots as follow E (Click the icon to view the values.) Riverwood paid $290,000 in cash. Record the purchase in the journal, identifying each lot's cost in a separate Land account. R the computed percentages throughout. (Record a single compound journal entry. Record debits first, then credits. Select the ex entry table.) Date Accounts and 0 Data Table Appraised Value 164,500 282,000 23,500 GON Print Done Choose from any list or enter any number in the input fields and then click Check Answer Save Homework: Homework Chapter 9 icore: 0 of 10 pts 2 of 6 (3 complete) 19-20 (similar to) HW Score: 44.17%, 44.17 of 100 pts Question Help Granny's Fried Chicken bought equipment on January 2, 2018, for $27,000. The equipment was expected to remain in service for four years and to operate for 5,250 hours. At the end of the equipment's useful life, Granny's estimates that its residual value will be $6,000. The equipment operated for 525 hours the first year, 1,575 hours the second year, 2,100 hours the third year, and 1,050 hours the fourth year. Read the requirements Requirement 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods: straight-line, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared. Begin by preparing a depreciation schedule using the straight-line method. Accumulated Depreciation Book Value Straight-Line Depreciation Schedule Depreciation for the Year Asset Depreciable Useful Depreciation Date Cost Cost Life Expense 1-2-2018 12-31-2018 12-31-2019 12-31-2020 12-31-2021 Choose from any list or enter any number in the input fields and then click Check Answer 4 4 parts Check Answer Clear All mining mework Chapter 9 2 of 6 (3 complete) HW Score: pment on January 2, 2018, for $27,000. The equipment was expected to remain in service for four ye useful life, Granny's estimates that its residual value will be $6,000. The equipment operated for 525 the third year, and 1,050 hours the fourth year. e of depreciation expense, accumulated depreciation, and book value per year for the equipment unde tatian Alata. The descontos obedules m Ueli d i Requirements 10 1. Prepare a schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods: straight-line, units-of-production, and double-declining-balance. Show your computations. Note: Three depreciation schedules must be prepared. 2. Which method tracks the wear and tear on the equipment most closely? Print Done y number in the input fields and then click Check Answer. Clear All CH
