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please make answers clear - preferably in a chart! :) needing answers for both straight line method and DDL method Amber and Zack Wilson are

image text in transcribed please make answers clear - preferably in a chart! :)
needing answers for both straight line method and DDL method
image text in transcribed
Amber and Zack Wilson are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have gathered the following information: (Click the icon to view the information) Read the requirements Requirement 2. For each asset, determine the book value on of December 31, 2018. Then, calculate the depreciation expense for the first six months of 2019 and the book value as of June 30, 2019 Begin by completing the table by entering the amounts for 2018 for the assets placed in service during 2018. In the following step we will complete the table for the first six months of 2019 for all assets placed in service prior to June 30, 2019. (Complete all answer boxes. Enter a "O" for any zero balances. Abbreviations used. Accum Accumulated: Depr. =Depreciation Exp = Expense.) Accum. Book 2018 Depr. Dec. 31 Acquisition Depr. Expense Value Dec. 31 2018 Asset Cost 2018 Canoes $ Land Building Canoes Computer Office Furniture Date Nov. 3, 2018 Dec. 1. 2018 Dec. 1. 2018 Dec 2, 2018 Mar 2, 2019 Mar 3, 2019 4,800 85.000 35,000 7,200 3,600 3,000 Enter any number in the edit fields and then click Check Answer Question -43 (book/static) Zack Wilson are continuing to review business practices. Currently, they are reviewing the company's property, plant, and equipment and have ormation: ne icon to view the information.) Fuirem Data Table mt 1. CI prora ciation Estimated Residual Value Asset Depreciation Method Cost Estimated Life Monthly Depreciation Expenso $ 100 Canoes $ 4,800 t 4 years $ SL 0 Land na Acquisition Date Nov. 3, 2018 Dec. 1. 2018 Dec. 1, 2018 Dec. 2, 2018 Mar. 2, 2019 Mar. 3, 2019 Building 85,000 35,000 7,200 5,000 SL ture 500 Canoes 0 SL 150 5 years 4 years 3 years 5 years at 2. F as of s of 20 300 DDB Computer Office Furniture 3,600 3,000 600 SL pleti of 2019 3 Dep table is user SL = Straight-line: DDB = Double-declining-berance Print Done ember in the edit fields and then click Check

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