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Exercise #2 A Power generator was purchased at 62,000- on April 1st 2020. Its Useful life is 5 years and its salvage value is 2,000-. It is destined to produce 30,000-hours of electricity. During the 5 years, its production units was as follows: 2020 : 4,000 hours 2021: 7,000 hours 2022; 8,000 hours 2023: 6,700hours 2024 : 4,300 hours Question : Prepare a schedule for Depreciation to this generator using the Unit Production Method. Exercise # 3 -A, B,and Care partners in a partnership with a total equity of 300,000-$. A's Cap is 112,000 B's cap 89,000 and C's cap is 99,000 Their Income ratio is respectively 4:3:3 Dis admitted to the Partnership investing 100,000- and getting 20% of the partnership. Journalize the entry of D in the partnership Exercise #4 A and B are partners. A's cap is 83,000 and B's cap is 35,000. Income ratio is 4:1. They decide to liquidate their partnership. On December 31st 2020, figures were as follows: Cash 48,000- Equipment 240,000- Accumulated depreciation (Equipment) 130,000- Account payable 18,000- Note payable : 22,000- II Non cash Assets were sold at 125,000-in Cash. Question : Prepare the entries on December 31st 2020 to record the liquidation of the company Exercise #5 -ABC Company sells Home appliances both in Cash and in credit. On December 31st 2020, when preparing its financial statements, it notices the following. Total sales in 2020 345,000- of which 80% on Credit. ABC considers it will occur 5% warrantee expenses. Questions: a-Prepare the entry to estimate warrantee liabilities based on my 2020 sales. b-In fact 3% of sales were returned and required repair costing 8,280- paid in cash Journalize the transaction. c-What is the balance of Estimated warrantee liabilities now? The cost of repairs was 5,678-paid in cash