Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

purchase on Jan 1, 2012 for $13000 has an estimated residual value of $1000 useful life of 5 years or 100,000miles. sold on December 31,

image text in transcribedimage text in transcribed

purchase on Jan 1, 2012 for $13000 has an estimated residual value of $1000 useful life of 5 years or 100,000miles.

sold on December 31, 2012

Xgeupl | Arial Lt.| | ] EP | | i V rt. BE la al[ le leis||| a- d-%1,11.38 | . 44 ' , %, . C17 0d Depr Scheds Barb's Florists Solution with JE thru Diaposal and T accounts xx Watch all Video's provided. They are a demonstration of Joe's Delivery which is similar to this assianment. Verifv vour print format is Portrait half inch marains and one pace. Be sure to rename otal points Sstanai Depreclation Schedules Barb's Florists Name: Units Table Purcnasea new truck Jan 1, zu12 $13,000 $ 1,000 Expected salvage valu Estimated useful iMe in years Estimated useful life in miles 10 > ruck Prepore the Dcre ot Life ( 27 Year Book Vaue Purchase Cost Salvage Value 1st year # Months ate of Disposa Sales Price D. Post T Accounts: based on DD8 Depreciation Cash 34 35 Beginning >> Gair/Loss 4 Min > of the machine wes as follows:Ye 1: 12000, Yr 2: 18000 Vr 3i 21000 Yr 4: 14000 Yr 5: 60000 Prepore the Units of Act clation Schedule Truck Yeor Actual Mies oeprec Book Value Date of 42Purchase Depreciatm Rt % m Depreciation 4D Depr Schl's, JE's & Ts Sheet3+ 10E++Barb's+Florists+Yevideos++xx |Arial . 112.im El lle ^ . :- EP 4 #8 ' , % . , 'a4 C17 s Etra Credit Complete A, B, C,D 75 minutes C: Journalize Purchase and DOB Intre thru SL Depr 8 min 13.000 Valse Asset frt E Dispose Asset (Do8 Dpr) Dec 31, 2013 D. Post T Accounts based on DDB Depreciation Coat Value ear 2 Ist year Sheet3 Depr Schl's, JE's &Ts Xgeupl | Arial Lt.| | ] EP | | i V rt. BE la al[ le leis||| a- d-%1,11.38 | . 44 ' , %, . C17 0d Depr Scheds Barb's Florists Solution with JE thru Diaposal and T accounts xx Watch all Video's provided. They are a demonstration of Joe's Delivery which is similar to this assianment. Verifv vour print format is Portrait half inch marains and one pace. Be sure to rename otal points Sstanai Depreclation Schedules Barb's Florists Name: Units Table Purcnasea new truck Jan 1, zu12 $13,000 $ 1,000 Expected salvage valu Estimated useful iMe in years Estimated useful life in miles 10 > ruck Prepore the Dcre ot Life ( 27 Year Book Vaue Purchase Cost Salvage Value 1st year # Months ate of Disposa Sales Price D. Post T Accounts: based on DD8 Depreciation Cash 34 35 Beginning >> Gair/Loss 4 Min > of the machine wes as follows:Ye 1: 12000, Yr 2: 18000 Vr 3i 21000 Yr 4: 14000 Yr 5: 60000 Prepore the Units of Act clation Schedule Truck Yeor Actual Mies oeprec Book Value Date of 42Purchase Depreciatm Rt % m Depreciation 4D Depr Schl's, JE's & Ts Sheet3+ 10E++Barb's+Florists+Yevideos++xx |Arial . 112.im El lle ^ . :- EP 4 #8 ' , % . , 'a4 C17 s Etra Credit Complete A, B, C,D 75 minutes C: Journalize Purchase and DOB Intre thru SL Depr 8 min 13.000 Valse Asset frt E Dispose Asset (Do8 Dpr) Dec 31, 2013 D. Post T Accounts based on DDB Depreciation Coat Value ear 2 Ist year Sheet3 Depr Schl's, JE's &Ts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Statement Fraud Casebook Baking The Ledgers And Cooking The Books

Authors: Joseph T. Wells

1st Edition

0470934417, 978-0470934418

More Books

Students also viewed these Accounting questions

Question

1. Discuss the four components of language.

Answered: 1 week ago

Question

a. How many different groups were represented?

Answered: 1 week ago