Terry Wade, the new controller of Bridgeport Company, has reviewed the expected usefullives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: All assets are depreciated by the straight-line method. Bridgeport Company uses a calendar year in preparing annual adjusting entri and financial statements. After discussion, management has agreed to accept Terry's proposed changes. (The "Proposed" useful life is total life, not remaining life.) (a) Compute the revised annual depreciation on each asset in 2022. Prepare the entry to record depreciation on the building in 2022. (List all deblt entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) In performing accounting services for small businesses, you encounter these situations pertaining to cash sales. 1. Sandhill Company enters sales and sales taxes separately on its cash register. On April 10, the register totals are sales $57,000 and sales taxes $2,850. 2. Whispering Company does not segregate sales and sales taxes. Its register total for April 15 is $26,750, which includes a 7\% sales tax Prepare the entries to record the sales transactions and related taxes for each client. (Credit account tilles are automoticolly indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Linda Garza's regular hourly wage rate is $34, and she receives a wage of 1% times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Linda worked 42 hours. Her gross earnings prior to the current week were $6,000. Linda is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $35.00 per week. MARRIED Persons - WEEKLY Payroll Period \begin{tabular}{|l|l|l|l|l|l|l|l|l|l|l|l|l|} 1,393 & 1,404 & 133 & 123 & 114 & 104 & 94 & 85 & 75 & 65 & 56 & 46 & 36 \\ 1,404 & 1,415 & 134 & 125 & 115 & 105 & 96 & 86 & 76 & 67 & 57 & 47 & 38 \\ 1,415 & 1,426 & 136 & 126 & 116 & 107 & 97 & 87 & 78 & 68 & 58 & 49 & 39 \\ 1,426 & 1,437 & 137 & 127 & 118 & 108 & 98 & 89 & 79 & 69 & 60 & 50 & 40 \\ 1,437 & 1,448 & 138 & 129 & 119 & 109 & 100 & 90 & 80 & 71 & 61 & 51 & 41 \\ 1,448 & 1,459 & 140 & 130 & 120 & 111 & 101 & 91 & 82 & 72 & 62 & 52 & 43 \\ 1,459 & 1,470 & 141 & 131 & 122 & 112 & 102 & 93 & 83 & 73 & 64 & 54 & 44 \\ 1,470 & 1,481 & 142 & 133 & 123 & 113 & 104 & 94 & 84 & 75 & 65 & 55 & 45 \\ 1,481 & 1,492 & 144 & 134 & 124 & 115 & 105 & 95 & 86 & 76 & 66 & 56 & 47 \\ 1,492 & 1,503 & 145 & 135 & 126 & 116 & 106 & 97 & 87 & 77 & 67 & 58 & 48 \\ 1,503 & 1,514 & 146 & 137 & 127 & 117 & 108 & 98 & 88 & 78 & 69 & 59 & 49 \\ \hline 1,514 & 1,525 & 148 & 138 & 128 & 119 & 109 & 99 & 89 & 80 & 70 & 60 & 51 \\ \hline 1,525 & 1,536 & 149 & 139 & 130 & 120 & 110 & 101 & 91 & 81 & 71 & 62 & 52 \\ \hline \end{tabular} Compute the following amounts for Linda's wages for the current week. (Round all answers to 2 decimal ploces, eg. 52.55.) Record Linda's pay. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, eg. 52.75)
