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The following information about the fixed assets for Blue Books Inc. has been provided to you. Blue uses straight - line depreciation. The assets were
The following information about the fixed assets for Blue Books Inc. has been provided to you. Blue uses straightline depreciation. The assets were acquired on January and have no residual value. Asset Cost Useful life at the date of acquisition Useful life remaining at December Office building $ years years Warehouse $ years years
Using the SLN function in Excel, calculate the depreciation expense for the office building and warehouse for the year ended December rounded to two decimal places
Using Excel, calculate the accumulated depreciation and the carrying amount for the year ended December rounded to two decimal places
Create a stacked column chart for each asset that shows the column as the asset value and the two stacks as carrying amount and accumulated depreciation.
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