This question pois possibi On August 1, American Gold Exchange paid cash of $60,000 for computers that are expected to remain useful for five years. At the end of five years, the value of the computers is expected to be zero. Read the requirements. Requirements. Post the purchase of August and the depreciation on August 31 10 1-accounts for the following accounts. Computer Equipment, Accumulated Depreciation-Computer Equipment, and Depreciation Expense-Computer Equipment. Show their balances at August 31. (Use dates as posting references to post the transactions. Use a "Bal." posting reference to show the ending balance of each account.) Computer Equipment Accumulated Depreciation-Computer Equipment Depreciation Expense-Computer Equipment Requirement 4. Calculate the computer equipment's book value at August 31. Book value of plant assets: Less: Book value of computer equipment