Easy Erow chased the machine on Jawy 1. 2018 for $47.000. Expected to 10 years or 0.000 drinks in 2018.02.000 were sold and in 2010. 18.000 kr odds w $2.000 Read the Requirement in the depreciation opens for 2018 and 2019 using the folowing methods: (a) Straighin (SXC) Units of production (UP) and Double- dining- For mood starting with the straight-ane method), Mlect the appropriate formule needed to compute anual decision and then domine depreciation pense under the method for 2016 and 2010 y depenexpo un amounts to the nearest contand other amounts to the nearest while doar Annual Depreciation Formula 2018 2010 Pequent 2. Prepare a schodie that shows anual depreciation expense comutatod depreciation and book value for 2016 and 2019 using the three deciation from Requirement hoomary to enter any other in the maput felis and then contre tome next conto Requirement 2. Prepare a schedule that shows annual depreciation expense, accumulated depreciation, and book value for 2018 and 2019 u a. Begin with the straight-line method. Review your computations from Requirement 1. a. Straight-line Annual Depreciation Accumulated Year Expense Depreciation 1-1-2018 Book Value 24 12-31-2018 12-31-2019 Accumulated Depreciation Book Value b. Units-of-production Annual Depreciation Year Expense 1-1-2018 12-31-2018 12-31-2019 c. Prepare a schedule for the double-declining-balance method. Review your computations from Requirement 1. c. Double-declining-balance Annual Depreciation Accumulated Year Expense Depreciation Book Value 1-1-2018 12-31-2018 12-31-2019 Requirement 3. Assume that Easy Espresso sold the equipment for $34,000 cash on July 1, 2020. Assume that ma Easy Espresso's depreciation for 2020 and the sale of the equipment on July 1, 2020. (Record debits first, then cred Requirement 3. Assume that Easy Espresso sold the equipment for 534,000 cash only 1.2020. Assume that management has deprecated by wing the dood Envy Espred's depreciation for 2020 and the sale of the comment on Juy 1 2020. Record debit first, the Select the explanation on the software Beon by recording Eawy Express's depreciation for 2000 Date Accounts and Explanation Debit Credit 2020 Now record the sale of the equipment on July 1, 2020 Now record the sale of the equipment on July 1, 2020 Date Accounts and Explanation Debit Credit 2020 Jul 1 - X Requirements ve Ind fec 1. Determine the depreciation expense for 2018 and 2019 using the following methods: a. Straight-line b. Units-of-production C. Double-declining-balance 2. Prepare a schedule that shows annual depreciation expense, accumulated depreciation, and book value for 2018 and 2019 using the following methods: a. Straight-line b. Units-of-production c. Double-declining-balance 3. Assume that Easy Espresso sold the equipment for $34,000 cash on July 1, 2020. Assume that management has depreciated the equipment by using the double-declining-balance method. Record Easy Espresso's depreciation for 2020 and the sale of the equipment on July 1, 2020. are dep eld Print Done Easy Erow chased the machine on Jawy 1. 2018 for $47.000. Expected to 10 years or 0.000 drinks in 2018.02.000 were sold and in 2010. 18.000 kr odds w $2.000 Read the Requirement in the depreciation opens for 2018 and 2019 using the folowing methods: (a) Straighin (SXC) Units of production (UP) and Double- dining- For mood starting with the straight-ane method), Mlect the appropriate formule needed to compute anual decision and then domine depreciation pense under the method for 2016 and 2010 y depenexpo un amounts to the nearest contand other amounts to the nearest while doar Annual Depreciation Formula 2018 2010 Pequent 2. Prepare a schodie that shows anual depreciation expense comutatod depreciation and book value for 2016 and 2019 using the three deciation from Requirement hoomary to enter any other in the maput felis and then contre tome next conto Requirement 2. Prepare a schedule that shows annual depreciation expense, accumulated depreciation, and book value for 2018 and 2019 u a. Begin with the straight-line method. Review your computations from Requirement 1. a. Straight-line Annual Depreciation Accumulated Year Expense Depreciation 1-1-2018 Book Value 24 12-31-2018 12-31-2019 Accumulated Depreciation Book Value b. Units-of-production Annual Depreciation Year Expense 1-1-2018 12-31-2018 12-31-2019 c. Prepare a schedule for the double-declining-balance method. Review your computations from Requirement 1. c. Double-declining-balance Annual Depreciation Accumulated Year Expense Depreciation Book Value 1-1-2018 12-31-2018 12-31-2019 Requirement 3. Assume that Easy Espresso sold the equipment for $34,000 cash on July 1, 2020. Assume that ma Easy Espresso's depreciation for 2020 and the sale of the equipment on July 1, 2020. (Record debits first, then cred Requirement 3. Assume that Easy Espresso sold the equipment for 534,000 cash only 1.2020. Assume that management has deprecated by wing the dood Envy Espred's depreciation for 2020 and the sale of the comment on Juy 1 2020. Record debit first, the Select the explanation on the software Beon by recording Eawy Express's depreciation for 2000 Date Accounts and Explanation Debit Credit 2020 Now record the sale of the equipment on July 1, 2020 Now record the sale of the equipment on July 1, 2020 Date Accounts and Explanation Debit Credit 2020 Jul 1 - X Requirements ve Ind fec 1. Determine the depreciation expense for 2018 and 2019 using the following methods: a. Straight-line b. Units-of-production C. Double-declining-balance 2. Prepare a schedule that shows annual depreciation expense, accumulated depreciation, and book value for 2018 and 2019 using the following methods: a. Straight-line b. Units-of-production c. Double-declining-balance 3. Assume that Easy Espresso sold the equipment for $34,000 cash on July 1, 2020. Assume that management has depreciated the equipment by using the double-declining-balance method. Record Easy Espresso's depreciation for 2020 and the sale of the equipment on July 1, 2020. are dep eld Print Done
