XU 5 Finance Depreciation Schedules - Excel ? X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW 4 Sign In 8 Calibri - 11 - A A % Paste BIU. A Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles 34.16 points Clipboard Font A1 : f eBook B D E F References $ $ A 1 f 2 3 Cost: 4 Estimated Residual: 5 Estimated Life in years: 6 Estimated Life in hours: 7 Actual Hours: 8 Year 1 9 9 Year 2 10 Year 3 11 Year 4 12 150,000 10,000 4 1200 360 270 350 220 13 Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (fx) to calculate the Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 14 eBook F References 22 B D E 14 15 16 SULLIVAN RANCH CORPORATION 17 Depreciation Schedule-Straight Line Method 18 End of year amounts Depreciation Accumulated 19 Year Book Value Expense Depreciation 20 1 21 2 3 4 24 Total 25 Prepare the following Activity-Based depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 SULLIVAN RANCH CORPORATION Depreciation Schedule-Units-of-Production Method End of year amounts Depreciation Accumulated 30 Year Book Value Expense Depreciation 31 1 32 2 23 28 29 25 Prepare the following Activity-Based depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 SULLIVAN RANCH CORPORATION 28 Depreciation Schedule-Units-of-Production Method 29 End of year amounts Year Depreciation 30 Accumulated Book Value Expense Depreciation 31 1 32 2 33 3 34 4 35 Total 36 37 Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (fx) to calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 38 39 40 41 42 SULLIVAN RANCH CORPORATION Depreciation Schedule-Double-Declining-Balance Method End of year amounts Depreciation Accumulated Book Value Expense Depreciation 43 Year 44 1 2 45 46 3 47 4 Total 48 49 en