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College: Yuba Community College Course: Accounting 1 LAB (online) Platform/Website: Canvas (yccd.instructure.com) Email: XXXXXXXXXX Password: Evangel19 This is a lab assignment for my Financial...

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College: Yuba Community College
Course: Accounting 1 LAB (online)
Platform/Website: Canvas (yccd.instructure.com)
Email: XXXXXXXXXX
Password: Evangel19

This is a lab assignment for my Financial Accounting Lab (1A) class at Yuba Community College. Attached is assignment excel spreadsheet. Complete the assignment and submit it to me here at topassignmentexperts.com and I will upload it to my canvas portal. The name of the lab assignment for this week is "DEPREC". It is due by 11:59 on Monday, April 19, 2021.
*****MUST INCLUDE:*****- What if Section- Chart Analysis Section- Tickler Section
Answered 5 days After Apr 13, 2021

Solution

Bhavani answered on Apr 19 2021
150 Votes
Worksheet
    DEPREC
    Depreciation
    Data Section
        Cost of asset        $350,000
        Estimated salvage value        $30,000
        Estimated useful life in years        4
        Estimated life in units (miles, etc.)*        100,000
            *Estimated
        Year    Units
        1    30,000
        2    20,000
        3    40,000
        4    10,000
        5    0
        6    0
        7    0
        8    0
    Answer Section
            Depreciation Expense
                    Double
            Straight    Units of    Declining
        Year     Line    Production    Balance
        1    $80,000    $96,000    $175,000
        2    80,000    64,000    87,500
        3    80,000    128,000    43,750
        4    80,000    32,000    13,750
        5    0    0    0
        6    0    0    0
        7    0    0    0
        8    0    0    0
        Total     $320,000    $320,000    $320,000
Sheet1
    FALL 20 MYERS CPA
Chart analysis
                                            DECPREC5
                Worksheet chart
            Work sheet                    DEPREC5
            Chart                    Chart
            Data Table                    Data...
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