An asterisk (*) will appear to the right of an incorrect entry.
1. a.
Accumulated
Depreciation
Depreciation,
Book Value,
Year Expense End of Year End of Year
Original cost 110,000$
1
2
3
4
Calculation:
(Cost – Residual Value) / Years = Yearly Depreciation
b.
Accumulated
Depreciation
Depreciation,
Book Value,
Year Expense End of Year End of Year
Original cost 110,000$
1
2
3
4
Calculations:
Year xRate = Yearly Depreciation
1
2
3
Since depreciation cannot cause book value to fall below residual value:
Year –= Yearly Depreciation
4
2.
3.
Depreciable
Balance
Residual
Value
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0%
[Key code here]
Double-Declining-Balance Depreciation Schedule
Depreciable
Balance
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Score:
Key Code:
Instructions
Straight-Line Depreciation Schedule
Problem 9-4B
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
1. a.
Accumulated
Depreciation
Depreciation,
Book Value,
Year Expense End of Year End of Year
Original cost 110,000$
1 25,625$ 25,625$ 84,375
b.
Accumulated
Depreciation
Depreciation,
Book Value,
Year Expense End of Year End of Year
Original cost 110,000$
1 55,000$ 55,000$ 55,000
Double-Declining-Balance Depreciation Schedule
Straight-Line Depreciation Schedule
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Score:
Instructions
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Problem 9-4B
Name:
Solution
Section:
ON