Wk 8 Chapter 11

Wk 8 Chapter 11 - 11-49Enter the appropriate amounts in the...

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Unformatted text preview: 11-49Enter the appropriate amounts in the shaded cells in columns D, F, H and L.a.Straight-LineEnd ofYear200820092010In column D, a fraction can be entered by typing an "=" in front, for example: =3/6b.Sum-of-the-Years'End ofYearFractionx20080.50000 x20090.33333 x20100.16667 xc.Double-Declining-BEnd ofYearRatex20080.66660 x20092010Name:Tara Andersone MethodAccumulatedAssetDepreciationDepreciationBook Value$40,000 $10,000 $10,000 30,000 10,000 20,000 20,000 10,000 30,000 10,000 $30,000 '-Digits MethodAccumulatedAssetDepreciationDepreciationBook ValueDeprec. Base$40,000 $10,000 $5,000 $5,000 35,000 10,000 3,333 $8,333 31,667 10,000 1,667 $10,000 30,000 $10,000 Balance MethodAccumulatedAssetDepreciationDepreciationBook ValueCost$40,000 $40,000 $26,664 $26,664 13,336 3,336 30,000 10,000 0 30,000 10,000 $30,000 11-53Name:To enter the journal entries, enter the appropriate account titles in the shaded cells in columnsC and D, and the appropriate amounts in the shaded cells in columns G and I.C and D, and the appropriate amounts in the shaded cells in columns G and I....
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Wk 8 Chapter 11 - 11-49Enter the appropriate amounts in the...

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