9. Create a PivotTable and complete the following fixed asset schedule. Future Electronics will include the schedule in the notes to its financial statements for fiscal 2020. (Express every number as a postive number.) Cost At January 1, 2020 Additions Disposal At December 31, 2020 Accumulated Depreciation At January 1, 2020 Depreciation expense Disposal At December 31, 2020 Carrying Amount At January 1, 2020 At December 31, 2020 Buildings 15,316,200 5,888,910 0 21,205,110 465,268 0 465,268 14,850,932 Equipment 4,457,785 1,601,510 0 6,059,295 798,879 0 798,879 3,658,906 Furniture 18,967,224 14,369,270 0 33,336,494 3,421,627 0 3,421,627 15,545,597 Land 9,872,050 2,361,350 0 12,233,400 0 0 0 9,872,050 Land Improvements 7,820,640 2,041,930 0 9,862,570 1,049,947 0 1,049,947 6,770,693 Total 56,433,899 26,262,970 0 82,696,869 5,735,721 0 0 5,735,721 50,698,178

9. Create a PivotTable and complete the following fixed asset schedule. Future Electronics will include the schedule in the notes to its financial statements for fiscal 2020. (Express every number as a postive number.) Cost At January 1, 2020 Additions Disposal At December 31, 2020 Accumulated Depreciation At January 1, 2020 Depreciation expense Disposal At December 31, 2020 Carrying Amount At January 1, 2020 At December 31, 2020 Buildings 15,316,200 5,888,910 0 21,205,110 465,268 0 465,268 14,850,932 Equipment 4,457,785 1,601,510 0 6,059,295 798,879 0 798,879 3,658,906 Furniture 18,967,224 14,369,270 0 33,336,494 3,421,627 0 3,421,627 15,545,597 Land 9,872,050 2,361,350 0 12,233,400 0 0 0 9,872,050 Land Improvements 7,820,640 2,041,930 0 9,862,570 1,049,947 0 1,049,947 6,770,693 Total 56,433,899 26,262,970 0 82,696,869 5,735,721 0 0 5,735,721 50,698,178

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter7: Operating Assets

Section: Chapter Questions

Problem 36BE: Analyzing Fixed Assets Pitt reported the following information for 2018 and 2019: Required: Compute...

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9. Create a PivotTable and complete the following fixed asset schedule. Future Electronics will include the schedule in the notes to its financial statements for fiscal 2020. (Express every number as a postive number.) Buildings Equipment Furniture Land Land Improvements Total Cost At January 1, 2020 15,316,200 4,457,785 18,967,224 9,872,050 7,820,640 Additions 5,888,910 1,601,510 14,369,270 2,361,350 2,041,930 56,433,899 26,262,970 Disposal 0 0 0 0 0 0 At December 31, 2020 21,205,110 6,059,295 33,336,494 12,233,400 9,862,570 82,696,869 Accumulated Depreciation At January 1, 2020 465,268 Depreciation expense 798,879 1,326,217 3,421,627 0 1,049,947 5,735,721 0 492,778 1,818,995 Disposal 0 0 0 0 0 0 At December 31, 2020 465,268 2,125,096 3,421,627 0 1,542,725 7,554,716 Carrying Amount At January 1, 2020 14,850.932 3,658,906 15,545,597 9,872,050 6,770,693 50,698,178 At December 31, 2020 12.233,400 8,319,845 20,553,245
9. Create a PivotTable and complete the following fixed asset schedule. Future Electronics will include the schedule in the notes to its financial statements for fiscal 2020. (Express every number as a pistive number.) a pristiv Buildings Equipment Furniture Land Land Improvements Total ces Cost At January 1, 2020 15,316,200 4,457,785 18,967,224 9,872,050 Additions 5,888,910 1,601,510 14,369,270 2,361,350 7,820,640 2,041,930 56,433,899 26,262,970 Disposal 0 0 0 0 0 0 At December 31, 2020 21,205,110 6,059,295 33,336,494 12,233,400 9,862,570 82,696,869 Accumulated Depreciation At January 1, 2020 465,268 798,879 3,421,627 Depreciation expense Disposal 0 At December 31, 2020 465,268 798,879 Carrying Amount At January 1, 2020 14,850,932 3,658,906 15,545,597 9,872,050 5,735,721 0 0 0 0 0 0 3,421,627 0 1,049,947 5,735,721 6,770,693 50,698,178 2,961,132 0 1,049,947 At December 31, 2020
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