Please do not give solution in image format thanku Prepare a depreciation schedule assuming actual mileage was: 2022, 26,000: 2023, 32,000; 2024, 25,000; and 2025, 17,000. (Round cost per unit to 2 decimal places, eg, 15.25 and all other answers to Ddecimal places, e.g. 5,275.)Year2022202320242025Units ofActivityComputation▪▪w26000320002500017000X$DepreciationCost/Unit14141414AnnualDepreciationExpense3440010044000150005AccumulatedDepreciationEnd of YearBookValue0000 Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2022, at a cost of $148.000. Over its 4-year useful life. the bus is expected to be driven 100.000 milesSalvage value is expected to be $8.000.(a)

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Description: Please do not give solution in image format thanku Prepare a depreciation schedule assuming actual mileage was: 2022, 26,000: 2023, 32,000; 2024, 25,000; and 2025, 17,000. (Round cost per unit to 2 decimal places, eg, 15.25 and all other answers to D

The depreciation expense is charged on the fixed assets as reduction in the value of the fixed…

Business

Accounting

Prepare a depreciation schedule assuming actual mileage was: 2022, 26,000: 2023, 32.000; 2024, 25,000 and 2025, 17,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other an decimal places, eg. 5,275.) Year 2022 2023 2024 2025 Units of Activity Computation TONG 28000 32000 11000 Depreciation Cost/Unit 14 14 Annual Depreciation Expense 34400 4400 35000 S Accumulated Depreciation End of Year Book Value LOOD

Prepare a depreciation schedule assuming actual mileage was: 2022, 26,000: 2023, 32.000; 2024, 25,000 and 2025, 17,000. (Round cost per unit to 2 decimal places, e.g. 15.25 and all other an decimal places, eg. 5,275.) Year 2022 2023 2024 2025 Units of Activity Computation TONG 28000 32000 11000 Depreciation Cost/Unit 14 14 Annual Depreciation Expense 34400 4400 35000 S Accumulated Depreciation End of Year Book Value LOOD

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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