Using the double declining balance depreciation method for an asset purchased at the start of 1019 w/an annual cost of $85,000, a salvage value of $2,500, and a depreciable life of 12 years, the book value at the end of 2023 is most nearly waht amount? a. $40,990 b. $36,238 c. $34,160 d. 28,500 e. $23,720 Please use excel and show formulas.

Using the double declining balance depreciation method for an asset purchased at the start of 1019 w/an annual cost of $85,000, a salvage value of $2,500, and a depreciable life of 12 years, the book value at the end of 2023 is most nearly waht amount? a. $40,990 b. $36,238 c. $34,160 d. 28,500 e. $23,720 Please use excel and show formulas.

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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A Puree Eng 2 Wed-Morning 8.00- f (2) Facebook b My Questions | bartleby + (2) Facebook f (2) Facebook + i facebook.com/messenger_media/?thread_id=100005136376544&attachment_id=2518043765165174&message_id=mid.%24cAAAAAYrOs8J9ltBwvV3ZYsdaPi9d ia 3 On December 31,2019, Bryant Ltd. performed environmental consulting services for Warren Company was short of cash, and Bryant Ltd. agreed to accept 1,200,000 zero-interest-bearing note due December 31, 2021 as payment in full. Warren Company is somewhat of a credit risk and typically borrows funds at a rate of 10%. (PVIFA n=2i=10% =1.7355, PVIFA =3.=10% =2.4869, PVIF =0.8264 and PVIF n-3jat0% =0.7513) n=2.=10% Instruction: 3.1 Prepare the journal entry to record the transaction of December 31, 2019, for Bryant Ltd. 3.2 Assuming Bryant Ltd.'s fiscal year-end is December 31, prepare the journal entry for December 31, 2020. *** 11:58 AM O Type here to search 2/3/2021 ..
Classwork for Basua, X A Classwork for Basua, X VA VIA Character Streng X The Three Questions X Which line from Utop X X Edgenuity for Studen X Look What You've O X Homework Help and X + https://classroom.google.com/u/1/w/MzEyNjg5MTkxMzly/t/all 120% D ... TIOW TIhUCIT UO they pudget fo Each Category? Basua, M Pers&Bu Multiply the weekly income by each of the budgeted percents. $1,276.50 X 30% $1,276.50 X 18% = $229.77 Housing $382.95 Clothes $1,276.50 x 7% $1,276.50 × 6% = $76.59 $1,276.50 × 5% = $63.83 $1,276.50 x 4% = $51.06 M292-000001 $89.36 Food Entertainment Transportation $1,276.50 × 10% = $127.65 Insurance $1,276.50 × 10% = $127.65 $1,276.50 x 10% = $127.65 Gifts Miscellaneous | Savings Directions Find the amount budgeted for each category. Use the percents shown in the example for each weekly income shown. Weekly Income 1) $416.50 2) $1,246.59 3) $661.40 | 4) $1,413.56 Housing Food Transportation Gifts Savings Clothing Entertainment Insurance Misc Weekly Income 5) $1,156.89 6)…
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