Window Help Question 5 of 8 - Chapter 9 H X roe Commur X bat. Chapter 9 Homework - 23FA X r/index.html?launchid-ac6332e1-c994-4285-adfc-eb4c7c446630#/question/4
Window Help Question 5 of 8 - Chapter 9 H X roe Commur X bat. Chapter 9 Homework - 23FA X r/index.html?launchid-ac6332e1-c994-4285-adfc-eb4c7c446630#/question/4
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 5 of 8
F2
Type of Asset
Building
Warehouse
Profiles
3
E
<
80
F3
Tab
Date
Your answer is incorrect.
eTextbook and Media
$
Revised annual depreciation
4
Acquired
Jan. 1, 2014
Jan. 1, 2017
Window Help
R
Compute the revised annual depreciation on each asset in 2022.
>
2
Q
NOV
24
F4
Cost
15
$813,000
%
103,000
All assets are depreciated by the straight-line method. Bramble Corp. uses a calendar year in preparing annual adjusting entries and
financial statements. After discussion, management has agreed to accept Victor's proposed changes. (The "Proposed" useful life is
total life, not remaining life.)
F5
Accumulated
Depreciation
Jan. 1, 2022
Building
31
$154,800
C
6
19,700
19245
C
F6
tA
&
7
$
tv
Useful life
(in years)
Old Proposed
40
25
WP Question 5 of 8 - Chapter 9H X
&
F7
JS 1
TYU
58
Warehouse
20
* CO
8
DII
F8
Salvage Value
Old
$39,000
4,500
9
Z
A
0/6 = :
F9
Proposed
$43,200
17,300
A
)
0
F10
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Transcribed Image Text:Edit
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View
& Current Students | Monroe Co X
pter 9 Homework
0
History Bookmarks
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Home Page - Monroe Commur X D2L Chapter 9 Homework - 23FA X
education.wiley.com/was/ui/v2/assessment-player/index.html?launchid=ac6332e1-c994-4285-adfc-eb4c7c446630#/question/4
W
Question 5 of 8
F2
Type of Asset
Building
Warehouse
Profiles
3
E
<
80
F3
Tab
Date
Your answer is incorrect.
eTextbook and Media
$
Revised annual depreciation
4
Acquired
Jan. 1, 2014
Jan. 1, 2017
Window Help
R
Compute the revised annual depreciation on each asset in 2022.
>
2
Q
NOV
24
F4
Cost
15
$813,000
%
103,000
All assets are depreciated by the straight-line method. Bramble Corp. uses a calendar year in preparing annual adjusting entries and
financial statements. After discussion, management has agreed to accept Victor's proposed changes. (The "Proposed" useful life is
total life, not remaining life.)
F5
Accumulated
Depreciation
Jan. 1, 2022
Building
31
$154,800
C
6
19,700
19245
C
F6
tA
&
7
$
tv
Useful life
(in years)
Old Proposed
40
25
WP Question 5 of 8 - Chapter 9H X
&
F7
JS 1
TYU
58
Warehouse
20
* CO
8
DII
F8
Salvage Value
Old
$39,000
4,500
9
Z
A
0/6 = :
F9
Proposed
$43,200
17,300
A
)
0
F10
Update Apple ID Settings
Some account services will not be
available until you sign in again.
3
0 P
a Fri Nov 24 4:40
F11
+
D
F12
SUPPORT
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