Instructions Newithographie sulment acquired at a cost of 5859 290 on March 1 at the beginning of a fiscal year has an edustule of five years and estimated results of 595,660

Instructions Newithographie sulment acquired at a cost of 5859 290 on March 1 at the beginning of a fiscal year has an edustule of five years and estimated results of 595,660. The manager the double declining Dance method was selected In the best week of the thyeat, on March & the equipment was sold for 5141,422 Required Determine the annus depreciation expense for each of the fun of the accumulated on the end of each year and the book of the count at the end of each year by the stand the chance method Mound your answer to the need whole 2. Journalize the entry to record the male suming the manager chose the cocina momentos Peder so me Cast of Accounts for wat word of account 3. Journalister the entry to record the entrar e gumene was so to Seat / 814432 Meter te the Charter Accounts for two of count
Year 1 2 Depreciation Expense $152,5087 152 508 152.508 152 508 152 508 Accumulated Depreciation, End of Year $152,508 305,016 457.524 610,032 762,540 V 3 Book Value, End of Year 5706,692 554.184 401.676 249,168 95,660 4 5 b. Double declining balance method Year 1 2 Depreciation Expense $343,590 205 208 123.725 74.235 14,692 Accumulated Depreciation, End of Year $343 680 549,888 673.613 747 848 752 500 3 Book Value. End of Year 5515,520 309,312 185,587 111,352 96,660 4
2. On March 4 journalize the entry to record the sale assuming the manager chose the double-decling balance method Refer to the Chart of Accounts for exact wording of accounts How does grading work? RE! JOURNAL Score: 43/49 ACCOUNTING EQUATION POSTRE CREDIT ASSETS DEBIT 141,422.00 DUTIES COLATE DATE DECUTION Mar Cash coated Deon Equipment Euipment Gain on Sale of Ement 767.540.00 1525000 152,508.00 On Machjournaize the entry to record the Baltin (2) assoming that the comfort of 41 422 to the Chart of Accounts for according of account JOURNAL Score 4/4 ACCOUNTING EQUATION PORT LATIE Em 32.000