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Test: Mid#2Ch78911A Question 1 of 5 Cider the wing @i Requirement For sach depreciation method, prepare a depreciation schedule showing asset coat, depreciation expens, aumen wns of production med round depreciation per unit to three decimal places et completing the straight ne depreciation schedule, calculate the straight line depreciation One U (L)Depo Comple the Site Lae Depreciation Schedule. Begin by fing out the schedule ough 2018, and then conges the schedule by entering the 2022 Straight Line Depreciation Schedule Ausst Depreciation Depreciable Depreciation Accumulated Rate Exper Depreciation Book Val Aase Cost Cost Date January 4, 201 Dan 31, 2018 December 31, 2010 MacBook This test 50 point This que 10 poin Submit test Time Ring 02:53:57 Next
COSMET LAD SHRAFfors Consider the following k the on to view the information) Before completing the units of production (UOP) depreciation schedule, calculate the depreciation expense per un Pound con Depreciable Total und output reat Depreciation pre Complete the Units of Production Depreciation Schedule. Begin by fing out the schedule tough 2018, and then complete the decimal places) Units of Production Depreciation Schedule Depreciation Number of Depreciation Accumulated Asset Units Date Asset Cost PerUnit Expense Depreciation Book Value January 4, 2018 December 31, 2018 December 31, 2019 December 31, 2020 11 3 MacBook THREE ONG This 10 Submit test 222 Time Reming021344 Next
MOB COSMET LAD NEW Question 1 of 5 . Consider the town the i Units of Production Depreciation Schedule Depreciation Number of Depreciation Accumulated Asset Expense Depreciation Back Value Per U Units Date January 4, 2018 December 31, 2018 December 31, 2010 December 31, 2000 December 31, 2021 December 31, 2022 Before completing the double-declining balance (DOB) schedule, calculate the double-decining balance S. Depreciation COB mulier DOB Test: Mid2Ch78911A Asset Cost This tax 50 s Submit test Time Remaining:02:53:32 Next
Question 1 of 5. Consider the following (Click the icon to view the information) Read the requiremental Before completing the double-declining balance (DOB) schedule, calculate the double-declining balance ra SL Depreciation DOB rate muller ODD Complete the Double-Declining Balance Depreciation Schedule. Begin by ng out the schedule through 2019, and then complete t Double-Declining Balance (DDB) Depreciation Schedule DOB Asset Book Depreciation Accumulated Asset Rate Expense Depreciation Book Value Date Asset Cost Value January 4, 2018 December 31, 2018 December 31, 2010 December 31, 2020 December 31, 2021 MacBook This 50 i prostitu This MATION Submit bl 222 Time Remaining 252.20 Next
COSMETIC LAD Consider the following Read the COD Complete the Double-Declining Balance Depreciation Schedule Begin by ting out the schedule rough 2019, and the complet Double Declining Balance (D0B) Depreciation Schedule Ass DDB Asset Book Depreciation Accumulated Rate Valu Depreciation Book Value Expense A Co Date January 4, 2018 December 31, 2016 December 31, 2019 December 31, 2020 Decender 31.2021 December 31, 2002 Requirement 2. Ruiz Enterprises, Inc. prepares financial statements using the depreciation method that reports the highest income in the early years of i depreciation method that minimizes income taxes in the early years. Consider the first year Rut Enterposms, Inc, uses the equipment defy the assuming the income tax authorities peint the use of any method Them that mer MacBook S 15 500 925 AN F M For come tax theory sation methods that R Time Remaining 00:5313 14 TO Next
Read the requirements December 31, 2020 December 31, 2021 December 31, 2022 Requirement 2. Ruiz Enterprises, Inc, prepares financial statements using the depreciation method that reports the highest income in the earty years of asset use. For income taxposes the company uses the depreciation method that minimires income taxes in the early years Consider the first year Ruiz Enterprises, Inc, uses the equipment Mentify the depreciation methods that meet Ruid Eri asuming the income tax authorities permit the use of any method deration for that year The The depreciation method that maximizes reported net income in the first year of the computer's is is the method, which produces the minnes income taxes in the first year is the method, which produces m depreciation amount for that year Requirement 3. Show how Ruiz Enterprises, inc, would report equipment on the December 21, 2016, balance sheet for each depreciatio SL UOP December 31, 2018 DOB Time Remaining 025305 MacBook A 4 19 D ** L #4 1 Next
.) Question 1 of 5 This question: 10 point(s) possi - X More info On January 4, 2018, Ruiz Enterprises, Inc., paid $185,700 for equipment used in manufacturing automotive supplies. In addition to the basic purchase price, the company paid $800 for transportation charges, $800 for insurance for the equipment while in transit, $10,900 sales tax, and $1,800 for a special platform on which to place the equipment in the plant. Management of Ruiz Enterprises, Inc., estimates that the equipment will remain in service for five years and have a residual value of $20,000. The equipment will produce 90,000 units the first year, with annual production decreasing by 5,000 units during each of the next four years (i.e., 85,000 units in year 2; 80,000 units in year 3; and so on, for a total of 400,000 units). In trying to decide which depreciation method to use, Ruiz Enterprises, Inc., requested a depreciation schedule for each of the three depreciation methods (straight-line, units of production, and double-declining balance). Print Done
Requirements 1. For each depreciation method, prepare a depreciation schedule showing asset cost, depreciation expense, accumulated depreciation, and asset book value for each year of the asset's life. For the units of production method, round depreciation per unit to three decimal places. 2. Ruiz Enterprises, Inc., prepares financial statements using the depreciation method that reports the highest income in the early years of asset use. For income tax purposes, the company uses the depreciation method that minimizes income taxes in the early years. Consider the first year Ruiz Enterprises, Inc., uses the equipment. Identify the depreciation methods that meet Ruiz Enterprises' objectives, assuming the income tax authorities permit the use of any method. 3. Show how Ruiz Enterprises, Inc., would report equipment on the December 31, 2018, balance sheet for each depreciation method. Print Done
Requirement 1. For each depreciation method, prepare a depreciation schedule showing asset cost, depreciation expense, accumulated depreciation, and asset book value for each year of the assets for the units of production method, round depreciation per unit to three decimal places. Before completing the straight-ne depreciation schedule, calculate the straight-line depreciation rate One year G Useful life (SL) Depreciation rate 1/5 Complete the Straight-Line Depreciation Schedule. Begin by Sing out the schedule through 2019, and then complete the schedule by entering the amounts through 2022 Straight Line Depreciation Schedule Depreciation Depreciable Depreciation Accumulated Rate Depreciation Asset Book Value Cost Expense Date Asset Cost January 4, 2018 December 31, 2018 December 31, 2019 Next MacBook Time Remaining: 02:46:22
Complete the Straight-Line Depreciation Schedule. Begin by filling out the schedule through 2010, and then complete the schedule by entering the amounts through 2022 Straight-Line Depreciation Schedule Depreciation Depreciable Depreciation Accumulated Asset Rate Expense Depreciation Book Value Asset Cost Cost Date January 4, 2018 December 31, 2018 December 31, 2019 December 31, 2020 December 31, 2021 December 31, 2022 Before completing the units of production (UOP) depreciation schedule, calculate the depreciation expense per unit. (Round depreciation per unit to three decimal places) Depreciable Total unit Time Remaining: 02:46:08
CETTE Before completing the units of production (UOP) depreciation schedule, calculate the depreciation expense per unit. (Round depreciation per unit to three decimal places) Depreciable Total unit output cost 1 Depreciation per unit Complete the Units of Production Depreciation Schedule. Begin by filling out the schedule through 2019, and then complete the schedule by entering the amounts through 2022. (Enter depreciation per un decimal places) Units of Production Depreciation Schedule Depreciation Per Unit Number of Units Depreciation Accumulated Expense Depreciation Asset Book Value Date Asset Cost January 4, 2018 December 31, 2018 December 31, 2019 Al December 31, 2020
en 10 pontot Consider the following Submit test (Click the icon to view the information) Read the requirements Complete the Units of Production Depreciation Schedule. Begin by Sing out the schedule through 2018, and then complete the schedule by eating the amounts through 2022 (Er depreciation perinte decimal places) Units of Production Depreciation Schedule Depreciation Per Unit Asset Number of Depreciation Accumulated Units Expense Depreciation Book Value Asset Cost Date January 4, 2018 December 31, 2018 December 31, 2019 December 31, 2020 December 31, 2021 December 31, 2022 Before completing the double-declining balance (DDB) schedule, calculate the double declining balance a SL Depreciation DOB rate non e wal Time Remaining: 02:45:41 Next MacBook
(Click the icon to view the information) Read the requirements -CO 1, Away Before completing the double-declining balance (DOB) schedule, calculate the double-declining balance rate SL Depreciation DDB rate rate mutiplier DDB rate Complete the Double-Declining Balance Depreciation Schedule. Begin by filling out the schedule through 2019, and then complete the schedule by entering the amounts through 2022 Double-Declining Balance (DDB) Depreciation Schedule Asset DDB Asset Book Depreciation Accumulated Date Asset Cost Rate Value Expense Depreciation Book Value January 4, 2018 December 31, 2018 December 31, 2019 December 31, 2020 Time Remaining: 02:45:34 Next
Submit test (Click the icon to view the information) Read the requirements Complete the Double-Declining Balance Depreciation Schedule. Begin by Sling out the schedule through 2018, and then complete the schedule by entering the amounts through 2022 Double-Declining Balance (DDB) Depreciation Schedule DDB Asset Book Depreciation Asset Cost Rate Value Expense Accumulated Asset Depreciation Book Value Date January 4, 2018 December 31, 2018) December 31, 2019 December 31, 2020 December 31, 2021 December 31, 2022 Requirement 2. Ruiz Enterprises, Inc., prepares financial statements using the depreciation method that reports the highest income in the early years of asset use For income true, the company he depreciation method that minimizes income taxes in the early years. Consider the first year Ruiz Enterprises, Inc., uses the equipment identify the depreciation methods that meet Ruiz Enterp assuming the income tax authorities permit the use of any method. Time Remaining 0245.29 Next Monke
Requirement 2. Ruiz Enterprises, Inc., prepares financial statements using the depreciation method that reports the highest income in the early years of asset use. For income tax purposes, the conte depreciation method that minimizes income taxes in the early years. Consider the first year Pule Enterprises, nc, uses the equipment Identify the deprecation methods that meet Ruiz Enterprises activ assuming the income tax authorties permit the use of any method depreciation for that year. The method that The depreciation method that maximizes reported net income in the first year of the computers is the minines income taxes in the first year is the method, which produces the depreciation anot that year method, which produces the Requirement 3. Show how Ruiz Enterprises, inc, would report equipment on the December 31, 2018, tualance sheet for each depreciation method SL December 31, 2018 UOP DOB Time Remaining 02:45:07 Next