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

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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pter 9 Homework
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Home Page - Monroe Commur X D2L Chapter 9 Homework - 23FA X
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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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a Fri Nov 24 4:40
F11
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Transcribed Image Text:Edit F1 View & Current Students | Monroe Co X pter 9 Homework 0 History Bookmarks 2 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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