FORMULA ANSWERS ONLY

- 5 x X 1 a Paste Sim Saved 11 - F Calibri -AA % Paste BIU- A Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Clipboard Font Styles A1 1 Sullivan Ranch Corporation has purchased a new tractor. The following B D E 12 Prepare the following Straight Line depreciation schedule by using the excel SLN FUNCTION (Ex) to calculate the 13 Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 14 15 16 SULLIVAN RANCH CORPORATION 17 Depreciation Schedule Straight Line Method 18 End of year amounts 19 Year Depreciation Accumulated Book Value Expense Depreciation 20 1 21 2 22 3 23 4 24 Total 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute cell references when appropriate. 27 SULLIVAN RANCH CORPORATION 28 Depreciation Schedule-Units-of-Production Method 29 End of year amounts 30 Year Depreciation Accumulated Expense Book Value Depreciation 31 1 32 2 Sheet1 READY Attempt(s) 100% Saved X Calibri 11 Paste BIU- A A % M Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles - Styles ke Sullivan Ranch Corporation has purchased a new tractor. The following Clipboard Font A1 V X A B D E F 33 34 35 36 3 4 Total Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTION (fx) to 37 calculate Depreciation Expense for Years 1-4 in the Depreciation Expense column. Enter formulas or absolute cell references for the remaining cells. 38 39 40 SULLIVAN RANCH CORPORATION 41 Depreciation Schedule-Double-Declining-Balance Method 42 End of year amounts 43 Year Depreciation Accumulated Book Value Expense Depreciation 1 45 2 3 4 Total 50 Sheet1 READY Attempt(s) L 100%