?Need a little help for my accounting class. Prepare a monthly schedule of depreciation for each of the seven assets for 2014 using 1) straight-line (first two photos) and 2) 200% DDB(second two photos). Remember that you are calculating monthly depreciation, not annual and adjust your depreciation rate. Carry your depreciation rate to four decimals and round the depreciation expense to two decimals. Bill has decided that equipment will be depreciated using straight-line and the building using 200% DDB.

1 Asset Information: Truck, $5,000 cost, 5 year life, $500 salvage value 2 End of Year Depreciable DeprecationD Depreciation Accumulated Book Rate 3 Month 4 6 8 10 May-14 Jun-14 Jul14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 12 13 Asset Information: Lawn Mower, $300 cost, 2 year life, $0 salvage value 14 Computation End of Year Depreciable Depreciation Depreciation Depreciation = Deprecia Accumulated Depreciation Book Rate 15 Month 16 May-14 17 18 19 Aug-14 20 21 Jun-14 Ju 14 Sep-14 Oct-14 Nov-14 Dec-14 23 24 25 Asset Information: Aerator, $500 cost, 2 year life, $0 salvage value 26 End of Year Depreciable DeprecationD Depreciation Accumulated Book Rate 27 Month 28 May-14 Jun-14 Jul14 31 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 29 30 32 34 35 General Journal Depreciation Schedules SL Depreciation Sc