Question: one question - /1.5 E Question 3 of 8 View Policies Current Attempt in Progress Victor Mineli , the new controller of Ivanhoe Company has

 one question - /1.5 E Question 3 of 8 View Policies
Current Attempt in Progress Victor Mineli , the new controller of Ivanhoe
one question

- /1.5 E Question 3 of 8 View Policies Current Attempt in Progress Victor Mineli , the new controller of Ivanhoe Company has reviewed the expected useful lives and salvage values of selected depreciable assets at the beginning of 2022. Here are his findings: Salvage Value Type of Asset Date Acquired Accumulated Useful Life (in years) Depreciation, Jan. 1, 2022 Old Proposed Cost Old Proposed Building Jan. 1. 2014 $857.000 $159.100 40 58 $61,500 $35,600 Warehouse Jan. 1. 2017 129,500 24,960 25 5,300 20 4,700 All assets are depreciated by the straight-line method. Ivanhoe Company uses a calendar year in preparing annual financial statements. After discussion, management has agreed to accept Victor's proposed changes. (The Proposed useful life is totallife, not remaining life) Compute the revised annual depreciation on each asset in 2022. (Round answers to decimal places.es. 125.) Building Warehouse Revised annual depreciation $ e Textbook and Media List of Accounts Prepare the entry to record depreciation on the building in 2022. (Round answers to decimal places, c.g. 125. Credit account titles Otomaticallindanted.comunicantand. Damotudentamento contacto con No Root Air Assessment Builder UIA X NWP Assessment Player UI AL X Con July 1, 2019, Pharoah Com x W chegg - Yahoo Search Result al/v2/assessment-player/index.html?launchiduddbce6a1-78c9-4937-ba71-823753cfddeb#/question/2 Q BBNvolved News YouTube Netflix Watch ESPN B Online ISI Book -/1.5 E Question 3 of 8 Compute the revised annual depreciation on each assist in 2022. (Round answers to decimal places, es 125) Building Warehouse Revised annual depreciation $ eTextbook and Media List of Accounts Prepare the entry to record depreciation on the building in 2022. (Round answers to decimal places, s. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts: Account Tities and Explanation Debit Credit e Textbook and Media List of Accounts Safor Later Attempts of 3 used Submit

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