Question: please help!!! A B C 32. The fixed assets have estimated useful lives as follows: Building -31.5 years Computer Equipment - 5.0 years Office Equipment

please help!!!
please help!!! A B C 32. The fixed assets have estimated useful
lives as follows: Building -31.5 years Computer Equipment - 5.0 years Office
Equipment - 7.0 years Use the straight-line method of depreciation. Management has

A B C 32. The fixed assets have estimated useful lives as follows: Building -31.5 years Computer Equipment - 5.0 years Office Equipment - 7.0 years Use the straight-line method of depreciation. Management has decided that assets purchased during a month are treated as if purchased on the first day of the month. The building's scrap value is $7,000. The office equipment has a scrap valuc of $350. The computer equipment has no serap value. Calculate the depreciation for one month. 33 . A review of the payroll records show that unpaid salaries in the amount of $501 are owed by Byte for three days, June 28 - 30 . 34. The note payable relating to the June 2 , and 10 transactions is a five-year note, with interest at the rate of 12 percent annually. Interest expense should be computed based on a 360 day year. [IMPORTANT NOTE: The original note on the computer equipment purchased on June 2 was $140,000. On June 10 , eight days later, $26,750 was repaid. Interest expense must be calculated on the $140,000 for eight days. In addition, interest expense on the $113,250 balance of the loan ( $140,000 less $26,750=$113,250 ) must be calculated for the 20 days remaining in the month of June.] Byte of Accounting, Inc. Daniela Velez 2296 Transaction e1: Byte of Accountina, Inc, issusd 2670 shares of its Income taxes are to be computed at the rate of 25 percent of net income before taxes. IIMPUKIAIVI NUIt: Since the income raxes are a percent or the net income you wur want to prepare the Income Statements through the Net Income Before Tax line. The worksheet contains all of the accounts and their balances which you can then transfer to the appropriate financial Etatamant 1

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