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Plant Asset :

Depreciation Method :

Year Beginning Book Value Annual Depreciation


Original Cost :

Estimated Residual Value


Estimated Useful Life :
Estimated Useful Life :

Accumulated Depreciation Ending Book Value


Plant Asset : Colour Printer

Depreciation Method : Straight Line

YearBeginning Book ValuAnnual Depreciation


1 950 160
2 790 160
3 630 160
4 470 160
5 310 160
Original Cost : 950

Annual Depreciation: 160


150
Estimated Useful Life 5
Estimated Useful Life 0
Date Brought: 1-Jan-18

Accumulated DepreciEnding Book Value


160 790
320 630
480 470
640 310
800 150
1.) The annual Depreciation is 160$
2.)The book value of the printer of the second year is 630$
ar is 630$
WT 15-3 P. 454
Southside Electric

General Journal
For the month ending 31th December 2018 PAGE 18
1 2

DOC. POST. GENERAL


DATE ACCOUNT TITLE NO. REF. DEBIT CREDIT
2018

1 Adjusting Entries 1

#REF! Dec 31 Depreciation Expense - Office Equipment 2150 ###


#REF! Accts. Depreciation - Office Equipment 2150 ###
#REF! Dec 31 Depreciation Expense - Office Equipment 7,440.00 ###
#REF! Accts. Depreciation - Office Equipment 7440 ###
Plant Asset : Security System

Depreciation Method : Straight Line

YearBeginning Book ValuAnnual Depreciation


1 3750 406.25
2 3343.75 406.25
3 2937.5 406.25
4 2531.25 406.25
5 2125 406.25
6 1718.75 406.25
7 1312.5 406.25
8 906.25 406.25
Original Cost : 3750

Annual Depreciation: 406.25


Estimated Residual V 500
Estimated Useful Life 8

Date Brought: 1-Dec-18

Accumulated DepreciEnding Book Value


406.25 3343.75
812.5 2937.5
1218.75 2531.25
1625 2125
2031.25 1718.75
2437.5 1312.5
2843.75 906.25
3250 500
1.) The annual Depreciation is 406.25$
The book value of the printer of the second year is 2937.5$
ear is 2937.5$
Plant Asset : Display Case

Depreciation Method : Straight Line

YearBeginning Book ValuAnnual Depreciation


1 4040 480
2 3560 480
3 3080 480
4 2600 480
5 2120 480
6 1640 480
7 1160 480
8 680 480
Original Cost : 4040

Annual Depreciation: 480


Estimated Residual V 200
Estimated Useful Life 8

Date Brought: 4-Jan-18

Accumulated DepreciEnding Book Value


480 3560
960 3080
1440 2600
1920 2120
2400 1640
2880 1160
3360 680
3840 200
1.) The annual Depreciation is 480$
The book value of the printer of the second year is
Plant Asset :

Depreciation Method :

Year Beginning Book Value


1 4800
2 4560
3 3600
4 2640
5 1680
6 720
Work Station Original Cost :

Annual Depreciation:
Linear Estimated Residual Value
Estimated Useful Life :

Date Brought:

Annual Depreciation Accumulated Depreciation


240 240
960 1200
960 2160
960 3120
960 4080
720 4800
4800

960

20 Sept. 2018

Ending Book Value


4560
3600
2640
1680
720
0
Problem Number: Think Like an Accountant, Chapter 3
Student's Name: Jaguar

Month Advertising
Expense
Click-through
Rate
Click-
throughs
Click-through Rate
1.40%
1.20%
Jan $ 11,448 1.21% 6,926 1.00%
Feb $ 10,486 1.06% 5,558 0.80%
Mar $ 11,737 1.18% 6,925 0.60%
0.40%
Apr $ 12,322 0.99% 6,099
0.20%
May $ 12,396 1.07% 6,632 0.00%
Jun $ 18,947 0.96% 9,095 n b r r y n l g p t v c n b r r y n l g p t v c
Ja Fe Ma Ap Ma Ju Ju Au Se Oc No De Ja Fe Ma Ap Ma Ju Ju Au Se Oc No De
Jul $ 13,978 1.06% 7,408
Aug $ 10,998 0.95% 5,224
Sep $ 14,802 0.76% 5,625 Relationship of Advertising Expenseto Click-throughs
Oct $ 14,695 0.83% 6,098 $30,000 10,000
Nov $ 18,489 0.90% 8,320 9,000
Dec $ 13,251 0.71% 4,704 $25,000
8,000
Jan $ 12,360 0.77% 4,759 7,000
$20,000
Feb $ 11,489 0.64% 3,676 6,000
Mar $ 16,489 0.65% 5,359 $15,000 5,000
Apr $ 12,489 0.70% 4,371
4,000
May $ 12,480 0.78% 4,867 $10,000
3,000
Jun $ 24,155 0.63% 7,609
2,000
Jul $ 16,124 0.59% 4,757 $5,000
1,000
Aug $ 22,108 0.70% 7,738
$- -
Sep $ 20,489 0.75% 7,683
Oct $ 21,844 0.68% 7,427
Nov $ 20,848 0.53% 5,525
Advertising Expense Click-throughs Linear (Click-throughs)
Dec $ 18,127 0.71% 6,435
Plant Asset :

Depreciation Method :

YearBeginning Book Value


1 2500
2 2140
3 1780
4 1420
5 1060
6 700
Stiching Machine

Straightline

Annual Depreciation
360
360
360
360
360
360
Original Cost : 2500

Annual Depreciation: 360


Estimated Residental Value 340
Estimated Useful Life : 6

Date Brought: 5-Jan-18

Accumulated DepreciationEnding Book Value


360 2140
720 1780
1080 1420
1440 1060
1800 700
2160 340
Plant Asset :

Depreciation Method :

Year Beginning Book Value


1 2070
2 1790
3 1310
4 830
5 830

Total depreciation divide estimate useful life = straight line


straight line rate multiply by two = double declining balance
Notebook Computer

Straightline

Annual Depreciation
280
480
480
480
200

traight line
ning balance
Original Cost : 2070

Annual Depreciation: 480


Estimated Residental Value: 150
Estimated Useful Life : 5

Date Brought: 12-Jun-18

Accumulated Depreciation Ending Book Value


280 1790
760 1310
1240 830
1720 830
1920 630
Plant Asset :

Depreciation Method :

YearBeginning Book Value


1 2500
2 2140
3 1780
4 1420
5 1060
6 700
Stiching Machine

Straightline

Annual Depreciation
360
360
360
360
360
360
Original Cost : 2500

Annual Depreciation: 360


Estimated Residental Value 340
Estimated Useful Life : 6

Date Brought: 5-Jan-18

Accumulated DepreciationEnding Book Value


360 2140
720 1780
1080 1420
1440 1060
1800 700
2160 340
Plant Asset :

Depreciation Method :

Year Beginning Book Value


1 2070
2 1790
3 1310
4 830
5 830

Total depreciation divide estimate useful life = straight line


straight line rate multiply by two = double declining balance
Notebook Computer

Straightline

Annual Depreciation
280
480
480
480
200

traight line
ning balance
Original Cost : 2070

Annual Depreciation: 480


Estimated Residental Value: 150
Estimated Useful Life : 5

Date Brought: 12-Jun-18

Accumulated Depreciation Ending Book Value


280 1790
760 1310
1240 830
1720 830
1920 630
Plant Asset : Painting Machine

Depreciation Method : Double Declining

Year Beginning Book Value Annual Depreciation


1 THB 27,000.00 THB 13,500.00
2 THB 13,500.00 THB 6,750.00
3 THB 6,750.00 THB 3,375.00
4 THB 3,375.00 THB 2,375.00
Original Cost : 27000

Annual Depreciation: 50%


Estimated Residual Value: 1000
Estimated Useful Life : 4

Date Brought: 6-Jan-18

Accumulated DepreciationEnding Book Value


THB 13,500.00 THB 13,500.00
THB 20,250.00 THB 6,750.00
THB 23,625.00 THB 3,375.00
THB 26,000.00 THB 1,000.00
Plant Asset :

Depreciation Method :

Year Beginning Book Value


1 THB 2,200.00
2 THB 1,320.00
3 THB 792.00
4 THB 475.20
Office Computer

Double Declining

Annual Depreciation
THB 880.00
THB 528.00
THB 316.80
THB 275.20
Original Cost :

Annual Depreciation:
Estimated Residual Value:
Estimated Useful Life :

Date Brought:

Accumulated Depreciation
THB 880.00
THB 1,408.00
THB 1,724.80
THB 2,000.00
2200

40%
200
5

2-Jan-18

Ending Book Value


THB 1,320.00
THB 792.00
THB 475.20
THB 200.00
Plant Asset :

Depreciation Method :

Year Beginning Book Value


1 THB 800.00
2 THB 600.00
3 THB 450.00
4 THB 337.50
5 THB 253.13
6 THB 189.84
7 THB 142.38
8 THB 106.79
Painting Machine

Double Declining

Annual Depreciation
THB 200.00
THB 150.00
THB 112.50
THB 84.38
THB 63.28
THB 47.46
THB 35.60
THB 26.79
Original Cost :

Annual Depreciation:
Estimated Residual Value:
Estimated Useful Life :

Date Brought:

Accumulated Depreciation
THB 200.00
THB 350.00
THB 462.50
THB 546.88
THB 610.16
THB 657.62
THB 693.21
THB 720.00
800

25%
80
8

6-Jan-18

Ending Book Value


THB 600.00
THB 450.00
THB 337.50
THB 253.13
THB 189.84
THB 142.38
THB 106.79
THB 80.00
Plant Asset : Skate Rack

Depreciation Method : Double Declining

YearBeginning Book ValuAnnual Depreciation


1 THB 3,000.00 THB 1,200.00
2 THB 1,800.00 THB 720.00
3 THB 1,080.00 THB 432.00
4 THB 648.00 THB 259.20
5 THB 388.80 THB 188.80
Original Cost : 3000

Annual Depreciation: 40%


Estimated Residual Va 200
Estimated Useful Life 5

Date Brought: 2-Jan-18

Accumulated DepreciEnding Book Value


THB 1,200.00 THB 1,800.00
THB 1,920.00 THB 1,080.00
THB 2,352.00 THB 648.00
THB 2,611.20 THB 388.80
THB 2,800.00 THB 200.00
Plant Asset :

Depreciation Method :

Year Beginning Book Value


1 THB 600.00
2 THB 300.00
3 THB 150.00
4 THB 75.00
Delivery Truck

Double Declining

Annual Depreciation
THB 300.00
THB 150.00
THB 75.00
THB 25.00
Original Cost :

Annual Depreciation:
Estimated Residual Value:
Estimated Useful Life :

Date Brought:

Accumulated Depreciation
THB 300.00
THB 450.00
THB 525.00
THB 550.00
600

50%
50
4

4-Jan-18

Ending Book Value


THB 300.00
THB 150.00
THB 75.00
THB 50.00
Plant Asset :

Depreciation Method :

Year Beginning Book Value


1 THB 75,000.00
2 THB 56,250.00
3 THB 42,187.50
4 THB 31,640.63
5 THB 23,730.47
6 THB 17,797.85
7 THB 13,348.39
8 THB 10,011.29
Office Shredder

Double Declining

Annual Depreciation
THB 18,750.00
THB 14,062.50
THB 10,546.88
THB 7,910.16
THB 5,932.62
THB 4,449.46
THB 3,337.10
THB 2,011.29
Original Cost :

Annual Depreciation:
Estimated Residual Value:
Estimated Useful Life :

Date Brought:

Accumulated Depreciation
THB 18,750.00
THB 32,812.50
THB 43,359.38
THB 51,269.53
THB 57,202.15
THB 61,651.61
THB 64,988.71
THB 67,000.00
75000

25%
8000
8

6-Jan-18

Ending Book Value


THB 56,250.00
THB 42,187.50
THB 31,640.63
THB 23,730.47
THB 17,797.85
THB 13,348.39
THB 10,011.29
THB 8,000.00
Problem Number: Think Like an Accountant, Chapter 3
Student's Name: (Your Name)

Month Advertising
Expense
Click-through
Rate
Click-
throughs
Click-through Rate
1.40%
1.20%
Jan $ 11,448 1.21% 6,926 1.00%
Feb $ 10,486 1.06% 5,558 0.80%
Mar $ 11,737 1.18% 6,925 0.60%
0.40%
Apr $ 12,322 0.99% 6,099
0.20%
May $ 12,396 1.07% 6,632 0.00%
Jun $ 18,947 0.96% 9,095 n b r r y n l g p t v c n b r r y n l g p t v c
Ja Fe Ma Ap Ma Ju Ju Au Se Oc No De Ja Fe Ma Ap Ma Ju Ju Au Se Oc No De
Jul $ 13,978 1.06% 7,408
Aug $ 10,998 0.95% 5,224
Sep $ 14,802 0.76% 5,625 Relationship of Advertising Expenseto Click-throughs
Oct $ 14,695 0.83% 6,098 $30,000 10,000
Nov $ 18,489 0.90% 8,320 9,000
Dec $ 13,251 0.71% 4,704 $25,000
8,000
Jan $ 12,360 0.77% 4,759 7,000
$20,000
Feb $ 11,489 0.64% 3,676 6,000
Mar $ 16,489 0.65% 5,359 $15,000 5,000
Apr $ 12,489 0.70% 4,371
4,000
May $ 12,480 0.78% 4,867 $10,000
3,000
Jun $ 24,155 0.63% 7,609
2,000
Jul $ 16,124 0.59% 4,757 $5,000
1,000
Aug $ 22,108 0.70% 7,738
$- -
Sep $ 20,489 0.75% 7,683
Oct $ 21,844 0.68% 7,427
Nov $ 20,848 0.53% 5,525
Advertising Expense Click-throughs
Dec $ 18,127 0.71% 6,435
Plant Asset : Trademarks

Depreciation Method : Straightline (Linear)

Year Beginning Book VaAnnual Depreciation


1 35000 4375
2 30625 4375
3 26250 4375
4 21875 4375
5 17500 4375
6 13125 4375
7 8750 4375
8 4375 4375
Original Cost : 35000

Annual Depreciation: 4375

Estimated Useful Life : 8

Date Brought: ุุ6/1/2018

Accumulated Depreciation Ending Book Value


4375 30625
8750 26250
13125 21875
17500 17500
21875 13125
26250 8750
30625 4375
35000 0
Plant Asset :

Depreciation Method :

Year Beginning Book Val


1 98000.00
2 84000.00
3 70000.00
4 56000.00
5 42000.00
6 28000.00
7 14000.00
Patent Original Cost :

Annual Depreciation:
Straightline (Linear)
Estimated Useful Life :

Date Brought:

Annual Depreciati Accumulated Depreciat


14000.00 14000.00
14000.00 28000.00
14000.00 42000.00
14000.00 56000.00
14000.00 70000.00
14000.00 84000.00
14000.00 98000.00
98000

14000

4-Jan-18

Ending Book Value


84000.00
70000.00
56000.00
42000.00
28000.00
14000.00
0.00
Plant Asset Record No.
Plant Asset :

Depreciation Method :

Year Beginning Book Valu


2001 $ 550,000.00
2002 $ 495,000.00
2003 $ 445,500.00
2004 $ 400,950.00
2005 $ 360,855.00
2006 $ 324,769.50
2007 $ 292,292.55
2008 $ 263,063.30
2009 $ 236,756.97
2010 $ 213,081.27
2011 $ 191,773.14
2012 $ 172,595.83
2013 $ 155,336.25
2014 $ 139,802.62
2015 $ 125,822.36
2016 $ 113,240.12
2017 $ 101,916.11
2018 $ 91,724.50
2019 $ 82,552.05
2020 $ 74,296.84
270
Mercedes Benz S500 SEL Original Cost :
5.0 ( Executive Sedan )
Annual Depreciation:
Double Declining Estimated Residual Value:
Estimated Useful Life :

Date Brought:

Annual Depreciation Accumulated Depreciation


$ 55,000.00 $ 55,000.00
$ 49,500.00 $ 104,500.00
$ 44,550.00 $ 149,050.00
$ 40,095.00 $ 189,145.00
$ 36,085.50 $ 225,230.50
$ 32,476.95 $ 257,707.45
$ 29,229.26 $ 286,936.71
$ 26,306.33 $ 313,243.03
$ 23,675.70 $ 336,918.73
$ 21,308.13 $ 358,226.86
$ 19,177.31 $ 377,404.17
$ 17,259.58 $ 394,663.75
$ 15,533.62 $ 410,197.38
$ 13,980.26 $ 424,177.64
$ 12,582.24 $ 436,759.88
$ 11,324.01 $ 448,083.89
$ 10,191.61 $ 458,275.50
$ 9,172.45 $ 467,447.95
$ 8,255.20 $ 475,703.16
$ 7,429.68 $ 484,000.00

Mercedes Benz S500 S5.0 Executive SaloonSedan


Plant Asset Record No.
550,000 Plant Asset :

10%
66000.00 Depreciation Method :
20

1-Jan-00

Ending Book Value Year


$ 495,000.00 1997
$ 445,500.00 1998
$ 400,950.00 1999
$ 360,855.00 2000
$ 324,769.50 2001
$ 292,292.55 2002
$ 263,063.30 2003
$ 236,756.97 2004
$ 213,081.27 2005
$ 191,773.14 2006
$ 172,595.83 2007
$ 155,336.25 2008
$ 139,802.62 2009
$ 125,822.36 2010
$ 113,240.12 2011
$ 101,916.11
$ 91,724.50
$ 82,552.05
$ 74,296.84
$ 66,867.16

Sedan
ant Asset Record No. 280
ant Asset : Volvo 970
3.0 ( Executive Sedan )

epreciation Method : Double Declining

Beginning Book Value Annual Depreciation


$ 72,000.00 $ 4,800.00
$ 67,200.00 $ 8,960.00
$ 58,240.00 $ 7,765.33
$ 50,474.67 $ 6,729.96
$ 43,744.71 $ 5,832.63
$ 37,912.08 $ 5,054.94
$ 32,857.14 $ 4,380.95
$ 28,476.19 $ 3,796.82
$ 24,679.36 $ 3,290.58
$ 21,388.78 $ 2,851.84
$ 18,536.94 $ 2,471.59
$ 16,065.35 $ 2,142.05
$ 13,923.30 $ 1,856.44
$ 12,066.86 $ 1,608.92
$ 10,457.95 $ 1,394.39
Volvo 970
Original Cost : 72,000
edan )
Annual Depreciation: 13%
Estimated Residual Valu 10000.00
Estimated Useful Life : 15

Date Brought: 1-Jan-97

Accumulated DepreciatiEnding Book Value


$ 4,800.00 $ 67,200.00
$ 13,760.00 $ 58,240.00
$ 21,525.33 $ 50,474.67
$ 28,255.29 $ 43,744.71
$ 34,087.92 $ 37,912.08
$ 39,142.86 $ 32,857.14
$ 43,523.81 $ 28,476.19
$ 47,320.64 $ 24,679.36
$ 50,611.22 $ 21,388.78
$ 53,463.06 $ 18,536.94
$ 55,934.65 $ 16,065.35
$ 58,076.70 $ 13,923.30
$ 59,933.14 $ 12,066.86
$ 61,542.05 $ 10,457.95
$ 62,936.44 $ 9,063.56
3.0 Executive Sedan
Plant Asset Record No.
Plant Asset :

Depreciation Method :

Year Beginning Book Val


2011 $257.00
2012 $256.80
2013 $256.60
2014 $256.40
2015 $256.20
2016 $256.00
2017 $255.80
2018 $255.60
2019 $255.40
2020 $255.20
2021 $255.00
250
Citizen radio clock Original Cost :
paldream R414( Personal Use )
Annual Depreciation:
Straightline (Linear) Estimated Residual Value:
Estimated Useful Life :

Date Brought:

Annual Depreciation Accumulated Depreciation


$0.20 $0.20
$0.20 $0.40
$0.20 $0.60
$0.20 $0.80
$0.20 $1.00
$0.20 $1.20
$0.20 $1.40
$0.20 $1.60
$0.20 $1.80
$0.20 $2.00
$0.20 $2.20
Citizen radio clock
paldream R414
Plant Asset Record No.
257 Plant Asset :

20%
250 Depreciation Method :
10

1-Jan-10

Ending Book Value Year


$256.80 2009
$256.60 2010
$256.40 2011
$256.20 2012
$256.00 2013
$255.80 2014
$255.60 2015
$255.40 2016
$255.20 2017
$255.00 2018
$254.80 2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
2031
Plant Asset Record No. 260
Plant Asset : Rolex Date Just 18k
Kingsize White - Gold
38MM. ( personal Item )
Depreciation Method : Double Declining

Beginning Book Value Annual Depreciation


$6,700.00 $0.09
$6,699.91 $0.09
$6,699.82 $0.09
$6,699.73 $0.09
$6,699.64 $0.09
$6,699.55 $0.09
$6,699.45 $0.09
$6,699.36 $0.09
$6,699.27 $0.09
$6,699.18 $0.09
$6,699.09 $0.09
$6,699.00 $0.09
$6,698.91 $0.09
$6,698.82 $0.09
$6,698.73 $0.09
$6,698.64 $0.09
$6,698.55 $0.09
$6,698.45 $0.09
$6,698.36 $0.09
$6,698.27 $0.09
$6,698.18 $0.09
$6,698.09 $0.09
$6,698.00 $0.09

Rolex Date Just 18k


Kingsize White - Gold
38MM.
Original Cost : 6,700

Annual Depreciation: 9%
Estimated Residual Value: 6600.00
Estimated Useful Life : 22

Date Brought: 1-Jan-08

Accumulated Depreciation Ending Book Value


$0.09 $6,699.91
$0.18 $6,699.82
$0.27 $6,699.73
$0.36 $6,699.64
$0.45 $6,699.55
$0.55 $6,699.45
$0.64 $6,699.36
$0.73 $6,699.27
$0.82 $6,699.18
$0.91 $6,699.09
$1.00 $6,699.00
$1.09 $6,698.91
$1.18 $6,698.82
$1.27 $6,698.73
$1.36 $6,698.64
$1.45 $6,698.55
$1.55 $6,698.45
$1.64 $6,698.36
$1.73 $6,698.27
$1.82 $6,698.18
$1.91 $6,698.09
$2.00 $6,698.00
$2.09 $6,697.91
Plant Asset Record No.
Plant Asset :

Depreciation Method :

Year Beginning Book


2011 $2,749.00
2012 $2,611.55
2013 $2,089.24
2014 $1,671.39
2015 $1,337.11
2016 $1,069.69
2017 $855.75
2018 $684.60
2019 $547.68
2020 $438.15
2021 $350.52
220
Apple MacBook Pro 15" Retina
Touch Bar, 2.6GHz 6-Core Intel Core
2011 ( Office Use)
Double Declining

Annual Depreciation
$137.45
$522.31
$417.85
$334.28
$267.42
$213.94
$171.15
$136.92
$109.54
$87.63
$70.10
Original Cost : 2749
e Intel Core
Annual Depreciation: 20%
Estimated Residual Value: 200
Estimated Useful Life : 10

Date Brought: 1-Jun-10

Accumulated Depreciation Ending Book Value


$0.20 $2,611.55
$522.51 $2,089.24
$940.36 $1,671.39
$1,274.64 $1,337.11
$1,542.06 $1,069.69
$1,756.00 $855.75
$1,927.15 $684.60
$2,064.07 $547.68
$2,173.60 $438.15
$2,261.23 $350.52
$2,331.34 $280.41

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