Question

In: Accounting

Sullivan ranch corporation has purchased a new tractor and has provided the information related to the purchase

EXCEL

Sullivan ranch corporation has purchased a new tractor and has provided the information related to the purchase. the controller has asked you to calculate the depreciation for the new piece of equipment using different methods. straight-line depreciation, units of production depreciation, snd double-declining balance depreciation. use the information included in the excel simulation and EXCEL FUNCTION FORMULAS described below to complete the task.



Workbook Views Show Zoom Macros ✓ fx Sullivan Ranch Corporation has purchased a new tractor. The following Sullivan Ranch Cor

Assignment i Saveu в Total $ 140,000 25 Prepare the following Units-of-Production depreciation schedule by entering formulas.

B C Total $ 140,000 25 Prepare the following Units-of-Production depreciation schedule by entering formulas. 26 Use absolute

Excel Assignment Help Sav Prepare the following Double-Declining-Balance depreciation schedule by using the Excel DDB FUNCTIO


Solutions

Expert Solution

Answer is given below

For excel formulas Screen shot is given

For units of production method absolute reference is used and for DDB method - DDB formula in excel has been used.

Screen shots given for both.


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