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    Answers To Audit Questions 7 A

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    Nelin Barandino
    This document contains answers to audit questions including amounts for assets, liabilities, equity, dates, percentages, and depreciation expense and accumulated depreciation entries for vehicles, office equipment, and office furniture using the double-declining balance depreciation method.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Answers To Audit Questions 7 A

    Uploaded by

    Nelin Barandino
    12 views1 page
    This document contains answers to audit questions including amounts for assets, liabilities, equity, dates, percentages, and depreciation expense and accumulated depreciation entries for vehicles, office equipment, and office furniture using the double-declining balance depreciation method.

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    Answers

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    Answers to Audit Questions 7 A

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    This document contains answers to audit questions including amounts for assets, liabilities, equity, dates, percentages, and depreciation expense and accumulated depreciation entries for vehicles, office equipment, and office furniture using the double-declining balance depreciation method.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    12 views1 page

    Answers To Audit Questions 7 A

    Uploaded by

    Nelin Barandino
    This document contains answers to audit questions including amounts for assets, liabilities, equity, dates, percentages, and depreciation expense and accumulated depreciation entries for vehicles, office equipment, and office furniture using the double-declining balance depreciation method.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    NELIN D.

    BARANDINO

    Answers to Audit Questions 7-A

    1. $1500.00
    2. $400.00
    3. $174,458.49
    4. 11/10/18
    5. $65.30
    6. $252.67
    7.

    Debit Credit
    Dep’n. Expense Vehicles $1,076.25
    Accum. Dep’n. Vehicles $1076.25
    Dep’n Expense Office Equip. $1,652.11
    Accum. Dep’n. Office Equip. $1,652.11
    Dep’n Expense Office Furniture $277.23
    Accum. Dep’n. Office furniture $277.23

    8. $7433.99
    9. 8.85%
    10. $362,663.31
    11. $286,529.57
    12. Double-declining-balance method
    13. Double-declining-balance method

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