ExcelTemplate for Chapter 8 (8-38 and 49)

P.8-38 Cost of Convention Oven34000Straight Line Depreciation ScheduleDouble Decling Balance Schedule Residual Value2000PeriodAnnual Dep. Exp.Accum. Dep. Exp.Book ValuePeriodAnnual Dep.Exp.Accum.Dep.Exp.Book Value Useful Life Years500034,00000034,000 16400640027,6001136001360020,400 Annual Deprecition Expense (%)40%264001280021,200281602176012,240 for DDB364001920014,80034896266567,344 46400256008,40042938295944,406 56400320002,00051763313562,644 MDDB Journal Entries@Sales5240632000$2,000.00 Cash20000 Acc.dep.exp19200 Equipment$34,000.00 Gain on sale o $5,200.00 Journal Entries@Sales Cash10000 Acc.dep.exp19200 loss on sale of asset4800 Equipment34000