This assessment addresses the following course objective(s):
- Prepare transactions according to the Generally Accepted Accounting Principles.
- Calculate appropriate inventory and deprecation entries.
- Account for various transactions using industry-standard accounting software.
This assignment will help you get a better understanding of how different methods of deprecation will effect net income with varying Cost of Goods Sold, and the balance sheet with ending inventory values.
- Download AC216 Unit 3 Assignment 3 – Depreciation Methods [Excel Spreadsheet]
- Follow the instructions found in the template
- Rename your spreadsheet adding your last name to the file name (Ex. AC216 Unit 3 Assignment 3 – Depreciation Methods Name)
- Submit your completed spreadsheet
Estimated time to complete: 1 hours