Activity Context

Revisit the MBA6014 Course Alignment Map to review how all activities assist you in achieving the course competencies and overall program outcomes.

Activity Instructions

For this assignment, you will prepare a bank reconciliation and the related journal entries required through the reconciliation process.

Complete P6-6 (page 317) and CP6-2 (page 322) from Chapter 6 of your Financial Accounting textbook.

Submission Requirements

All quantitative assignments must be completed on the Microsoft Excel templates provided. Create one workbook with multiple tabs, copying each problem’s template onto a separate tab and completing the work there. Submit this single file in the assignment area. Include your name and the assignment number in the file name; also include your name and the problem number on each tab of the document. All work should be shown. Assignments must not be submitted as a PDF.

Refer to the scoring guide for this assignment to ensure that you meet the grading criteria. Note that one scoring guide is used to evaluate both of the problems in this assessment; each criterion in the scoring guide relates to one or both of the problems here.

Calculate the amount of depreciation expense that Evers should record for Machine B each year of its useful life under the following assumptions. (Round final answers to 0 decimal places, e.g. 2,125.)

(1) Evers uses the straight-line method of depreciation.
(2) Evers uses the declining-balance method. The rate used is twice the straight-line rate.
(3) Evers uses the units-of-activity method and estimates that the useful life of the machine is 174,800 units. Actual usage is as follows: 2015, 61,900 units; 2016, 47,700 units; 2017, 35,800 units; 2018, 29,400 units.  

2015

2016

2017

2018

Straight-line method $ $ $ $Declining-balance method $ $ $ $Units-of-activity method $ $ $ $