Reference no: EM132246684
Discussion 1: Prior to beginning work on this discussion, read Chapter 10 in the textbook. In addition, the MyLab materials listed in the Recommended Resources section this week may provide more in-depth information for this discussion (optional).
Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate.
• What are the three methods of depreciation?
• Develop a chart using an example of your choice and calculate the depreciation for 4 years.
• How do the three methods affect the income statement and the balance sheet?
Guided Response: Respond to at least two of your classmates by commenting on their posts. Though two replies are the basic expectation for class discussions, for deeper engagement and learning you are encouraged to provide responses to any comments or questions others have given to you. Continuing to engage with peers and the instructor will further the conversation and provide you with opportunities to demonstrate your content expertise, critical thinking, and real-world experiences with the discussion topics.
Attendance Notification: To meet attendance requirements in this class, you must post to the discussion board at least once every 7 days. Completing work in MyAccountingLab does not count as attendance.
Discussion 2: Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.
Disposal of Plant Assets [WLOs: 1, 2, 3, 4] [CLOs: 1, 2, 6]
Prior to beginning work on this discussion, read Chapter 10 in the textbook. In addition, the MyLab materials listed in the Recommended Resources section this week may provide more in-depth information for this discussion (optional).
Write: Make sure your response addressing the following questions is more than 200 words and that you include an in-text citation or a brief quote from the reading material where appropriate.
• How are disposals of plant assets accounted for?
• How are natural resources and intangible assets accounted for? Why is this important?
Guided Response: Respond to at least two of your classmates by commenting on their posts. Though two replies are the basic expectation for class discussions, for deeper engagement and learning you are encouraged to provide responses to any comments or questions others have given to you. Continuing to engage with peers and the instructor will further the conversation and provide you with opportunities to demonstrate your content expertise, critical thinking, and real-world experiences with the discussion topics.