Activity 11.

AMORTIZATION OF ASSETS

According to the balance sheet of MOTORLUX, SA, the company's assets are made up
of:

- Office furniture acquired on June 10 of the previous year for a net invoice value of
6,000 euros

- Management software valued at 1,000 euros according to invoice dated October 1 of

the previous year.

- A van for the collection and delivery of spare parts valued at 22,000 euros and
acquired on March 25 of the previous year

Based on all the information you know about MOTORLUX, record the amortization
installment entries for the CURRENT YEAR (ONLY FOR THE CURRENT YEAR, THE
AMORTIZATION ENTRIES FOR THE PREVIOUS YEAR ARE NOT MADE), knowing that:

- All items are amortized according to the straight-line depreciation method and have
no residual value.

- Office furniture is depreciated according to the annual coefficient of 10%.

- Computer systems and programs are amortized according to the annual coefficient of
33%.

- Van is depreciated according to the annual coefficient of 10%.

Furniture Amortization Table

ANNU AMORTIZATI
YEA AMORTIZAB AMORTIZATI AL ON EARRING
R LE VALUE ON RATIO QUOT ACCUMULATE AMORTIZE
A D
20X1 6.000 10% 600 600 5.400
20X2 5.400 10% 600 1.200 4.800
20X3 4.800 10% 600 1.800 4.200
20X4 4.200 10% 600 2.400 3.600
20X5 3.600 10% 600 3.000 3.000
20X6 3.000 10% 600 3.600 2.400
20X7 2.400 10% 600 4.200 1.800
20X8 1.800 10% 600 4.800 1.200
20X9 1.200 10% 600 5.400 600
20X10 600 10% 600 6.000 0
Seat for furniture

1 600,00 681 Amortization of t Accumulated 281 600,00

Property, Plant o Amortization of
and Equipment Property, Plant and
(Furniture) Equipment
(furniture)

Amortization Table Computer Systems

ANNU
YEA AMORTIZAB AMORTIZATI AL AMORTIZATION EARRING
R LE VALUE ON RATIO QUOT ACCUMULATED AMORTIZE
A
20X1 1.000,00 33% 333,33 333,33 666,67
20X2 666,67 33% 333,33 666,66 333,34
20X3 333,34 33% 333,34 1.000,00 0,00

Nod for computer systems

2 333,33 681 Amortization of t Accumulated 281 333,33

Property, Plant o Amortization of
and Equipment Property, Plant and
(Computer Equipment
Systems) (Computer
Systems)

Van Amortization Table

ANNU
YEA AMORTIZAB AMORTIZATI AL AMORTIZATION EARRING
R LE VALUE ON RATIO QUOT ACCUMULATED AMORTIZE
A
20X1 22.000 10% 2.200 2.200 19.800
20X2 19.800 10% 2.200 4.400 17.600
20X3 17.600 10% 2.200 6.600 15.400
20X4 15.400 10% 2.200 8.800 13.200
20X5 13.200 10% 2.200 11.000 11.000
20X6 11.000 10% 2.200 13.200 8.800
20X7 8.800 10% 2.200 15.400 6.600
20X8 6.600 10% 2.200 17.600 4.400
20X9 4.400 10% 2.200 19.800 2.200
20X10 2.200 10% 2.200 22.000 0

Nod for computer systems

2 2.200,00 681 Amortization of t Accumulated 281 2.200,00

Property, Plant o Amortization of
and Equipment Property, Plant and
(Van) Equipment (Van)