Please i'm having issuing with the Part b . put in the correct answers in the box?
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Please i'm having issuing with the Part b .
put in the correct answers in the box?
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Crane Productions Ltd. purchased equipment on February 1, 2024, for $41,700. The company estimated the equipment would have a useful life of three years and produce 9,000 units, with a residual value of $8,400. During 2024, the equipment produced 4,000 units. On October 31, 2025, the equipment was sold for $9,500; it had produced 4,000 units that year. (a) Your answer is correct. Record all the necessary entries for the years ended December 31, 2024 and 2025, for the following depreciation methods: (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round the depreciation rate in the double- diminishing balance method to the nearest whole percent, eg. 43% and round depreciation per unit in the units-of-production depreciation method to 2 decimal places, eg. 2.25 and final answers to O decimal places, eg. 5,275) (1) Straight-line Date Account Titles and Explanation 2024 Debit Credit Enh 1 Fouinment 41700 Crane Productions Ltd. purchased equipment on February 1, 2024, for $41,700. The company estimated the equipment would have a useful life of three years and produce 9,000 units, with a residual value of $8,400. During 2024, the equipment produced 4,000 units. On October 31, 2025, the equipment was sold for $9,500; it had produced 4,000 units that year. (a) Your answer is correct. Record all the necessary entries for the years ended December 31, 2024 and 2025, for the following depreciation methods: (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round the depreciation rate in the double- diminishing balance method to the nearest whole percent, eg. 43% and round depreciation per unit in the units-of-production depreciation method to 2 decimal places, eg. 2.25 and final answers to O decimal places, eg. 5,275) (1) Straight-line Date Account Titles and Explanation 2024 Debit Credit Enh 1 Fouinment 41700
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