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12.00 points Chen Company completed the following transactions and events involving its delivery trucks. 2010 Jan. 1 Paid $22,015 cash plus $1,935 in sales tax
12.00 points Chen Company completed the following transactions and events involving its delivery trucks. 2010 Jan. 1 Paid $22,015 cash plus $1,935 in sales tax for a new delivery truck estimated to have a five-year life and a $2,300 salvago value. Delivery truck costs are recorded in the Trucks account Dec. 31 Recorded annual straight-line depreciation on the truck 2011 Dec. 31 Due to new information obtained earlier in the year, the truck's estimated useful Ife was changed from five to four years, and the estimated salvage value was increased to $2,550. Recorded annual straight-line depreciation on the truck 2012 Dec. 31 Recorded annual straight-line depreciation on the truck. Dec. 31 Sold the truck for $5,600 cash. Required: Prepare journal entries to record these transactions and events in the given order. (Round your intermediate calculations and final answers to the nearest dollar amount. Omit the "$" sign in your Date General Journal Debit Credit Jan. 1, 2010 (Click to select) (Click to select) Dec. 31, 2010 (Click to select) Click to select) Dec. 31, 2011 to select) (Click to Dec, 31, 2012 (Click to select) Click to select) Dec. 31, 2012 (Click to select) (Click to select) (Click to select) Click to select)
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