3 Puerto Required information The following information applies to the questions displayed below) Randy's Restaurant Company (RRC) entered into the following transactions during a recent year Ari 1 turned quipment (walt-in cooler) for 67,100 by paying 13,100 cash and liste 35,100 note due in six month. pet the parent by replacing the conditioning weten te the wall cooler). cost of $4,100. parehased on account. April 30 wrote a check for the amount sved on out for the work completed on April 2. May 1 A local carpentry company repaired the restaurants front door. for which wrote a check for the full s. rad 111,765 cash for the tee the more concept created by different taurant that has been cal in the regio Required a. Complete the table below, indicating the account, amount and direction of the effect for the above transactions, inter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign) May 1 4 Required information (The following information applies to the questions played below) Randy's Restaurant Company (RRC) entered into the following transactions during a recent year Aril Purchased out is cooler) fu 7.200 y 12.10 35.180 note din i. Maced them by replacing the second Line in the tot 86.100, pued t. ATLI 30 Lachen For the tree the work completed May Aldeal carpentry company read the rest of door for CW the full ajo cot. * Paid 1,60 cash for the right to the need to created by diftere FLERE that has been the regio 1-. Prepare the journal entries for each of the above transactions 2. For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amortization that Randy's Restaurant Company should report for the quarter ended June 30. Equipment is depreciated using the straight-line method with a useful life of five years and no residual value. The RRC franchise right is amortized using the sughi line method with a useful life of four years and no residual value 3. Prepare a journal entry to record the depreciation and amortization calculated in requirement 2. amortization that Randy's Restaurant Company should report for the quarter ended June 30. Equipment is deprecated in the straight-line method with a useful fe of five years and no residual value. The RRC franchise night is amortized using the sight line method with a useful life of four years and no residual value 3. Prepare a journal entry to record the depreciation and amortization calculated in requirement 2. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Red) For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amortization that Randy's Restaurant Company should report for the quarter ended June 30, topment is deprecated using the straight-line method with a useful life of five years and no residual value. The RRC franchise night is amortized using the straight-line method with a useful ife of four years and no residual value. Do not found intermediate calculations) Partial Year Equipment Franchise Rights Re 10 4 Required information Part 2 of 2 Record the depreciation and amortization expenses on the walk-in cooler and franchise rights for the quarter ended June 30. oints Note: Enter debits before credits Debit Cred Date March 31 General Journal Depreciation Expense Print References Record entry Clear entry View general journal