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9 10 port The following transactions and adjusting entries were completed by a local delivery company called Fast Delivery. The company uses salohtline depreciation for
9 10 port The following transactions and adjusting entries were completed by a local delivery company called Fast Delivery. The company uses salohtline depreciation for delivery vehicles, double-declining balance depreciation for buidings, and straight-line amortization for franchise rights 2018 January 3 Paid 6173.000 cash to paroase a mall warehouse banding bear the airport, the ballding has an estimated tite of 20 years and a residual value of $3,300. July 1 Paid 130,000 cash to purchase delivery and The von bon estimated useful life of five years and a residual value et 07,600 Otober Tald 1300 cash to paint wall of thon in the warehouse building October 19 Paid $100 ah to get the olt changed in the delivecy van. December 1 a 13.000 oth to begin rating to Ilowry business ceanchis wing the new the or store. The franchise ne spire. La five years. Decent 3 Hecortes depreciation and anorcation on dutivery van, warehouse WL, and tranenia i 2019 A 30 Guld the war taling for $130,006 canh cord the spectacles on the big par to recording Dec 31 seconda delle on the detery and storation Determined that the Franchise it was not trostredie value Required: Prepare the journal entries required on coth of the above dates, ir no entry la required for a transaction/event, select "No Journal Entry Required in the first account field. Do not round intermediate calculations)
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