Assume Trusty Transport Lid's balance sheet includes the following assets under Property, Plans and Equipment Land Badings, and Motor Cartier Emuipment. Trusty has a separate accumulated depreciation Bocount for each of these assets except land. Further, assume that Trusty completed the following transactions Click the loon to view the transactions.) Requirements 1. Record the transactions in Trusty Transport Lidsjournal 2. How does management choose which depreciation method to use? 0 Transactions Data De Accounta 2 Cash Accumulated Depreciation Motor Caner Equiment Gamon Sale of Motor Carrier Equipment fold Record the purchase of the new motor camer equiment Journal Entry Date Account 2020 Jan 2 Sodor-camerement will come depreciation of $70,600 foot of $135.000 for $65.000 Puch went with a cash price $107.000 Soda bulding that had cont 5670,000 and had comid depreciation of 560.000 h December 31 of the preceding year Depreciation is computed on into the building had a 40-year and are value of 1220.000. Teed 5104.000 cash and a 400,375 receivabi Out Purchased wing for a single price of $420,000. An independent de 5153.000 he building at $300.000 Deo Recorded as follows www.creased years and mo cost on is computed in the cethod Doctor buy the white method The new bu saya sudaron os con Det Jan Choose from any intorerte any number in the inputs and then Assume Trusty Transport Lid's balance sheet includes the following assets under Property, Plans and Equipment Land Badings, and Motor Cartier Emuipment. Trusty has a separate accumulated depreciation Bocount for each of these assets except land. Further, assume that Trusty completed the following transactions Click the loon to view the transactions.) Requirements 1. Record the transactions in Trusty Transport Lidsjournal 2. How does management choose which depreciation method to use? 0 Transactions Data De Accounta 2 Cash Accumulated Depreciation Motor Caner Equiment Gamon Sale of Motor Carrier Equipment fold Record the purchase of the new motor camer equiment Journal Entry Date Account 2020 Jan 2 Sodor-camerement will come depreciation of $70,600 foot of $135.000 for $65.000 Puch went with a cash price $107.000 Soda bulding that had cont 5670,000 and had comid depreciation of 560.000 h December 31 of the preceding year Depreciation is computed on into the building had a 40-year and are value of 1220.000. Teed 5104.000 cash and a 400,375 receivabi Out Purchased wing for a single price of $420,000. An independent de 5153.000 he building at $300.000 Deo Recorded as follows www.creased years and mo cost on is computed in the cethod Doctor buy the white method The new bu saya sudaron os con Det Jan Choose from any intorerte any number in the inputs and then