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Beaver Construction purchases new equipment for $31200 cash on April 1, 2021. At the time of purchase, the equipment is expected to be used in

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Beaver Construction purchases new equipment for $31200 cash on April 1, 2021. At the time of purchase, the equipment is expected to be used in operations for five years (60 months) and have no resale or scrap value at the end Beaver depreciates equipment evenly over the 60 months ($520/month) Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2021 is so) Complete this question by entering your answers in the tabs below. Required: and 2 Required 3 Record the necessary entries in the Journal Entry Worksheet below. If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet 2 > Record the purchase of equipment, Hoteller General Journal Date Apr 01 Dehid Credit Brief Exercise 3-9 Record the adjusting entry for depreciation (LO3-3) Beaver Construction purchases new equipment for $31200 cash on April 1, 2021. At the time of purchase, the equipment is expected to be used in operations for five years (60 months) and have no resale or scrap value at the end Beaver depreciates equipment evenly over the 60 months ($520/month) Required: 1.82. Record the necessary entries in the Journal Entry Worksheet below 3. Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance on Accumulated Depreciation at the beginning of 202115 $0). OM onces Complete this question by entering your answers in the tabs below. Required and Required Calculate the year and adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2021 is $0) Endino Balance Accumulated depreciation Depreciation expense

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