Beaver Construction purchases new equipment for $36,000 cash on April 1, 2021. At the time of purchase, the equipment is expected to be used in operations for six years (72 months) and have no resale or scrap value at the end. Beaver depreciates equipment evenly over the 72 months ($500 month). Required: 1&2. 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 $0). Complete this question by entering your answers in the tabs below. + Required: and 2 Required 3 3 ence: Record the necessary entries in the Joumal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required in the first account field.) View transaction Bat Journal entry worksheet Record the purchase of equipment. Enter debit bere credits General Journal Date April 01 Debit Credit Beaver Construction purchases new equipment for $36.000 cash on April 1. 2021. At the time of purchase, the equipment is expected to be used in operations for six years (72 months) and have no resale or scrap value at the end, Beaver depreciates equipment Grenly over the 72 months ($500 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 $0). 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 but Journal entry worksheet Record adjusting entry on December 31. Ninterestits core ces General Journal Debit Date December 31 Credit Beaver Construction purchases new equipment for $36.000 cash on April 1, 2021. At the time of purchase, the equipment is expected to be used in operations for six years (72 months) and have no resale or scrap value at the end. Beaver depreciates equipment evenly over the 72 months ($500/month). Required: 1.&2 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 $0). Complete this question by entering your answers in the tabs below. Required: and 2 Required 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 $0). Ending Balance Accumulated depreciation Depreciation expense