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Big Rig Delivery Service has the following plant assets: Communications Equipment: Cost, $5,760 with useful life of 8 years; Delivery Equipment: Cost, $18,000 with useful
Big Rig Delivery Service has the following plant assets: Communications Equipment: Cost, $5,760 with useful life of 8 years; Delivery Equipment: Cost, $18,000 with useful life of 12 years; and Computer: Cost, $12,960 with useful life of 4 years. Assume the residual value of all the assets is zero and the straight line method is used. Big Rig's monthly depreciation journal entry will include a OA. debit to Accumulated Depreciation Equipment of $455 B. credit to Depreciation Expense Equipment of $5,460 C. credit to Accumulated Depreciation - Equipment of $455 D. debit to Depreciation Expense Equipment of $5,460 -
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