CALCULATOR FULL SCREEN PRINTER VERSION BACK Exercise 9-9 Presented below are selected transactions at Ridge Company for 2015. Jan 1 June 30 Retired a piece of machinery that was purchased on January 1, 2005. The machine cost $60.180 on that date. It had a useful life of 10 years with no salvage value. Sold a computer that was purchased on January 1, 2012. The computer cost $35,610. It had a useful life of 5 years with no salvage value. The computer was sold for $15,640. Discarded a delivery truck that was purchased on January 1, 2011. The truck cost $33,530. It was depreciated based on a 6-year useful life with a $2.570 salvage value Dec. 31 Journalize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Ridge Company uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2014.) If no entry is required, select "No entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is enterer. Do not indent manually.) Date Account Titles and Explanation Debit Credit (To record depreciation to date of disposal) SAMSUNG ent CALCULATOR FULL SCREEN PRINTER VERSION BACK (To record depreciation to date of disposal) June 30 (To record sale of computer at a gair loss) Dec. 31 (To record depreciation to date of disposal) Dec. 31 (To record retirement of equipment at a g loss) Question Attempts: 0 of 2 used SAVE FOR LATE SUBMIT ANSWER pely Policy 2000-2020ohn W . Sons Inc. All Reserved. All of John w a rna Version 4.2.1964 SAMSUNG