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Calculator Instructions Chart of Accounts Analysis General Journal Instructions Prior to adjustment at the end of the year, the balance in Trucks is $300,900 and

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Calculator Instructions Chart of Accounts Analysis General Journal Instructions Prior to adjustment at the end of the year, the balance in Trucks is $300,900 and the balance in Accumulated Depreciation-Trucks is $88.200. Details of the subsidiary ledger are as follows: Estimated Accumulated Depreciation Miles Operated Estimated During Year Residual Value Useful Life at Beginning of Year Cost Truck No. 30,000 300,000 $100,000 $13,000 300,000 $60.000 25,000 72,900 9,900 45,000 200.000 8.050 38,000 3,000 3 40,000 20.150 200,000 13,000 90,000 4 Required: (1) Based on the units-of-output method, determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year Round rate per mile answers to one decimal place Refer to the Chart of Accounts for exact wording of account titles Journalize the entry to record depreciation for the year (2) Analysis Pr $8 Based on the units-of output method, detemine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated duning the current year. Round rate per mile answers to one decimal place. Truck No. Rate per Mile Miles Operated Depreciation 1 $ cents 2 cents 3 cents 4 cents Total Ba the Chart of Accounts for exact wording of Journalize the entry to record depreciation for the year on December 31. Refer to de account titles on T PAGE 1 JOURNAL DESCRIPTION CREDIT POST. REF DEBIT DATE 4:08 PM 6/30/2019

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