Capital expenditure and depreciation Instructions Chart of Accounts Journal Instructions Willow Creek Company purchased and installed carpet in its new general offices on April 30 for a total cost of $9,576. The carpet is estimated to have a 14-year useful life and no residual value A. Prepare the journal entry necessary for recording the purchase of the new carpet. Refer to the Chart of Accounts for exact wording of account titles. B. Record the December 31 adjusting entry for the partial-year depreciation expense for the carpet, assuming that Willow Creek Company uses the straight line method. Refer to the Chart of Accounts for exact wording of account titles. Check My Work 2 more Check My Work uses remaining, Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Gra 200 AI Capital expenditure and depreciation Instructions Chart of Accounts Journal Instructions Journal A. Prepare the journal entry necessary for recording the purchase of the new carpet. Refer to the Chart of Accounts for exact wording of accountities PAGE 1 ACCOUNTING EQUATION JOURNAL OBIT CREDIT ASSETS LIABILITIES POSTER EQUITY DESCRIPTION DATE 1 B. Hecord the December 31 adjusting entry for the porsal year depreciation expense for the cupet, assuming that Willow Creek Company uses the straighine method. Rotor de Chart of Anunt avant wait ok Print Item Calculator apital expenditure and depreciation Instructions Chart of Accounts Journal E Instructions Journal B. Record the December 31 adjusting entry for the partial-year depreciation expense for the carpet, assuming that Willow Creek Company uses the straight-line method. Refer to the Chart of Accounts for exact wording of account titles. PAGE 2 JOURNAL ACCOUNTING EQUATION DATE POTRE DEBIT CREDIT ASSETS LIABILITIES EQUITY DESCRIPTION Adjusting Entries 2 Previous Next Check My Work 2 more Check My Work uses remaining