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Chapters 8 and 9 Question 9 of 11 -/15 Presented here are selected transactions for Carla Vista Limited for 2021. Carla Vista uses straight-line depreciation

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Chapters 8 and 9 Question 9 of 11 -/15 Presented here are selected transactions for Carla Vista Limited for 2021. Carla Vista uses straight-line depreciation and records adjusting entries annually. Jan. 1 Sold a delivery truck for $19.440 cash. The truck cost $66,890 when it was purchased on January 1, 2018, and was depreciated based on a four-year useful life with a $6,590 residual value. Sept. 1 Sold computers that were purchased on January 1, 2019. They cost $11.682 and had a useful life of three years with no residual value. The computers were sold for $460 cash. Dec. 30 Retired equipment that was purchased on January 1, 2012. The equipment cost $149,500 and had a useful life of 10 years with no residual value. No proceeds were received. (a) Record the above transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Jan. 1 Chapters 8 and 9 Taunchid=241a9dc5-3b12-45a7-9b42. Question 9 of 11 Record the above transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit -/15 Jan. 1 Cash loss Sept. 1 (To record depreciation expense) 1 tv A Question 9 of 11

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