Complete this question by entering your answers in the tabs below. Prepare the journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No Joumal Entry Required "in the first account field.) Journal entry worksheet Record the depreciation and amortization expense on the bulldozer and computer software for the quarter ended March 31. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amortization, If any, that Precision Construction should report for the quarter ended March 31. The equipment is depreciated using the double-declining-balance method with a useful life of five years and $3,000 residual value. The licensing right is amortized using the straight-line method with a useful life of two years and no residual value. (Do not round intermediate calculations.) Required information PA9-3 (Algo) Analyzing and Recording Long-Lived Asset Transactions with Partial-Year Depreciation [LO 9-2, LO 9-3, LO 9-6] The following information applies to the questions disployed below) Preciston Construction entered into the following transactions during a recent ycae lincrease the bulldarep's eperating efficimey. PA9-3 (Algo) Part 1-b to 3 1-b. Prepase the journal entries for each of the above traasactions. 2. For the tangitle and intangible issets acquired in the preceding transactions, determine the amount of depreciabion and amortization, if any. that Precition Construction should repoet for the quarter ended March 31 . The equapment is depeclated using the double-declining bolance method with a useful life of twe years and $53,000 residual value. The icensing right is amortized using the straight tine method with a usefulife of two years and no restdual value. Complete this question by entering your answers in the tabs below. Prepare the journal entries for each of the above transactions. (If no entry is required for a transaction/event, select "No Joumal Entry Required "in the first account field.) Journal entry worksheet Record the depreciation and amortization expense on the bulldozer and computer software for the quarter ended March 31. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. For the tangible and intangible assets acquired in the preceding transactions, determine the amount of depreciation and amortization, If any, that Precision Construction should report for the quarter ended March 31. The equipment is depreciated using the double-declining-balance method with a useful life of five years and $3,000 residual value. The licensing right is amortized using the straight-line method with a useful life of two years and no residual value. (Do not round intermediate calculations.) Required information PA9-3 (Algo) Analyzing and Recording Long-Lived Asset Transactions with Partial-Year Depreciation [LO 9-2, LO 9-3, LO 9-6] The following information applies to the questions disployed below) Preciston Construction entered into the following transactions during a recent ycae lincrease the bulldarep's eperating efficimey. PA9-3 (Algo) Part 1-b to 3 1-b. Prepase the journal entries for each of the above traasactions. 2. For the tangitle and intangible issets acquired in the preceding transactions, determine the amount of depreciabion and amortization, if any. that Precition Construction should repoet for the quarter ended March 31 . The equapment is depeclated using the double-declining bolance method with a useful life of twe years and $53,000 residual value. The icensing right is amortized using the straight tine method with a usefulife of two years and no restdual value
