Compute deprediation expense for 2020 and 2021 using (1) the straight-line method, (2) the units-of-activity method, and (3) the do depreciation c0st per unit to 2 decimal places, e.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15 %. Round fina Depreciation Expense 2021 2020 2550 2550 (1) Straight-line method 3200 3575 (2) Units-of-activity method 4320 5400 (3) Decining-balance method SHOW ANSWER SHOW SOLUTION SHOW LIST OF ACCOUNTS LINK TO TEEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attem (b1) Your answer is partially correct. Try again. Assume that Bridgeport uses the straight-line method. Prepare the journal entry to record 2020 depreciation. (Credit account titles entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amou to search I0 144 % & 7 3 5 E T Y U RC 4 LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by you (b1) Your answer is partially correct. Try again. Assume that Bridgeport uses the straight-line method. Prepare the journal entry to record 2020 depreciation. (Credit acce entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 fow 2,125.) Account Titles and Explanation Debit Credit Depreciation Expense 5000 Machine 5000 By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your ir Attemp rch fs 144 # $ 4 % 5 & 6 7 CO CALCRATOR PRINTER Exercise 10-07 a1-b2 (Part Level Submission) Bridgeport Company purchased a delivery truck for $27,000 on January 1, 2020. The truck has an expected salvage value of $1,500, and is expected to be driw its estimated useful ife of 10 years. Actual miles driven were 12,800 in 2020 and 14,300 in 2021 la1) t Your answer is correct Calculate depreciation expense per mile under units-of activity method. (Round answer to 2 decimal places, eg, 0.50.) 0.25 per mile Deprediation expense tudy SHOW LIST Or ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO EXT By accessing this Question Assistance, you will learm while you eam points based on the Point Potential Policy set by your instructor Attempts: I of 6 used (az) Compute depreciation expense for 2020 and 2021 using (3) the straight-ine method, (2) the units-of-activity method, and (3) the double-declining-balance method. & depreciation cost per unit to 2 decimal places e.g. 0.50 and depreciation rate to 0 decimal places, e.g. 15 . Round final answers to 0 decimal places Depreciation Expense 2020 2021 ( ^U6 R4 pe here to search hp 144 % & 7 2 4 5 W E R T U P S D F G K L C V C0 LL
