Depreciation by units$-$of$-$activity method

Prior to adjustment at the end of the year, the balance in Trucks is $$403,600$ and the balance in Accumulated Depreciation$-$Trucks is $$127,120.$ Details of the subsidiary ledger are as follows:

places. Enter all values as positive amounts.

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b$.$ Journalize the entry on December $31$ to record depreciation for the year. If an amount box does not require an entry, leave it blank.

December $31$

Depreciation Expense$-$Trucks

Accumulated Depreciation$-$Trucks

$$

$-$

Accumulated Depreciation$-$Trucks

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Remember that the company journalizes the depreciation of the trucks as one asset.

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Partially correct