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eAssignment/takeAssignmentMain.do?invoker-assign nments&takeAssignmentSessionLocator ass Show Me How Calculator Print item ook art of Accounts Journal Quality Move Company made the following expenditures on one of its
eAssignment/takeAssignmentMain.do?invoker-assign nments&takeAssignmentSessionLocator ass Show Me How Calculator Print item ook art of Accounts Journal Quality Move Company made the following expenditures on one of its delivery trucks: Mar. 20 Replaced the transmission at a cost of $1,720 June 11 Paid $1,255 for installation of a hydraulic lift Nov. 30 Paid $55 to change the oil and air fiter Prepare journal entries for each expenditure. Refer to the Chart of Accounts for exact wording of account titles ck My Work 2 more Check My Work uses remaining ghmenstssiontocatorFissighmenctikeckinprogressfalse eBook Calculator Print item Capital expenditure and depreciation Journal Instructions Willow Creek Campany purchased and installed carpet in its new general offices on April 30 for a total cost of $27,504 The carpet is estimated to have a 12-year usetu ife 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 B Record the December 31 adjusting entry for the partialyeardepreciation expense for the carpet assuming that Willow Creek Company uses the stcalobit ine method Refer to the Chart of Accounts for exact wording of account otes heck My Work 2 more Check My Work uses temaining Previous Ne eBook Show Me How Print item Entries for Sale of Fixed Asset Equipment acquired on January 8 at a cost of $200,200, has an estimated useful life of 20 years, has an estimated residual value of $8,400, and b depreciated by the straight-line method. a. What was the book value of the equipment at December 31 the end of the fourth year? b. Assuming that the equipment was sold on April 1 of the fifth year for 152,962 1. Jurnalize the entry to record depreciation for the three months until the sale date. Round your answers to the nerest whole dollar if required 2. Journalize the entry to record the sale of the equipment. If an amount box does not require an entry, leave it blank. Do not round intermediate calculations. Check Hy Work 2 more Check My Work uses temaining PreviousNext 1115 PM
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