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i need it to be answered as soon as possible please Chapter 8 Problem 8-21 or 8-2B Name Units-of- Production Double- Declining- Balance Straight line
i need it to be answered as soon as possible please Chapter 8 Problem 8-21 or 8-2B Name Units-of- Production Double- Declining- Balance Straight line Totals Workapace : machno w is 257, 500 hele lewers) Seluge 20.00 Straight-Line: Units-of-Production: ATL-125.000 UMS near 22. ODS par 2 - 124.600 und Hear3 : 1 00 u year 4-15, 200 unts Double-Declining-Balance: 166 Problem 8-5A Computing and revisine depre 8.5A Computing and revising depreciation, selling plant assets LO C2. P1, P2 vechi company completed the following transactions and events involving its delivery trucks. 2016 Jan. 1 Paid $20,515 cash plus $1,485 in sales tax for a new delivery truck estimated to ha five-year life and a $2,000 salvage value. Delivery truck costs are recorded in the account. Dec. 31 Recorded annual straight-line depreciation on the truck. Coot - saluoje 2017 Dec. 31 Due to new information obtained earlier in the vear, the truck's estimated useful life was changed from five to four years, and the estimated salvate value was increased to $2,400. Recorded annual straight-line depreciation on the truck. 2018 Dec. Dec. 31 Recorded annual straight-line depreciation on the truck. 31 Sold the truck for $5,300 cash. Required: 1-a. Calculate depreciation for year 2017. 1-b. Calculate book value and gain (loss) for sale of Truck on December, 2018. 1-c. Prepare journal entries to record these transactions and events. Chapter 8 Problem 8-5A or 8-5B Name 2016 GENERAL JOURNAL Date Account Titles and Explanation PR 2017 GENERAL JOURNAL Account Titles and Explanation Date PR Debit Credit Supporting work: Chapter 8 Problem 8-SA or 8-5B (Continued) Name 2018 GENERAL JOURNAL Date Account Titles and Explanation PR Dobit credit supporting work
i need it to be answered as soon as possible please
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