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is Prior to adjustment at the end of the year, the balanon in Trucks is $300,238 and the balance in Accumulated Depreciation --Trucks lo 5102,250
is Prior to adjustment at the end of the year, the balanon in Trucks is $300,238 and the balance in Accumulated Depreciation --Trucks lo 5102,250 Details of the subsidiary lodger are as follow Truck No Cost 1 $83.168 Estimated Residual Value Useful Life $15,100 245,600 miles 6.170 303,400 miles 13.690 201.800 miles 22.920 236.400 min Accumulated Depreciation at Miles Operated Beginning of Year Touring Your 20,000 miles 514,610 33.200 miles 61.470 8,200 miles 25,170 22,000 miles 2 48,046 3 76,248 91.476 4 A Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year Round the rate per mile to two decimal places and credit to accumulated depreciation to the nearest dollar 8. Journalize the entry on Dec. 31 to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account los A Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated curing the current year. Round the rate per mile to two decimal places and credit to accumulated depreciation to the nearest dollar Truck No: Rato per Milo Miles Operated Credit to Accumulated Depreciation 1 5 20,000 2 33,200 3 8.200 4 22,900 Total B Joumalize the entry on Dec. 31 to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account bites Question not attempted. PAGE JOURNAL Score: 0/25 ACCOUNTING EQUATION DATE POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY DESCRIPTION Adjusting Entries 1
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