Question
John enterprise sells the truck purchased in January of 2019 for $10,000. Tip: Remember to make required depreciation entries for the first 11 mos of
John enterprise sells the truck purchased in January of 2019 for $10,000. Tip: Remember to make required depreciation entries for the first 11 mos of 2022.
Date Purchased:1/1/19
Purchase cost: 32,000
Depreciation: Double Declining
EUL: 5
Could you journalize this for me. the current month is December 2022.
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Okay lets journalize the sale of the truck purchased by John Enterprise on January 1 2019 Given info...
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
