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journal entries please help thank you The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphies International. The company uses

journal entries please help thank you
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The following transactions and adjusting entries were completed by a paper-packaging company called Gravure Graphies International. The company uses straight-line depreciation for trucks and other vehicles, double-declining-balance depreciation for buildings, and straight-line amortization for patents. 3anuary 2, 2020 Paid $85,000 cash to purchase storage shed components. January 3, 2020 Paid $5,090cash to have the storage shed erected. The storage shed has an estimated 1 ife of 10 year and a Apri1 1, 2020 residual value of 58,900 May 13, 202e Paid $699 cash for minon repairs to the pickup truck's upholstery. July 1, 2020 Paid $30,009 cash to porchase patent rights on a new paper bag manufacturing process. The patent is estinated to have a renaining useful life of five years. Decenber 31, 2028 Reconded-depreciation and amortization on the pickup truck, storage shed, and patent. June 30,2021 Sold the pickup truck for $35, eee cash. (Recond the depreciation on the truck prior to recording its disposal.) Deceaber 31, 2021 Recorded depreciation on the storage shed. Recorded the patent anortization. After recording the patent amortization, determined that the patent was impaired and wrote off its renaining book value (i.e., wrote down the book value to zero). Required: Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field. Do not round intermediate calculations.) Entry Required" in the first account field. Do not round intermediate calculations.) Entry Required" in the first account field. Do not round intermediate calculations.) Note: Enter debits before credits. Entry Required" in the first account field. Do not round intermediate calculations.) Note: Enter ebits before credits. Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet 6 7 8 Record the repairs of $600 to the pickup truck. Note: Enter debits before credits. Entry Required" in the first account field. Do not round intermediate calculations.) Entry Required" in the first account field. Do not round intermediate calculations.) Journal entry worksheet 1 2 8 12 Record the depreciation and amortization expense on the pickup truck, storage shed and patent for the year. Note: Enter debits before credits. Entry Required" in the first account field. Do not round intermediate calculations.) Entry Required" in the first account field. Do not round intermediate calculations.) Entry Required" in the first account field. Do not round intermediate calculations.) Note: Enter debits before credits. Entry Required" in the first account field. Do not round intermediate calculations.) Note: Enter debits before credits. Entry Required" in the first account field. Do not round intermediate calculations.) Note: Enter debits before credits. Entry Required" in the first account field. Do not round intermediate calculations.) Note: Enter debits before credits

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