Linton company purchased a delivery truck for $34,000 on January 1, 2027. the truck has an expected salvage value of $2,000 and is expected to be driven 100,000 miles over its estimated useful life of 8 years. actual miles driven were 15,000 in 2027 and 12,000 in 2028

-prepare the journal entry to record 2027 depreciation expense

Assume that Linton uses the straight line method. show how the truck would be reported on December 31, 2027, and the balance sheet

Assume that Linton uses the straight-line method. Prepare the journal entry to record 2027 depreciation expense. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) Assume that Linton uses the straight-line method. Show how the truck would be reported in the December 31, 2027, balance sheet. Linton Company purchased a delivery truck for $34,000 on January 1, 2027. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2027 and 12,000 in 2028