Mere has the following pantacourts Land. Buildings and Equipment, wth are accumulated depreciation account for each of these except Land Miller completed the following transactions Click the icon to view the tractions) Read Requirement. Record the actions in Marjumal (Record debitsfest the cred. Exclude explanations from any ouma entries Round out to the nearest dollar) Jan Traded in goment with some direction of $65.000 ot of $136.000 for similar new equipment with cash cost of $178.000. Received a trade-n alowance of $75,000 on the old game and paid $100,000 in cash Journal Entry Accounts Debe Credit Jun 30 bing that had a co 600 000 and had med depreciation of 135.000 through December 31 of the preceding year Depreciation is computed on a wine basis. The building has a 40-year standa w of 220.000 Miler received $149,000 cash and a $37.500 otroci store west of the long we must record the depreciation expense for the center Start by journaling depreciation expense one bulding through June 30 Joumal Ery D Accounts DI Choose from a list of other any number in the puts and then content Now record the sale of the building Journal Entry Date Accounts Debit Credit June 30 Oct 31: Purchased land and a building for a single price of $330.000 cash. An independent appraisal valued the land at $90,500 and the building at $271,500. Journal Entry Accounts Date Debit Credit Oct 31 Choose from any list or enter any number in the input fields and then continue to the next question. ter, Inc., has the following plant ist sccounts: Land, Buildings, and Equipment, with a separate accumulated depreciation account for each of these except Land. Miter completed the following transactions: Click the icon to view the transactions) Dead the retirement Dec 3: Equipment has an expected use of 5 years and an estimated residual value of 11% of cost. Depreciation is computed on the double-dining balance method. Prepare the entry to record depreciation on equipment through Joumal Entry Accounts De Debit Credit Det 31 Dec 31: Depreciation on buildings in computed by the stragine method. The new building care a 40-year life and a residual value gual to 20% of its cost Prepare the entry to record depreciation on bulding Round your www The rearest whole number Journal Entry Date Accounts Debit Credit Dec 31 Choose from wy intor me any numbe in ne puts and then continue to the question 0 More Info (Record d of $65,000 Jan 3 try Jun 30 Oct 31 Traded in equipment with accumulated depreciation of $65,000 (cost of $134,000) for similar new equipment with a cash cost of $178,000. Received a trade-in allowance of $75,000 on the old equipment and paid $103,000 in cash. Sold a building that had a cost of $660,000 and had accumulated depreciation of $135,000 through December 31 of the preceding year. Depreciation is computed on a straight-line basis. The building has a 40-year useful life and a residual value of $220,000. Miller received $140,000 cash and a $379,500 note receivable. Purchased land and a building for a single price of $330,000 cash. An independent appraisal valued the land at $90,500 and the building at $271,500. Recorded depreciation as follows: Equipment has an expected useful life of five years and an estimated residual value of 11% of cost. Depreciation is computed using the double-declining balance method Depreciation on buildings is computed using the straight-line method. The new building carries a 40-year useful life and a residual value equal to 20% of its cost. Dec 31 mad accumula h and a $379 stra the deprecie 30. ntry Print Done