NE Exercise 306 Jake's Mechanics owns the following long lived Date Purchased Cost Building January 1, 2014 $79.500 Vehicles December 31, 2017 25,550 Equipment July 1, 2016 12,560 Estimated file 25 years ya 3 years Prepare depreciation adjusting entries for Bake's Mechanics for the yewended December 11, 2001. (Credit articles are ally indented when amount is enteved. De moindent manually. Ir no entry is required, select "No Entry for the account titles and enter for themes.) Date Account Titles and Explanation Det Credit Dec. 31 (To record depreciation expense for building) Dec. 31 To record depreciation expers for vehicles.) Dec. 31 (To record depreciation expense for equipment.) LINK vacy Policy 12000-2020W5oo. Inc. All Reserved. A Dos Inc