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need 1a 2a 3a and 4a solved please PE9-1A Capital and revenue expenditures On August 7, Green River Inflatables Co. paid $1,675 to install a

image text in transcribedneed 1a 2a 3a and 4a solved please

PE9-1A Capital and revenue expenditures On August 7, Green River Inflatables Co. paid $1,675 to install a hydraulic lift and $40o for an air filter for one of its delivery trucks. Journalize the entries for the new lift and air filter expenditures. OBJ. 1 1 p414 PE 9-1B On February 14, Garcia Associates Co. paid $2,300 to repair the transmission on one of its delivery vans. In addition, Garcia Associates paid $450 to install a GPS system in its van. Jourmalize the entries for the transmission and GPS system expenditures. Capital and revenue expenditures 1 p414 OBJ.1 PE 9-2A Straight-line depreciation Equipment acquired at the beginning of the year at a cost of $340,000 has an estimated residual value of $45,000 and an estimated useful life of 10 years. Determine (a) the depreciable cost, (b) the straight-line rate, and (c) the annual straight-line depreciation. OBJ. 2 2 p417 PE 9-3A A tractor acquired at a cost of $420,000 has an estimated residual value of $30,000, has an estimated useful life of 25,000 hours, and was operated 1,850 hours during the year Determine (a) the depreciable cost, (b) the depreciation rate, and (c) the units-of output depreciation for the year units-of-output depreciation -3 p418 PE 9-3 B A truck acquired at a cost of $69,000 has an estimated residual value of $12,000, has an estimated useful life of 300,000 miles, and was driven 77,000 miles during the year Determine (a) the depreciable cost, (b) the depreciation rate, and ( the units-of-output depreciation for the year Units-of-output depreciation OBJ. 2 -3 p 418 4 p 420 PE 9-4A Double-declining-balance depreciation OBJ. 2 Equipment acquired at the beginning of the year at a cost of $175,000 has an estimated residual value of $12,000 and an estimated useful life of 10 years. Determine (a) the double-declining-balance rate and (b) the double-declining-balance depreciation for the first year

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