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need help asap CLORATO EN PONTEVERSON BACK URCES NET Question 3 Marigole Company purchased a delivery truck for $24,000 on January 1, 2010. The truck
need help asap CLORATO EN PONTEVERSON BACK URCES NET Question 3 Marigole Company purchased a delivery truck for $24,000 on January 1, 2010. The truck has expected salvege va of $5,000, and is expected to be driven 103,000 miles over its estimated useful life of years. Actualmiles drives were 16,100 in 2020 and 11.700 in 2021 Hudy Your answer is correct. calculate Oppreciation expense permite unter units of activity memos. Round answer to 2 decimal places, eg. 0.56.) Depreciation expense 030 permite SHOW LIST OF ACCOUNT WEWE your answer is partially correct Computer for 2020 and 2021 t) the the method the fact (?) de belancet. (Round depreciation cout per unit to 2 decimal places es. 0.50 and depreciation rate te decimal places 09. 159. Round for answers to decima. 2.125) Depreciation Expense 2010 2021 (5) Stracht method G PRINTER VERSION CALCULATOR FULL SCREEN Compute depreciation expense for 2020 and 2021 using (1) the straight line method, (2) the units-of-activity method, and (3) the double-declining balance method (Round depreciation per unit to 2 decimal places, e.g. 0.50 and depreciation rate to o decimal places, e... 15%. Round final answers to decimal places, e.g. 2,125.) Depreciation Expense 2020 2021 (1) Straight-line method 38625 38625 (2) Units-of-activity method 4830 3570 (3) Declining balance method 3012,73 2710 SHOW LIST OF ACCOUNTS HOW SOLUTION Your answer is partially correct. Assume that Marigold uses the straight-line method Prepare the Journal entry to record 2010 depreciation (Credit account titles are automatically indented when amount is andered. De not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round answers to decimal places. 2.125.) Account Titles and Explanation Debat Credit Depreciation Expense 38625 Accumulated Depreciation Equipment 36625 RCES Accumulated Depreciation Equipment CALCULATOR 3862.5 FULL SCREEN PRINTER VERSION SHOW LIST OF ACCOUNTS SHOW ANSWER Your answer is partially correct. Assume that Marigold uses the straight-line method. Show how the truck would be reported in the December 31, 2020, balance sheet. (Round answers to decimal places,.. MARIGOLD COMPANY Partial Balance Sheet December 31, 2020 Equipment 34000 Les ccumulated Depletion 1862.5 301375 Click if you would like to show Work for this question Open Show Work SHOW LIST OF ACCOUNTS SHOW ANSWER at Privacy Poly
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