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On July 1,2022, Carla Vista Co. purchased new equipment for $76,800. Its estimated useful life was 7 vears with a 59,600 , akage value of

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On July 1,2022, Carla Vista Co. purchased new equipment for $76,800. Its estimated useful life was 7 vears with a 59,600 , akage value of $4,800. (a) Your answer is conrect. Prepare the journul entry to record depreciation on December 31.2022. Qust debit entry before credit entry. Credit occount itiles are. oitamatically indented when amount is enternd, Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter ofor the amounts) Prepare the journal entry to record depreciation on December 31, 2023. Uhst debit entry before credit entry, Credit occount bities an outomaticolly indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the accecunt titils and enter ofor the amounts)

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