Pharoah Productions Corp. purchased equipment on March 1, 2024, for $55,800. The company estimated the equipment would have a useful life of three years and produce 10,000 units, with a residual value of $9,000. During 2024, the equipment produced 4,900 units. On November 30, 2025, the equipment was sold for $18,000 and had produced 6,300 units that year. (a) Record all the necessary journal entries for the years ended December 31, 2024 and 2025, using the following depreciation methods: (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round the depreciation rate in the double-diminishing-balance method to the nearest whole percent, e.g. 43% and round depreciation per unit in the units-of-production depreciation method to 2 decimal places, e.g. 2.25 and final answers to O decimal places, e.g. 5,275.) (1) Straight-line 2) double diminishing balance 3) units of production

Pharoah Productions Corp. purchased equipment on March 1,2024, for $55,800. The company estimated the equipment would have a useful life of three years and produce 10,000 units, with a residual value of $9,000. During 2024, the equipment produced 4,900 units. On November 30,2025 , the equipment was sold for $18,000 and had produced 6,300 units that year. (a) Record all the necessary journal entries for the years ended December 31, 2024 and 2025, using the following depreciation methods: (List oll debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually if no entry is required, select 'No Entry' for the occount titles and enter Ofor the amounts. Round the depreciation rate in the double-diminishing-balance method to the nearest whole percent, eg. 43\% and round depreciation per unit in the units-of-oroduction depreciation method to 2 decimal places, eg. 2.25 and final answers to 0 decimal places, es. 5.275.) (1) Straight-line Date Account Titles and Explanation Debit Credit 2024 Mar. 1 Equipment Cosh Dec. 31 Depletion Expense AccumulatedDepreclation-Equipment 2025 Nov. 30 Denreclation Expense Accumulated Depreciation-Equipment (To record depreclation expense) Nov, 30 cith Accumulated Depreciation-Equipment Gain on Disposal Equipment (To record the sale of equipment) (2) Double-diminishing-balance Date Account Titles and Explanation Debit Credit 2024 Mar. 1 Equipment Cash Dec. 31 Depletion Expense Accumulated Depreciation - Equipment 2025 Nov. 30 Depreciation Expense Accumulated Depreciation-Equipment (To record depreciation expense) Nov. 30 Cash Accumulated Depreciation-Equipment Gain on Disposal Equipment (To record the sale of equipment) Question 10 of 11 2.83/20 (3) Units-of-production Date Account Titles and Explanation Debit Credit 2024 Mar. 1 Dec 31 2025 Nov. 30 (To record depreciation expense) Nov. 30 (To record the sale of equipment)