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Please answer all 3 parts to this single Question. 1st photo is the question the other 3 are templates for the 3 parts to the

Please answer all 3 parts to this single Question. 1st photo is the question the other 3 are templates for the 3 parts to the question image text in transcribed
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Brief Exercise 3-9 Record the adjusting entry for depreciation (LO3-3) Beaver Construction purchases new equipment for $40,320 cash on April 1, 2021. At the time of purchase, the equipment is expected to be used in operations for six years (72 months) and have no resale or scrap value at the end. Beaver depreciates equipment evenly over the 72 months ($560/month). Required: 1.&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2021 is $0). Journal entry worksheet Record the purchase of equipment. Note: Enter debits before credits. General Journal Date April 01 Debit Credit Record entry Clear entry View general journal Required 3 > Journal entry worksheet Record adjusting entry on December 31. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal Required 3 > Required: 1.&2. Record the necessary entries in the Journal Entry Worksheet below. 3. Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the Accumulated Depreciation at the beginning of 2021 is $0). Complete this question by entering your answers in the tabs below. Required 1 and 2 Required 3 Calculate the year-end adjusted balances of Accumulated Depreciation and Depreciation Expense (assuming the balance of Accumulated Depreciation at the beginning of 2021 is $0). Ending Balance Accumulated depreciation Depreciation expense

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