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Please help p9-3b The only assets that are ere retired on December 31.) plant assets section of Craig's balance sheet at December 31, 2012. (c)
Please help p9-3b
The only assets that are ere retired on December 31.) plant assets section of Craig's balance sheet at December 31, 2012. (c) Tot Here are selected transactions for Halverson Corporation for 2012. P9-3B Jours Retired a piece of machinery that was purchased on January 1, 2002. The machine cost $47,000 and had a useful life of 10 years with no sal- Jan. 1 dispe (S0 5 vage value. Sold a computer that was purchased on January 1, 2009. The computer cost $43,400 and had a useful life of 7 years with no salvage value. The computer was sold for $25,000. 31 Mar 31 Dec. Discarded a delivery truck that was purchased on January 1, 2009. The truck cost $30,000 and was depreciated based on a 6-year useful life with a $3,000 salvage value. Instructions Journalize all entries required on the above dates, including entries to update depreci- ation on assets disposed of, where applicable. Halverson Corporation uses straight-line depreciationStep by Step Solution
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