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please make all answers visible when posted :) Yoshi Company completed the following transactions and events involving its delivery trucks Year 1 Jan. I paid
please make all answers visible when posted :) Yoshi Company completed the following transactions and events involving its delivery trucks Year 1 Jan. I paid $20,515 cash plus 51,785 in sales tax for a new delivery truck estimated to have a five-year life and a $2,300 salvage value. Delivery truck costs are recorded in the Trucksaccount Dec. 31 Recorded annual straight-line depreciation on the truck 16 Year 2 Dec 11 The truck's astiated useful life was changed from five to four years, and the estimated salvage value was focreased to $2,700. Recorded annual straight-line depreciation on the truck Year 3 Dec. Recorded annual straight line depreciation on the truck. Dec. 11 Sold the truck for 55. See cash Required: 1-0. Calculate depreciation for Year 2 1-b. Calculate book value and gain (loss) for sale of Truck on December 31, Year 3 1-c. Prepare journal entries to record these transactions and events Complete this question by entering your answers in the tabs below. Required 1A required 10 Required 10 Calculate book value and das (hoss) for sale of Truck on December 31, vara, Depression 1 Dertion expens for Year 2 Depreciation dense for Var 3) Aboumated depreciation 12/31 Year Book of truck wt 123trar 3 Total out Am Geriation Back 12ver ( Reqared 1A Repued 10 >
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