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prepare the journal entries for 2 0 2 2 through 2 0 2 4 Crane Lure Co. purchased a machine on October 1, 2022fo $125,
prepare the journal entries for through
Crane Lure Co. purchased a machine on October 1, 2022fo $125, 00. It has a $18,600 residual value and a 10-year useful life. On July 1, 2024 the machine sold for $77,200. The company Yble-declining-balance method of depreciation. The company fiscal year end is December 31. Account Titles and Explanation Date 2022 : I i I I I ill iii 2023 2024 (To record depreciation expense.) Debit Credit
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