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Prepare the necessary journal entries to record the following transactions in 2014 for the Carla Vista (Credit account titles are automatically indented when the amount

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Prepare the necessary journal entries to record the following transactions in 2014 for the Carla Vista (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Listail debit entries before credit entries. If no entry is required, select "No Entry for the accountities and enter for the amounts) Jan 11 Mar. 6 Discarded old store equipment that originally cost $23.000 and had a book value of 54,784 on the date of disposal Depreciation on the equipment has already been recorded for the current year. 5old delivery truck for $7.728. The delivery truck originally cost $48.760 and had accumulated depreciation of $42.320 on the date of sale. The depreciation on the truck already been recorded for the current year Straight-line depreciation is recorded for the first quarter of 2014 on equipment with a 4 years life that was purchased on January 1, 2012 for $25,200 with an estimated salvape of 53.120 Incurred and paid for 5515.200 of costs to develop a new patent. The patent has a legal life of 20 years Mar 21 May 10 Sept 30 Paid the corporate attorney 560,000 to register the new patent see May 101 Now 1 Acquired RT Coronado a small parts company for $285.200 cash. RT Coronado had net assets totaling $809 600, net liabilities totaling $598.000 Recognized amortization for the last quarter of 2014 Dec a1 Date Account Titles and Explanation Debat Credit Jon Mar33 > May 10 > Sep 30 NO.1 Dec 31 v

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