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Presented here are selected transactions for Carla Vista Limited for 2 0 2 4 . Carla Vista uses straight - line depreciation and records adjusting
Presented here are selected transactions for Carla Vista Limited for Carla Vista uses straightline depreciation and
records adjusting entries annually.
Jan. Sold a delivery truck for $ cash. The truck cost $ when it was purchased on January
and was depreciated based on a fouryear useful life with a $ residual value.
Sept. Sold computers that were purchased on January They cost $ and had a useful life of
three years with no residual value. The computers were sold for $ cash.
Dec. Retired equipment that was purchased on January The equipment cost $ and had a
useful life of years with no residual value. No proceeds were received.
Record the above transactions. List all debit entries before credit entries. Credit account titles are automatically indented
when the amount is entered. Do not indent manually. If no entry isrequired,select No Entry" for the account titles and enter
for the amounts.
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