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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 2024. Carla Vista uses straight-line depreciation and
records adjusting entries annually.
Jan. 1 Sold a delivery truck for $17,450 cash. The truck cost $57,900 when it was purchased on January 1,
2021, and was depreciated based on a four-year useful life with a $5,920 residual value.
Sept. 1 Sold computers that were purchased on January 1,2022. They cost $11,862 and had a useful life of
three years with no residual value. The computers were sold for $510 cash.
Dec. 30 Retired equipment that was purchased on January 1,2015. The equipment cost $151,900 and had a
useful life of 10 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 0
for the amounts.)

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