Prior to adjustment at the end of the year, the balance in Trucks is $301,884 and the balance in Accumulated DepreciationTrucks is $100,880. Details of the subsidiary ledger are as follows:

A.	Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year.
B.	Journalize the entry on Dec. 31 to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account titles.

Prior to adjustment at the end of the year, the balance in Trucks is $301,884 and the balance in Accumulated Depreciation-Trucks is $100,880. Details of the subsidiary ledger are as follows: Truck No. Cost Estimated Residual Value Useful Life $14,610 250,000 miles 1 $79,610 Accumulated Depreciation at Miles Operated Beginning of Year During Year 20,800 miles $14,610 32,100 miles 61,380 8,400 miles 24,890 22,800 miles 2 57,495 6,070 302,500 miles 3 76,060 13,750 201,000 miles 4 88,719 22,920 243,700 miles A. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year. B. Journalize the entry on Dec. 31 to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account titles. A. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year. Truck No. Rate per Mile Miles Operated Credit to Accumulated Depreciation 1 $ 20,800 $ 2 32,100 3 8,400 4 22,800 Total $ B. Journalize the entry on Dec. 31 to record depreciation for the year. Refer to the Chart of Accounts for exact wording of account titles. Question not attempted. PAGE 1 JOURNAL Score: 0/25 ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 Adjusting Entries 2 3