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Question 3 : The Hang - Out, a popular pizza restaurant, has a thriving delivery business. The Hang - Out has a fleet of three

Question 3: The Hang-Out, a popular pizza restaurant, has a thriving delivery business. The Hang-Out has a fleet of three delivery automobiles. Prior to making the entry for this year's amortization expense, the subsidiary ledger for the fleet is as follows:
Instructions
(a) Determine the amortization rates per kilometre for each car.
(b) Determine the number of kilometers driven by each car to the beginning of the current year.
(c) Determine the amortization expense for each car for the current year.
(d) Make one compound (combined) journal entry to record the annual amortization expense for the fleet.
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