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Question 6 Presented here are selected transactions for Carla Vista Limited for 2018. Carla Vista uses straight-line depreciation and records adjusting entries annually. Jan. 1

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Question 6 Presented here are selected transactions for Carla Vista Limited for 2018. Carla Vista uses straight-line depreciation and records adjusting entries annually. Jan. 1 Sold a delivery truck for $19,440 cash. The truck cost $56,890 when it was purchased on January 1, 2015, and was depreciated based on a four-year useful le with a $6,590 residual Value Sept. 1 Sold computers that were purchased on January 1, 2016. They cost $11,682 and had a useful fe of three years with no residual value. The computers were sold for $460 cash Dec. 30 Retired equipment that was purchased on January 1, 2009. The equipment cost $149,500 and had a useful life of 10 years with no residual value. No proceeds were received the amount is entered. Do not indent manually. If no entry is required, select "We Entry" for Record the above transactions. (Credit account titles are automatically indented the account bles and enter for the amounts) Account Titles and Explanation (To record depreciation experie) Date Account Titles and Explanation Debit Credit Sept. 1 (To record depreciation expense) (To record the sale of equipment for cash) Dec 30 (To record depreciation expense) (To record the retirement of equipment)

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