Question Completion Status: QUESTION 18 3 points (Extrac The cost of an asset is $10,000,000, and its residual value is $100.000. Estimated useful life of the asset is four years. Prepare the schedule of depreciation using the double-declining balance method of accounting TT T Anal W3 (12pt) T E . . gsme: 5 hours, 29 minutes, 44 seconds. * Question Completion Status: QUESTION 19 6 points Mon January 16, 2017. Eliot Brothers Olling sold 55.000 of merchandise to Bryce, on account. Ellot Brothers could not collect cash from Bryce and wrote off the account on December 31, 2017. On November 4, 2018, Bryce unexpectedly paid 55.000 Journalize the transactions on December 31, 2017 and November 4, 2018. (Eliot Brothers uses the allowance method.) QUESTION 24 J poil Coney Island Corp. discards a truck that was originally purchased for 550,000 and had accumulated depreciation of 530,000 Prepare the journal entry for the disposal. TTT Anal 3 (1201) T E . .2:25 QUESTION 31 The following information is available for Ashland Company for the month ending June 30, 2017. * Balance as per the bank statement is $11,240. * Balance as per books is $10.200. * Check #506 for $1.200 and check #510 for $900 were not shown on the June 30 bank statement. * A deposit in transit of $3.110 had not been received by the bank when the bank statement was generated, MA bank debit memo indicated an NSF check for 585 written by Maddie Wolfe to Ashland Company on June 13 * A bank credit memo indicated a note collected by the bank of 52,100 and interest revenue of 555 on June 20 The bank statement indicated service charges of $20. led by the bank eddie Wolfe to Ashlue of 555 on) Prepare bank reconciliation for Ashland Company for June 30, 2017, TTT Anal 3(12pt) T.EE