question dd

The following information is selected transactions at Boilermaker Co. for 2019: Journalize all entries required on the following dates, including entries to update depreciation, where applicable, on assets disposed of. Boilermaker Co. uses straight-line depreciation. (Assume depreciation is up to date as of December 31, 2018; so depreciation expense was not recognized during 2019). . Jan. 1: Retired a computer that was purchased at $1,800 on Jan. 1, 2016. (3 year life: no salvage value). (4 points) June 30: Sold an oven that was purchased at $10,000 on Jan 1, 2017. (5 year life: no salvage value, straight-line method). The oven was sold for $4,000 (cash). (4 points) . Dec. 31: Sold a truck that was purchased at $33,000 on Jan 1, 2017. (5 year life: salvage value $3,000, straight-line method). The truck was sold for $18,000 (cash). (4 points)