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situation is given tell me all 9 journal entries please answer all 9 thank you . Asap The following transactions and adjusting entries were completed
situation is given tell me all 9 journal entries please answer all 9 thank you . Asap
The following transactions and adjusting entries were completed by Gravure Graphics International, a paper-packaging company. The company uses straight-line depreciation for trucks and other vehicles, double-declining balance depreciation for buildings, and straight-line amortization for patents. January 2, 2019 Paid $91,00 cash to purchase storage shed components January 3. 2019 Paid $4,200 cash to have the storage shed erected storage shed has an estimated life of ten years and residual value of $10,000 April 1, 2019 Paid $29,200 cash to purchase a pickup truck for use in the business truck has an estimated useful life of five years and a residual value of $7,200 May 13, 2019 Paid $170 cash for repairs to the pickup truck, July 1, 2010 paid $19,200 cash to purchase stunt rights on new paper bag manufacturing process patent is estimated to have a remaining useful life of five years. December 31, 2019 Recorded depreciation and amortization on the pickup truck, storage shed, and patent. June 30, 2020 Sold the packup truck for $25,400 cash. (Record the depreciation on the truck per to recording its disposal.) December 31, 2020. Recorded depreciation on the storage shedi determined that the patent was impaired and wrote off its raining book value. (ie, wrote down the book value to reo) Required: Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) is to spead book value. (1., wrote down the book value to zero.) brage shed; deterwined that the patent was impaired and wrote off its raining Required: Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) + nces View transaction list Journal entry worksheet Paid $91,800 cash to purchase storage shed components Note: Enter debits before credits Date 'W10 General Journal Credit Debit don min 25 Pald $4,200 cash to have the storage shed erected; storage shed has an estimated life of ten years and a residual value of $10,000. Note: Enter debits before credits Date General Journal Debit Credit Ooh w Pro May Patent have a remaining useful life of five years. December 31, 2019 Recorded depreciation and anortization on the pickup truck, storage shed, and patent. June 30, 2020 Sold the pickup truck for $25,400 cash. (Record the depreciation on the truck prior to recording i December 31, 2020 Recorded depreciation on the storage shed; determined that the patent was impaired and wrote off book value. (i.e., wrote down the book value to zero.) Required: Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select entry required" in the first account field.) View transaction list Journal entry worksheet Paid $29,200 cash to purchase a pickup truck for use in the business; truck has an estimated useful life of five years and a residual value of $7,200. Note: Enter debits before credits. Date General Journal Debit Credit Ann Mahir cash. (Record the depreciation on the truck prior to recording its disposal.) December 31, 2020 Recorded depreciation on the storage shed; determined that the patent was impaired and wrote off its remaining book value. (i.e., wrote down the book value to zero.) Required: Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 9 Paid $170 cash for repairs to the pickup truck Note: Enter debits before credits Date General Journal M PORTA ARARA Credit Debit .nl June 30, 2020 Sold the pickup truck for $25,400 cash. (Record the depreciation on the truck prior to recording its disposal.) December 31, 2020 Recorded depreciation on the storage shed; determined that the patent was impaired and wrote off its remaining book value. (i.e.wrote down the book value to zero.) Required: Prepare the journal entries required on each of the above dates. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 5 9 Paid $19,200 cash to purchase patent rights on a new paper bag manufacturing process, patent is estimated to have a remaining useful life of five years. Not: Enter debits before credits Date General Journal Debit Credit nost Step by Step Solution
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