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The following are some transactions of Bloom Company for 202. Moom Company w h ere depreciation and has a December 31 year end. Apr1 Retired
The following are some transactions of Bloom Company for 202. Moom Company w h ere depreciation and has a December 31 year end. Apr1 Retired a piece of equipment that was purchased on lanuary 1, 2012, for 46,000. The equipment had an expected us e of 10 years with residuale July 10 Sold equipment for $1.200 sh. The equipment was purchased on avary 3, 2019 for $12.960 and was deprecated over an expected us e of three years with no residual value Traded in an old whide for a new vide receiving a $10.000 trade in awe and paying ,000 cash. The old whide had been purchased on November 1, 2015, com $20.000. The estimated s a. The fair value of the vehide was $8.100 on November 12 2021 e was yes and the stad s are For each of the deal, pregrejournal entry to record deconomy 1.2021. de der for the amounts Recand journal entries in the order matically inde To record de penge Attempt of used SAVE FOR LATER The beco m e
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