They record their adjusting journal entries $($AJEs$)$ monthly and use the straight$-$line depreciation method.

Instructions: Answer the following questions. The following templates are provided as examples. Feel free to use the table provided or create your own. A table is not required, but your work must be clearly organized and labeled properly. Make sure to clearly indicate what account$($s$)$ are debited and credited. In addition, all calculations must be shown for full credit.

Part I: Record the purchase of the truck in the General Journal:

$\backslash$table$[[$Date$,$Account,Debit,Credit$],[,,,],[,,,]]$

Part II: Complete the table below in regards to the truck:

$\backslash$table$[[$Year$,$Depreciation Expense $($for year$),$End of Year Book Value$],[,,],[,,],[,,]]$