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WAS Assessment Player Tool sessmem.educationmileycom Question 19 /3 View Policies Current Attempt in Progress Presented below are selected transactions at Larkspur, Inc. for 2020. Jan.

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WAS Assessment Player Tool sessmem.educationmileycom Question 19 "/3 View Policies Current Attempt in Progress Presented below are selected transactions at Larkspur, Inc. for 2020. Jan. 1 Retired a piece of machinery thatwas purchased on January 1, 2010. The machine cost $62,100 on that date. It had a useful life of 10 years with no salvage value. June 30 Sold 3 computer that was purchased on January 1, 2017. The computer cost $36,000. It had a useful life of 5 years with no salvage value. The computer was sold for $15,200. Dec. 31 Discarded a delivery truck that was purchased on January 1, 2016. The truck cost $40440. ltwas depreciated based on a 6-year useful life with a $3,000 salvage value. Journ alize all entries required on the above dates, including entries to update depreciation, where applicable, on assets disposed of. Larkspur. Inc. uses straight-line depreciation. (Assume depreciation is upto date as of December 31, 2019.) {Credit account tities are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. if no entry is required, select "No Entry" for the account tities and enter 0for the amounts. Do not round intermediate calcuiations.) Data Account Tides and Explanation Debit audit 0- 0 (To record depreciation to date of disposal) June 30 AW-Ch09 WAS Assessment Player Tool x * Homework Help - Q&A from Or x thinkwell | student area X Macroeconfinards | Q X C assessment.education.wiley.com/was-assessment-player/products/2068fb76-416c-4861-addd-ffe7de7155cb/assessments/3fa459d4-bf42-43eb-8231-ba59aae30468/question.. G + (To record depreciation to date of disposal) June 30 (To record sale of computer) (To record depreciation to date of disposal) Dec. 31 (To record retirement of truck)

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