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was purchased on January 1,2015 , for he equipment was purchased on Janua vehicle, receiving a $10,000 trade-in all The following are some transactions of
was purchased on January 1,2015 , for he equipment was purchased on Janua vehicle, receiving a $10,000 trade-in all The following are some transactions of Wildhorse Company for 2024. Wildhorse Company uses straight-line depreciation and has a December 31 year end. 50,000 . The equipment had an expecte 3, 2022, for $13,680 and was depreci: wance and paying $36,000 cash. The ol spected useful life of 10 years with no r epreciated over an expected useful life The old vehicle had been purchased on s with no residual value. 2018 , at a cost of $34,800. The estim For each of these disposals, prepare a journal entry to record depreciation from January 1 , 2024 , to the date of disposal, if required. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry. Record journal entries in the order presented in the problem.) stimated residual value was $6,000. TI ne old vehicle was $8,500 on Novembe Record the disposals. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) expected useful life of 10 years with no depreciated over an expected useful lif . The old vehicle had been purchased c 50,000 . The equipment had an expecte y, 2022, for $13,680 and was depreci: wance and paying $36,000 cash. The ol was purchased on January 1,2015 , for he equipment was purchased on Janua vehicle, receiving a $10,000 trade-in al The following are some transactions of Wildhorse Company for 2024. Wildhorse Company uses straight-line depreciation and has a December 31 year end. residual value. of three years with no residual value. n November 1, 2018, at a cost of $34,8 he estimated useful life was eight years The fair value of the old vehicle was $ che estimated residual value was $6,00 cle was $8,500 on November 1, 2024. For each of these disposals, prepare a journal entry to record depreciation from January 1 , 2024 , to the date of disposal, if required. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry. Record journal entries in the order presented in the problem.) Record the disposals. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) was purchased on January 1,2015 , for he equipment was purchased on Janua vehicle, receiving a $10,000 trade-in all The following are some transactions of Wildhorse Company for 2024. Wildhorse Company uses straight-line depreciation and has a December 31 year end. 50,000 . The equipment had an expecte 3, 2022, for $13,680 and was depreci: wance and paying $36,000 cash. The ol spected useful life of 10 years with no r epreciated over an expected useful life The old vehicle had been purchased on s with no residual value. 2018 , at a cost of $34,800. The estim For each of these disposals, prepare a journal entry to record depreciation from January 1 , 2024 , to the date of disposal, if required. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry. Record journal entries in the order presented in the problem.) stimated residual value was $6,000. TI ne old vehicle was $8,500 on Novembe Record the disposals. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) expected useful life of 10 years with no depreciated over an expected useful lif . The old vehicle had been purchased c 50,000 . The equipment had an expecte y, 2022, for $13,680 and was depreci: wance and paying $36,000 cash. The ol was purchased on January 1,2015 , for he equipment was purchased on Janua vehicle, receiving a $10,000 trade-in al The following are some transactions of Wildhorse Company for 2024. Wildhorse Company uses straight-line depreciation and has a December 31 year end. residual value. of three years with no residual value. n November 1, 2018, at a cost of $34,8 he estimated useful life was eight years The fair value of the old vehicle was $ che estimated residual value was $6,00 cle was $8,500 on November 1, 2024. For each of these disposals, prepare a journal entry to record depreciation from January 1 , 2024 , to the date of disposal, if required. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry. Record journal entries in the order presented in the problem.) Record the disposals. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)
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