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Wildhorse Co, hid the following assets on January 1,2025. During 2025, each of the assets was removed from service. The machinery was retired on January
Wildhorse Co, hid the following assets on January 1,2025. During 2025, each of the assets was removed from service. The machinery was retired on January 1 . The forklift was soid on June 30 for $12,900. The truck was discarded on December 31 . Journalize all entries required on the above dates. Including entries to update depreciation, where applicable, on disposed assets. The company uses straight-fine depreciation. All depreciation was up to date as of December 31, 2024. Qist all debit entries before credit entries: Credit account tieles are outomatically indented when the amount is entered. Do not indent monually. If no entry is required, select "No Entry for the occount titles and enter ofor the amounts) Wildhorse Co, hid the following assets on January 1,2025. During 2025, each of the assets was removed from service. The machinery was retired on January 1 . The forklift was soid on June 30 for $12,900. The truck was discarded on December 31 . Journalize all entries required on the above dates. Including entries to update depreciation, where applicable, on disposed assets. The company uses straight-fine depreciation. All depreciation was up to date as of December 31, 2024. Qist all debit entries before credit entries: Credit account tieles are outomatically indented when the amount is entered. Do not indent monually. If no entry is required, select "No Entry for the occount titles and enter ofor the amounts)
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