Willow Creek company purchased and installed carpet in its new general offices on April 30 for a total cost of $18,000. the carpet is estimated to have a 15-year useful life and no residual value. A. Prepare the journal entry necessary for recording the purchase of the new carpet. B. Record the December 31 Adjusting entry for the partial-year depreciation expense for the carpet, assuming that Willow Creek uses the straight - line method. The Depreciation Expense must equal $800

Please provide in a format that will be easy to translate into excel and uses proper headings for the journal entry.

Obj. 1.2 Depreciation Expense 5800 EX 9-16 Capital expenditure and depreciation Willow Creek Company purchased and installed carpet in its new general offices on April 30 for a total cost of $18,000. The carpet is estimated to have a 15-year useful life and no residual value Prepare the rural entry necessary for recording the purchase of the new carpet b. Hecord the December 31 adjusting entry for the partial year depreciation expense for the carpet, assuming that willow Creek uses the straight line method