YouTube Mos Dashboard LGO for a total cost of $8,760. The carpet is Capital Expenditure and Depreciation, Parital-Year Depreciation Willow Creek Company purchased and installed carpet in its new general offices on March estimated to have a 10-year useful life and no residual value 2. Prepare the journal entry necessary for recording the purchase of the new carpet. March 30 ALGO ... ALGO ALGO ALGO b. Record the December 31 adjusting entry for the partial-year depreciation expense for the carpet, assuming that Willow Creek ses the straight-line method. Do not round Intermediate calculations Dec 31 ALGO SIT Hems Check My Work