Question

CALCULATOR PRINTER VERSION BACK Exercise 9-8 Here are selected 2017 transactions of Bramble Corporation Jan. 1 June 30 Retired a place of machinery that was purchased on January 1, 2007. The machine cost $61,900 and had a useful life of 10 years with no salvage value. Sold a computer that was purchased on January 1, 2015. The computer cost $35,800 and had a useful life of 4 years with no salvage value. The computer was sold for $4,300 cash. Sold a delivery truck for $9,450 cash. The truck cost $23,800 when it was purchased on January 1, 2014, and was depreciated based on a S-year useful life with a $3,300 salvage value. Dec. Journalize all entries required on the above dates, including entries to update depreciation on assets disposed of where applicable Bramble Corporation uses straight-line depreciation. (Record entries in the order displayed in the problem statement Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Credit Debit Account Titles and Explanation

Answer 1

Jounal Entui. تليجعن Debit Datu Accound TituL Explanation Accumulatadl Dap - Mauhiney Ma.chinely Being educod the valu machinay by traning Jan. 1 6190o 61900 in accumildog dep afe) June 30 पिप+5 puciation Expenaa Accumulated Aepucistion Computal ecing dap chalgedl on (omputc 35800 x 4 xG/12 4445 X 4300 Cash Зо Accumulatd ep- ombutu Q4375 35800 x 4-17900; 11900 +4475 Dis pasal 9125 Lodi on C35800 5+4300) Computei Computuu sold on los 3S800

Oate Accourd Tes explanation ebit Cedit Depuciation Expense Oac 31 Accumulated puciation - Thuck 41o0 nick) Being up. Chaigd m Ca3800-3300) x '/5 q450 Casn 31 Accumulated Depuciation Tauck 1300 a3800-3300) x 3/5 Loss on iaposal a3800 - (1a30o+q450) Tuck శిం50 a3800 Being Tauct sald on Los)