Particulars | Debit | Credit |
Depreciation Account | $ 4500 | |
Accumulated Depreciation Account | $ 4500 |
Please answer the question below, Thanks! CALATORIES BACK MENTI Wildhorse Co. purchased a delivery truck for...
The questions is in the second photo, thanks! CALCULATOR PRINTER VERSION BACK Exercise 9-7 (Part Level Submission) Wildhorse Co. purchased a delivery truck for $38,000 on January 1, 2019. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 14,400 in 2019 and 12,700 in 2020. (al) Your answer is correct. Calculate depreciable cost per mile under units-of-activity method. (Round answer...
please answer the question below, thanks! CALCULATOR PRINTER VERSION BACK NEXT Exercise 9-7 (Part Level Submission) Wildhorse Co. purchased a delivery truck for $38,000 on January 1, 2019. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 14,400 in 2019 and 12,700 in 2020. (al) Your answer is correct. Calculate depreciable cost per mile under units-of-activity method. (Round answer to...
Flint Company purchased a delivery truck for $29,000 on January 1, 2020. The truck has an expected salvage value of $2,740, and is expected to be driven 101,000 miles over its estimated useful life of 10 years. Actual miles driven were 16,600 in 2020 and 13,100 in 2021. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile Compute depreciation expense for 2020 and 2021 using (1) the straight-line...
Concord Corporation purchased a delivery truck for $36,800 on January 1, 2020. The truck has an expected salvage value of $1,800, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 13,500 in 2020 and 13,000 in 2021. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile e Textbook and Media List of Accounts Compute depreciation expense for...
Question 19 View Policies Current Attempt in Progress Novak Company purchased a delivery truck for $27,000 on January 1, 2020. The truck has an expected salvage value of $1,000, and is expected to be driven 100,000 miles over its estimated useful life of 10 years. Actual miles driven were 13,400 in 2020 and 13,900 in 2021. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile eTextbook and Media...
Question 19 --/1 View Policies Current Attempt in Progress Novak Company purchased a delivery truck for $27,000 on January 1, 2020. The truck has an expected salvage value of $1,000, and is expected to be driven 100,000 miles over its estimated useful life of 10 years. Actual miles driven were 13,400 in 2020 and 13,900 in 2021. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile eTextbook and...
Tamarisk, Inc. purchased a delivery truck for $29,200 on January 1, 2019. The truck has an expected salvage value of $2,200, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 16,100 in 2019 and 12,800 in 2020. A. Calculate depreciable cost per mile under units-of-activity method. B.Compute depreciation expense for 2019 and 2020 using (1) the straight-line method, (2) the units-of-activity method, and (3) the double-declining-balance method. (Round depreciable...
Pronghorn Company purchased a delivery truck for $26,000 on January 1, 2020. The truck has an expected salvage value of $1,280, and is expected to be driven 103,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,700 in 2020 and 10,200 in 2021. a. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile b. Compute depreciation expense for 2020 and 2021 using (1)...
Exercise 10-07 a1-b2 Concord Company purchased a delivery truck for $29,000 on January 1, 2020. The truck has an expected salvage value of $1,000, and is expected to be driven 100,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,300 in 2020 and 13,200 in 2021. Your answer is correct. Calculate depreciation expense per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciation expense $ per mile SHOW LIST OF ACCOUNTS...
Exercise 9-7 Linton Company purchased a delivery truck for $30,000 on January 1, 2017. The truck has an expected salvage value of $2,600, and is expected to be driven 102,000 miles over its estimated useful life of 10 years. Actual miles driven were 12,000 in 2017 and 12,000 in 2018. Calculate depredation expense per mile under units-of-activity method. (Round answer to 2 declmal place e.g. 0.52.) Depreciation expense per mile SHOW LIST OF ACCOUNTS LINK TO TEXT Compute depreciation expense...