Business, 06.12.2019 06:31 mercymain1014
Yoshi company completed the following transactions and events involving its delivery trucks 2016 jan. 1 paid $20,515 cash plus $1,485 in sales tax for a new delivery truck estimated to have a five dec. 31 recorded annual straight-line depreciation on the truck. 2017 dec. 31 due to new information obtained earlier in the year, the truck's estimated useful life was year life and a $2,000 salvage value. delivery truck costs are recorded in the trucks account. changed from five to four years, and the estimated salvage value was increased to $2,400. re- corded annual straight-line depreciation on the truck. 2018 recorded annual straight-line depreciation on the truck. sold the truck for $5,300 cash. dec. 31 31 required prepare journal entries to record these transactions and events
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Yoshi company completed the following transactions and events involving its delivery trucks 2016 jan...
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