a. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation
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Question:
a. Determine the depreciation rates per mile and the amount to be credited to the accumulated depreciation section of each of the subsidiary accounts for the miles operated during the current year. Round the rate per mile to two decimal places.
Truck No. | Rate per Mile (in cents) | Miles Operated | Credit to Accumulated Depreciation | |||||||||
1 | $ | 21,000 | $ | |||||||||
2 | 33,500 | |||||||||||
3 | 8,000 | |||||||||||
4 | 22,500 | |||||||||||
Total | $ |
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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