Question: CALCUULAT L SCREEN PRINTER VERSIOR CES Exercise 9-8 Here are selected 2017 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was
CALCUULAT L SCREEN PRINTER VERSIOR CES Exercise 9-8 Here are selected 2017 transactions of Bramble Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2007. The machine cost $62,200 and had a useful life of 10 years with no salvage value. une Sold a computer that was purchased on January 1, 2015. The computer cost $35,400 and had a useful ife of 4 years with no salvage value. The computer was sold for 30 $5,500 cash. Dec. Sold a delivery truck for $9,450 cash. The truck cost $24,000 when it was purchased on January 1, 2014, and was depreciated based on a S-year useful life wilth a 31 $3,700 salvage value. Journalize all entries required on the above dates, incdluding entries to update depreciation on assets disposed of, where applicable. Bramble Corporation uses straight-ine depreciation. Record entries in the order displayed inthe problem statement Credit amit ito, aedor at cally n d t d che a st b i red i red indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) tudy Date Account Titles and Explanation Debit Credit To record deprecation expense for 2017)
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