Question: Current Attempt in Progress Blue Spruce Cons prepares monthly facial statements The tabulary shown in the costs the Jessary November 2022. During Deber, the

Current Attempt in Progress Blue Spruce Cons prepares monthly facial statements The

Current Attempt in Progress Blue Spruce Cons prepares monthly facial statements The tabulary shown in the costs the Jessary November 2022. During Deber, the fawingbransaction Dec 2 Paid cash for eqment with a purchase price of $15,400 $500 of 2 wild for $4,000 equipment that originally cost S000 Acated dipecation on this spent at ry 1 2022, was $2.250, 2022 depreciation expeme prior to the sale of $960 15 e sold inventory for $79,000 cinh thut 23 Salaries and wages of $7,600 were paid Adpatment data $54,500 + The balance in prepaid insurance represents a 6-month policy with coverge beginning December 1, 2022 2 The spent owned prior to this year is being depreciated uning the straight-line method over 5 years. The salvage value is 10% of cont 3 The squipment purchased on December 2.2022. is being depreciated uning the straight line method over 5 years, with salvage value of $2.000 The patent was acquired on January 1.2022 and has a useful fe of 8 years from that date

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