Question: Depreciation by Units-of-activity Method Prior to adjustment at the end of the year, the balance in Trucks is $422,900 and the balance in Accumulated DepreciationTrucks

Depreciation by Units-of-activity Method

Prior to adjustment at the end of the year, the balance in Trucks is $422,900 and the balance in Accumulated DepreciationTrucks is $129,480. Details of the subsidiary ledger are as follows:

mind that the degreciation taken cannot reduce the book value of the truck below its residual value. Racund the rate per mile to two decimal places. b. Asurnatie the entry on Docember 31 to recerd depreciation for the year. If an amount box doen not require an entry, leave it tank

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