John enterprise sells the truck purchased in January of 2019 for $10,000. Tip: Remember to make required
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Question:
John enterprise sells the truck purchased in January of 2019 for $10,000. Tip: Remember to make required depreciation entries for the first 11 mos of 2022.
Date Purchased:1/1/19
Purchase cost: 32,000
Depreciation: Double Declining
EUL: 5
Could you journalize this for me. the current month is December 2022.
Expert Answer:
Okay lets journalize the sale of the truck purchased by John Enterprise on January 1 2019 Given info... View the full answer
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