Question: Please answer the question below, Thanks! CALATORIES BACK MENTI Wildhorse Co. purchased a delivery truck for $38,000 on January 1, 2019. The truck has an
CALATORIES BACK MENTI Wildhorse Co. purchased a delivery truck for $38,000 on January 1, 2019. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 14,400 in 2019 and 12,700 in 2020. (al) Your answer is correct. Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Attempts: 1 of 15 used (a2) Your answer is correct. Compute depreciation expense for 2019 and 2020 using (1) the straight- line method, (2) the units-of-activity method, and (3) the double- declining balance method. (Round depreciable cost per unit to 2 decimal places, e.g. 0.50 and depreciation rate to o decimal places, e.g. 15%. Round final answers to o decimal places, e.g. 2,125.) (1) method (2 activity method de method C y ou would like to show Work for this question Open Show ( 1) Assume that Wildhorse uses the straight-line method. Prepare the journal entry to record 2019 depreciation. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Round answers to O decimal places, e.g. 2,125.) Click you would like to show Work for this question Open Show Work
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