Truck Co . purchased a new car on March 1 , 2 0 1 9 for $
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Truck Co purchased a new car on March for $ The estimated useful life of the car was kms After reaching kms the car will still function, but is deemed to be at the end of its useful life and can be sold for scrap for $ The car was driven km in km in and km in Trucking Cos year end is December Calculate the depreciation expense and record the journal entries at December relating to depreciation of the new car for the years and assuming that Truck Co depreciates this car based on the number of kilometers driven units of use
Related Book For
Financial Accounting An Integrated Statements Approach
ISBN: 978-0324312119
2nd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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