Question: View History Bookmarks Window Help t mheduc ework Problem 8-5A Computing and revising depreciation; selling plant assets LO C2, P1, P2 Yoshi Company completed the
View History Bookmarks Window Help t mheduc ework Problem 8-5A Computing and revising depreciation; selling plant assets LO C2, P1, P2 Yoshi Company completed the following transactions and events involving its delivery trucks. 2016 Jan. Dec. 31 Recorded anroal straight-line depreclation on the truck ) 1 Paid.$23.515 cashpla, $1,93S in sales tax for a new delivery truek es una ted to have a five-year life and a 2,150lvage value. Delivery truck costs are recorded in the Trucks account 2017 Dec. 31 Due to sew intorsation obtained earlier in the year, the trsek's estinated usetul life vas changed from tive to four years, and the estimated salvage valoe was increased to $2,550. Recorded annual straight-line depreciation on the truck 2018 Dec. 31 Recorded annual straight-line depreoiation on the truck Dec. 31 Sold the truck for s5 400 cash. 1-a. Calculate depreclation for year 2017 1-b. Calculate book value and gain (loss) for sale of Truck on December, 2018. 1-. Prepare journal entries to recoed these transactions and events Complete this question by entering your answers in the tabs below. Requitred SA Required 1s Required 1c Calculate depreciation for year 2017 Less accumulated depreciation (from 2016) C Prev13 o 13 Next MacBook Pro Search or enter website name 3 4 5 6 8
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