- On July 1 2019 Sandu Trucking Bought A Truck For 42 000 Cash It Has Estimated Residual Value Of 6 000 And An Estim 1 (36.7 KiB) Viewed 12 times
On July 1, 2019, Sandu Trucking bought a truck for $42,000 cash. It has estimated residual value of $6,000, and an estim
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On July 1, 2019, Sandu Trucking bought a truck for $42,000 cash. It has estimated residual value of $6,000, and an estim
On July 1, 2019, Sandu Trucking bought a truck for $42,000 cash. It has estimated residual value of $6,000, and an estimated life of 4 years, or 300,000 kilometres. The truck drove 80,000 kilometres in 2019, 90,000 kilometres in 2020, and 100,000 kilometres in 2021. Sandu uses the Units of Production method of depreciation and has a December 31st year end. What is the accumulated depreciation for the truck after all adjusting entries at December 31, 2020? $20,400 $37,800 O $23,800 $32,400