Equipment
Purchased on April by issuing shares of your $ par common stock. Your stock had a market value of $ per share. Estimated life years, estimated salvage value $ Method of Depreciation declining balance.
Spent $ to have the equipment properly installed on April
Used the equipment in so record depreciation on December
Spent $ for minor repairs on the equipment on July
Used the equipment in so record depreciation on December
Sold the equipment on September for $ in cash.
Questions please show and label your work
Prepare journal entries for the above events
What is the book value of the equipment on December
